The report maintains ADD on CreditAccess Grameen with a revised target of INR 1,595, highlighting strong NIM reflation and loan growth but flagging asset quality as a monitorable due to monsoon deficit in key states.
Read this note →CREDITACCESS GRAMEEN LIMITED
NSE CREDITACC BSE 541770 INE741K01010
0 filings · 0 analysed
1,265.80
+90.31%
over 5 years
-
The note says CREDAG reported 1QFY26 PAT of INR 602mn (+27% QoQ, -85% YoY) with credit cost easing to 9.4% from 9.8% QoQ and GNPA at 4.70%, and that JM Financial upgraded the stock to BUY with a revised target of INR 1,475 valuing it at 2.6x FY27E BVPS, expecting ~15% AUM CAGR over FY25-27E and average RoE of ~15% over FY26-27E.
Prices from Yahoo Finance, NSE close, delayed — indicative only, not for dealing. Solid markers sit on the exchange's own timestamp.
Targets, and what happened next
What each house published, and where the price has gone since. Orivam issues no calls of its own and takes no view on these.
| House | Published | Call | Entry | Target | Now | Progress | Standing |
|---|---|---|---|---|---|---|---|
| HDFC Securities | 23 Oct 2026, 06:27 | long | 1,027.40 | 1,595.00 | 1,083.10 | 10% | open by 2027-10-23 |
Deadlines: 0 stated by the house, the rest set by Orivam’s convention — ten trading days for a technical call, twelve months for a price target. A target with no date cannot be judged, so one has to be chosen.
What the desks said
The report states CreditAccess Grameen raised $175 million through a syndicated social loan to support lending and financial inclusion initiatives.
Read this note →The note says CREDAG reported 1QFY26 PAT of INR 602mn (+27% QoQ, -85% YoY) with credit cost easing to 9.4% from 9.8% QoQ and GNPA at 4.70%, and that JM Financial upgraded the stock to BUY with a revised target of INR 1,475 valuing it at 2.6x FY27E BVPS, expecting ~15% AUM CAGR over FY25-27E and average RoE of ~15% over FY26-27E.
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