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CreditAccess Grameen Ltd Q1FY22 consolidated PAT slides to Rs 22 49 crore

CreditAccess Grameen Ltd Q1FY22 consolidated PAT slides to Rs 22 49 crore
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Udaya kumar hebbarCreditaccess grameenCreditaccess grameen ltdTime zoneAccess grameenManaging directorஉதய குமார் ஹெப்பார்நேரம் ஸோந்நுழைவு கிராமீன்நிர்வகித்தல் இயக்குனர்

Stocks in the news: Bajaj Finance, HCL Tech, Bata, ACC and NAM India

Stocks in the news: Bajaj Finance, HCL Tech, Bata, ACC and NAM India SECTIONS Last Updated: Jul 20, 2021, 08:22 AM IST Share Synopsis Bajaj Finance, Asian Paints, ICICI Pru Life, Syngene International, ICICI Securities, Crisil, DCM Shriram and Shyam Metalics will announce quarterly earnings today. Stock in focus: ACC, Supreme Petrochem, Nippon life AMC, Jindal Stainless, Bajaj Finance, HCL Tech and more Nifty futures on the Singapore Exchange traded 23.5 points, or 0.15 per cent lower at 15,718, signaling that Dalal Street was headed for a negative start on Tuesday. Here are a dozen stocks which may buzz the most in today s trade: Bajaj Finance,

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Satin Creditcare, Shyam Metalics to Oil & Gas stocks - here are top Buzzing Stocks today

Satin Creditcare, Shyam Metalics to Oil & Gas stocks - here are top Buzzing Stocks today
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Amidst second Covid-19 wave, micro finance companies find economic activities in rural areass

Also as a fallout in semi-urban areas, MSME sector is going through a major shift to digital payments

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Broker s call: CreditAccess (Buy) - The Hindu BusinessLine

Broker s call: CreditAccess (Buy) | Updated on CMP: ₹613.60 CreditAccess Grameen’s performance in Q4FY21 was stronger than expectations, adjusted for Provisions related to accelerated write-offs (3 per cent/2 per cent of GLP for CAGL/MMFL) and management overlay created for second wave (1 per cent /0.4 per cent of GLP for CAGL/MMFL). The collection efficiency has been impacted by 56 per cent due to the recent lockdowns. Management is of the view that industry could see a credit cost of 23 per cent from the second wave, much lower than the first wave. It also believes that if customer engagement starts improving from June, then there could be sufficient scope for business recovery.

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