India's CreditAccess Grameen gains on stake addition by institutional investors

CreditAccess Grameen

03/07/2023 07:17

** Shares of Indian microfinance services provider
CreditAccess Grameen  CRDE.NS  rise as much as 2% to 1,272.40
rupees apiece
    ** Plutus Wealth Management bought 1.02 mln shares as 1,245
rupees per share, on Friday, according to bulk deal data from
National Stock Exchange (NSE)
    ** BNP Paribas Arbitrage and Canara Robeco Mutual Fund
Emerging Equity purchased 1.22 mln shares and 1.18 mln shares at
1,245.76 rupees and 1,245.01 rupees, respectively
    ** Of the 14 analysts tracking the stock, 10 maintain
"strong buy", three suggest "buy" and one recommends "hold";
median TP is 1,375 rupees - Refinitiv data
    

 

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))