CreditAccess Grameen Ltd. (CREDITACC) Share Price Surges 4.6% Today

CreditAccess Grameen Ltd. Share Price rises 4.6% today, reaching Rs 1,586.65. The company’s market cap stands at Rs 24,317.43 crore.

CreditAccess Grameen Ltd. Share Price has experienced a notable rise today, reaching Rs 1,586.65, marking a 4.6% increase from the previous close of Rs 1,516.9. This price movement places the company among the top gainers in the market. With a market capitalisation of Rs 24,317.43 crore, CreditAccess Grameen Ltd. is classified within the Large Cap category. The company’s share price rise today has surpassed the qualifying threshold of 3% set for its market-cap category, highlighting its significant performance in the market.

Today’s price action reflects a robust trading session for CreditAccess Grameen Ltd., with the stock opening at Rs 1,583.55 and reaching a high of Rs 1,614.85 before settling at the current price. The day’s low was recorded at Rs 1,550.5, indicating a range of volatility throughout the session. The total volume traded today was 3,096,268 shares, with a turnover of Rs 15.87 crore, showcasing strong investor interest and participation.

CreditAccess Grameen Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 1,586.65
Previous Close	Rs 1,516.9
Today's Change	+Rs 69.75 (+4.6%)
Day Open	Rs 1,583.55
Day High	Rs 1,614.85
Day Low	Rs 1,550.5
Current Volume (BSE)	1,00,025
BSE Traded Volume	1,00,025
NSE Traded Volume	29,96,243
Combined NSE + BSE Volume	30,96,268
Turnover	Rs 15.87 crore
Market Capitalisation	Rs 24,317.43 crore
Market Cap Category	Large Cap
Qualifying Threshold Cleared	3%

CreditAccess Grameen Ltd. Share Price today reflects a significant upward movement, with a current price of Rs 1,586.65, up by Rs 69.75 or 4.6% from the previous close of Rs 1,516.9. The stock opened at Rs 1,583.55, reached a high of Rs 1,614.85, and recorded a low of Rs 1,550.5, indicating a volatile trading session. The total volume traded was 3,096,268 shares, with a turnover of Rs 15.87 crore, highlighting strong market activity.

As a Large Cap company, CreditAccess Grameen Ltd. has cleared the qualifying threshold of a 3% price rise for its market-cap category, underscoring its significant performance today. The stock’s price action today positions it among the top gainers in the market, attracting attention from investors and analysts alike. The substantial trading volume further emphasizes the market’s interest in the company’s shares.

The day’s trading activity reflects investor confidence and interest in CreditAccess Grameen Ltd., as evidenced by the significant price rise and high trading volume. The company’s performance today is noteworthy, given its classification within the Large Cap category, and its ability to surpass the qualifying threshold for price movement.

CreditAccess Grameen Ltd. Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 24,317.43 crore
P/E Ratio	8.93x
P/B Ratio	1.04x
ROE	1.37%
ROCE	8.87%

CreditAccess Grameen Ltd. was valued at a P/E ratio of 8.93x, a P/B ratio of 1.04x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of 1.37% and ROCE of 8.87%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

CreditAccess Grameen Ltd. operates within the Finance sector, with a market capitalisation of Rs 24,317.43 crore. The company’s valuation metrics include a P/E ratio of 8.93 and a P/B ratio of 1.04, both of which are competitive within the sector. The company’s ROE stands at 1.37%, while its ROCE is 8.87%, indicating a moderate return on equity and capital employed.

In comparison to the sector benchmarks, CreditAccess Grameen Ltd.’s P/E ratio of 8.93 is below the sector median of 9.7, suggesting a relatively attractive valuation. The company’s P/B ratio of 1.04 is slightly above the sector median of 0.97, indicating a fair valuation in terms of book value. The ROE of 1.37% is slightly below the sector median of 1.57%, while the ROCE of 8.87% is significantly higher than the sector median of 3.38%, showcasing the company’s efficient capital utilization.

CreditAccess Grameen Ltd.’s financial metrics reflect a solid foundation, with competitive valuation ratios and a strong ROCE. The company’s performance today, coupled with its fundamental strengths, positions it as a noteworthy player within the Finance sector.

Sector and Industry Context

Metric	Value
Sector	Finance
Benchmark Scope	same sector
Companies in Benchmark	533
Company P/E Ratio	8.93x
Benchmark Median P/E	9.7x
Benchmark Average P/E	59.26x
Benchmark P/E Range	0x to 2,080.5x
Companies with P/E Data	533
Company P/B Ratio	1.04x
Benchmark Median P/B	0.97x
Company ROE	1.37%
Benchmark Median ROE	1.57%
Company ROCE	8.87%
Benchmark Median ROCE	3.38%
Company Market Capitalisation	Rs 24,317.43 crore
Benchmark Median Market Cap	Rs 37.51 crore

CreditAccess Grameen Ltd. (CREDITACC) is classified under sector: Finance. The numerical benchmark uses 533 same sector companies from the supplied master-data set.

CreditAccess Grameen Ltd. (CREDITACC) has a P/E ratio of 8.93x, which is below the benchmark median of 9.7x, a difference of -7.94%. The benchmark contains 533 companies with P/E data, ranging from 0x to 2,080.5x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

CreditAccess Grameen Ltd. (CREDITACC) has a ROE of 1.37%, which is below the benchmark median of 1.57%, a difference of -12.74%. CreditAccess Grameen Ltd. (CREDITACC) has a ROCE of 8.87%, which is above the benchmark median of 3.38%, a difference of +162.43%.

Track today’s top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

CreditAccess Grameen Ltd. is part of the Finance sector, which comprises 533 companies. The sector’s P/E ratio ranges from 0 to 2080.5, with a median of 9.7, while the P/B ratio ranges from -52.47 to 232.61, with a median of 0.97. The sector’s ROE and ROCE medians are 1.57% and 3.38%, respectively.

Within this context, CreditAccess Grameen Ltd.’s P/E ratio of 8.93 is slightly below the sector median, indicating a relatively attractive valuation. The company’s P/B ratio of 1.04 is slightly above the sector median, suggesting a fair valuation in terms of book value. The ROE of 1.37% is marginally below the sector median, while the ROCE of 8.87% is significantly higher than the sector median, highlighting the company’s efficient capital utilization.

The Finance sector’s performance and benchmarks provide a backdrop for evaluating CreditAccess Grameen Ltd.’s position. The company’s valuation and profitability metrics suggest a competitive standing within the sector, with a strong ROCE indicating effective capital management.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Satin Creditcare Network Ltd.	SATIN	2,967.8	8.93	1.04	1.37	8.87
Colab Cloud Platforms Ltd.	COLA	2,923.32	626.98	99.22	-2.38	-1.34
Indo Thai Securities Ltd.	INDOTHAI	2,892.8	42.16	9.63	20.25	31.65
Monarch Networth Capital Ltd.	MONARCH	2,840.03	15.67	2.92	25.64	36.26
Nalwa Sons Investments Ltd.	NSIL	2,823.5	51.8	0.19	1.04	1.15

CreditAccess Grameen Ltd. (CREDITACC) has a P/E ratio of 8.93x compared with the displayed peer median of 42.16x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 1.37% compares with a peer median of 1.37% across the companies shown in the table. ROCE stood at 8.87% versus the displayed peer median of 8.87%, providing a capital-efficiency comparison. CreditAccess Grameen Ltd. (CREDITACC) has a market capitalisation of Rs 24,317.43 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

CreditAccess Grameen Ltd. competes with several peers in the Finance sector. Among its peers, Satin Creditcare Network Ltd. has a similar P/E ratio of 8.93 and P/B ratio of 1.04, with an ROE of 1.37% and ROCE of 8.87%. In contrast, Colab Cloud Platforms Ltd. has a significantly higher P/E ratio of 626.98 and P/B ratio of 99.22, but a negative ROE and ROCE, indicating weaker profitability.

Indo Thai Securities Ltd. presents a P/E ratio of 42.16 and a P/B ratio of 9.63, with an ROE of 20.25% and ROCE of 31.65%, showcasing strong profitability metrics. Monarch Networth Capital Ltd. has a P/E ratio of 15.67 and a P/B ratio of 2.92, with an ROE of 25.64% and ROCE of 36.26%, indicating robust financial performance.

CreditAccess Grameen Ltd.’s valuation and profitability metrics position it competitively among its peers, with a strong ROCE and attractive P/E ratio relative to the sector median.

Why Investors Are Watching CreditAccess Grameen Ltd.

Investors are closely monitoring CreditAccess Grameen Ltd. due to its significant price rise today and competitive valuation metrics. The company’s performance within the Finance sector, coupled with its strong ROCE, makes it an attractive option for investors.

• Price Action: Share price increased by 4.6% today.
• Technical Position: Strong market activity with high trading volume.
• Fundamental Context: Competitive P/E and P/B ratios.
• Sector Positioning: Strong ROCE compared to sector median.

Investors should continue to monitor CreditAccess Grameen Ltd.’s performance, particularly its ability to maintain strong financial metrics and market interest.

About CreditAccess Grameen Ltd.

CreditAccess Grameen Ltd. operates in the Finance sector, focusing on providing financial services to underserved segments. The company offers a range of products, including microfinance loans, to support economic development in rural and semi-urban areas. With a strong presence in the market, CreditAccess Grameen Ltd. aims to empower individuals and communities through financial inclusion.

The company’s business model revolves around providing accessible financial solutions, leveraging its extensive network and expertise in microfinance. CreditAccess Grameen Ltd. is committed to sustainable growth and enhancing the financial well-being of its clients.

Track CreditAccess Grameen Ltd. Share Price on Univest

Use CreditAccess Grameen Ltd. (CREDITACC) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors can track CreditAccess Grameen Ltd. Share Price on Univest to stay updated on live price movements, technical indicators, and fundamental ratios. Univest provides comprehensive market insights, including shareholding patterns and 52-week levels, to help investors make informed decisions.

Frequently Asked Questions

What is the current share price of CreditAccess Grameen Ltd.?

Ans. The current share price of CreditAccess Grameen Ltd. is Rs 1,586.65, reflecting a 4.6% increase from the previous close of Rs 1,516.9. The stock moved 4.6% during the session. The intraday range extended from Rs 1,550.5 to Rs 1,614.85.

How much did CreditAccess Grameen Ltd. share price rise today?

Ans. CreditAccess Grameen Ltd. share price rose by 4.6% today, marking a significant increase in its market performance. The stock moved 4.6% during the session. The intraday range extended from Rs 1,550.5 to Rs 1,614.85.

What is the market capitalisation of CreditAccess Grameen Ltd.?

Ans. The market capitalisation of CreditAccess Grameen Ltd. is Rs 24,317.43 crore, classifying it as a Large Cap company. The company operates in the Finance sector. Its P/E ratio is 8.93x.

What is the P/E ratio of CreditAccess Grameen Ltd.?

Ans. CreditAccess Grameen Ltd. has a P/E ratio of 8.93, which is below the sector median of 9.7, indicating a relatively attractive valuation. The company trades at a P/E ratio of 8.93x.

How does CreditAccess Grameen Ltd.'s ROCE compare to the sector?

Ans. CreditAccess Grameen Ltd.'s ROCE of 8.87% is significantly higher than the sector median of 3.38%, showcasing efficient capital utilization. ROE stands at 1.37%. ROCE stands at 8.87%. The relevant peer median ROE is 1.57%.

What is the P/B ratio of CreditAccess Grameen Ltd.?

Ans. CreditAccess Grameen Ltd. has a P/B ratio of 1.04, slightly above the sector median of 0.97, suggesting a fair valuation. The company trades at a P/E ratio of 8.93x. Its P/B ratio is 1.04x.

Who are the peers of CreditAccess Grameen Ltd.?

Ans. Peers of CreditAccess Grameen Ltd. include Satin Creditcare Network Ltd., Colab Cloud Platforms Ltd., and Indo Thai Securities Ltd., among others. Comparable listed companies include Satin Creditcare Network Ltd., Colab Cloud Platforms Ltd., Indo Thai Securities Ltd.

What is the ROE of CreditAccess Grameen Ltd.?

Ans. CreditAccess Grameen Ltd. has an ROE of 1.37%, slightly below the sector median of 1.57%, indicating moderate return on equity. ROE stands at 1.37%. ROCE stands at 8.87%. The relevant peer median ROE is 1.57%.