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Bloomberg Quint

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Image Credit: Bloomberg Quint

CreditAccess Grameen Pivoting From Stress To Stability, Says Motilal Oswal Maintaining 'Buy'

  • Motilal Oswal reiterates Buy rating on CreditAccess Grameen with a target price of Rs 1,485, based on 2.5x Mar’27E price/book value.
  • CreditAccess Grameen is proactively diversifying its portfolio leveraging its existing customer base following the updated regulatory framework.
  • The company has demonstrated resilience amidst industry challenges, managing stress and returning to normal operational efficiency.
  • Motilal Oswal expects CreditAccess Grameen to deliver strong growth figures and maintains confidence in the company's fundamental strength.

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