CreditAccess Grameen Ltd
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
CreditAccess Grameen Ltd
CREDITACC
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Key Metrics
| PE RatioPE Ratio | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 42.22 | 3.76 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 22.55 | 2.32 | 0.85% |
Forecast & RatingsDetailed Forecast
Analysts have suggested that investors can buy this stock
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
CreditAccess Grameen Limited is an India-based non-banking financial company. The Company offers microfinance services. The Company is focused on providing financial support to women from low-income households and to rural poor. It offers collateral free loans to women from low-income households. Its products include group lending, retail finance and distributor products. Its group lending includes income generation loan, home improvement loans, family welfare loan and emergency loans. Its retail finance includes Grameen Udyog Loan, Grameen Vikas Loan, Grameen Savaari Loan and Grameen Suvidha Loan. Its distributor product includes Life insurance and National Pension Scheme- Swavalamban. It offers home improvement loans to help customers with water connections, toilet construction, or for home extension projects, such as repairs or replacement of roof, walls, floors, and monsoon waterproofing.
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Financial TrendFinancial statements
Holdings TrendDetailed holdings
Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Recent NewsAll news
CreditAccess Grameen to step up dependence on non-bank funding
3 weeks ago•The Hindu Businessline
Creditaccess Grameen to enter secured lending segment; launches first NCD issue
3 weeks ago•Free Press Journal
CreditAccess Grameen unveils NCD issue
3 weeks ago•The Hindu
Recent EventsAll events
Press Release
CREDITACCESS GRAMEEN LIMITED has informed the Exchange about press release dated 25-Nov-2022 titled ￢ﾀﾘSuccessful Completion of Maiden Public Issue of NCDs of INR 500 crore￢ﾀﾙ | Download
CREDITACCESS GRAMEEN LIMITED has informed the Exchange about press release dated 25-Nov-2022 titled ￢ﾀﾘSuccessful Completion of Maiden Public Issue of NCDs of INR 500 crore￢ﾀﾙ | Download
General updates
CREDITACCESS GRAMEEN LIMITED has informed the Exchange about allotment of 50,00,000 (Fifty Lakhs) secured, redeemable, Non-Convertible Debentures of face value of ￢ﾂﾹ1,000 each for cash at par, aggregating to ￢ﾂﾹ500 Crore, on public issue basis. | Download
CREDITACCESS GRAMEEN LIMITED has informed the Exchange about allotment of 50,00,000 (Fifty Lakhs) secured, redeemable, Non-Convertible Debentures of face value of ￢ﾂﾹ1,000 each for cash at par, aggregating to ￢ﾂﾹ500 Crore, on public issue basis. | Download
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value