Current Price: ₹1,264.00 (as of Sep 17, 2024).
Target - 2200
Stop Loss below 1140
Sector: Microfinance, serving the underbanked population with a focus on rural areas.
Revenue Growth: The company has demonstrated strong top-line growth in recent years, owing to increased loan disbursements and a rising customer base.
Profitability: With a focus on expanding its rural reach, the company has shown stable profitability metrics.
Loan Book: CreditAccess Grameen’s loan book has expanded considerably, reflecting high demand for micro-loans in India.
Risk: Operating in the microfinance sector poses risks, including potential defaults in periods of economic stress, but the company's risk management strategy has proven resilient.
Growth Potential: Given the rising focus on financial inclusion in India, the company is well-positioned for long-term growth.