CreditAccess Grameen Ltd is one of India’s leading microfinance institutions, focused on providing financial services to low-income households in rural and semi-urban areas. Founded in 1999, the company aims to empower women by offering small loans for income-generating activities, helping them improve their livelihoods. CreditAccess Grameen operates with a customer-centric approach, ensuring that its financial products cater to the specific needs of underserved communities. CreditAccess Grameen Share Price on NSE as of 3 October 2024 is 1,170.00 INR. Here will provide more details on CreditAccess Grameen Share Price Target 2024, 2025, 2026 to 2030.
CreditAccess Grameen Ltd: Market Overview
- Open Price: ₹1,183.05
- High Price: ₹1,193.00
- Low Price: ₹1,168.00
- Previous Close: ₹1,196.70
- Volume: 318,479
- Value (Lacs): ₹3,727.80
- VWAP: 1,173.06
- UC Limit: ₹1,436.00
- LC Limit: ₹957.40
- P/E ratio: 12.53
- Div yield: 0.85%
- 52-wk high: ₹1,796.00
- 52-wk low: ₹1,153.00
- Mkt cap: ₹18.67KCr
- Face Value: ₹10
CreditAccess Grameen Share Price Chart
CreditAccess Grameen Share Price Target Tomorrow 2024 To 2030
CreditAccess Grameen Share Price Target Years | SHARE PRICE TARGETÂ |
2024 | ₹1500 |
2025 | ₹2381 |
2026 | ₹2845 |
2027 | ₹3250 |
2028 | ₹3720 |
2029 | ₹4360 |
2030 | ₹4872 |
CreditAccess Grameen Share Price Target 2024
CreditAccess Grameen share price target 2024 Expected target could be ₹1500. Here are three key factors that could affect the growth of CreditAccess Grameen’s share price target for 2024:
- Expansion of Microfinance Operations: CreditAccess Grameen’s ability to expand its lending operations, especially in untapped rural areas, could drive growth. Successful outreach and customer acquisition in these areas can increase revenue and profitability, positively impacting the share price.
- Regulatory Changes: Government policies and regulations related to microfinance institutions can affect the company’s operations. Favorable changes in lending limits or interest rates could boost profitability, while stringent regulations could pose challenges, influencing share price movements.
- Asset Quality and Non-Performing Loans (NPLs): Maintaining good asset quality and minimizing NPLs is crucial for CreditAccess Grameen. Lower default rates can enhance investor confidence, while any increase in bad loans could hurt growth prospects and affect the share price negatively.
CreditAccess Grameen Share Price Target 2025
CreditAccess Grameen share price target 2025 Expected target could be ₹2381. Here are three key factors that could influence the growth of CreditAccess Grameen’s share price target in 2025:
- Loan Portfolio Diversification: Expanding beyond microfinance into new segments such as small business loans or affordable housing could provide CreditAccess Grameen with additional revenue streams. Diversification reduces risk and boosts overall growth, potentially driving the share price higher.
- Technological Integration: The adoption of digital lending platforms, mobile apps, and AI-driven credit assessments can streamline operations and reduce costs. By improving efficiency and customer reach, CreditAccess Grameen can enhance profitability, which may reflect positively on its share price.
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Economic Conditions: The overall health of the Indian economy, particularly in rural areas, will have a significant impact on the demand for microfinance. Strong economic growth with rising rural incomes can increase demand for loans, supporting the company’s growth. Conversely, economic downturns may weaken demand and affect the share price.
CreditAccess Grameen Share Price Target 2030
CreditAccess Grameen share price target 2030 Expected target could be ₹4872. Here are three key risks and challenges that could impact CreditAccess Grameen’s share price target in 2030:
- Regulatory Changes: The microfinance sector is highly regulated, and any unfavorable policy changes by the government or RBI could increase operational restrictions or cap lending rates. Such changes could impact profitability and growth, putting downward pressure on the share price.
- Loan Default Risks: As CreditAccess Grameen serves rural and low-income borrowers, there is a higher risk of loan defaults, especially during economic downturns, natural disasters, or agricultural failures. A rise in non-performing assets (NPAs) could lead to financial stress and affect long-term share performance.
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Increased Competition: The growing popularity of microfinance and financial inclusion efforts could attract new entrants, increasing competition. Other microfinance institutions or fintech companies offering innovative digital solutions may challenge CreditAccess Grameen’s market share, which could limit growth potential and impact the share price.
Shareholding Pattern For CreditAccess Grameen Ltd
- Promoters:Ìý66.56%
- Mutual Funds:Ìý14.31%
- Foreign Institutions:Ìý10.88%
- Retail and Others:Ìý6.31%
- Other Domestic Institutions:Ìý1.94%
CreditAccess Grameen Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 29.94B | 54.57% |
Operating expense | 10.12B | 26.08% |
Net income | 14.46B | 75.04% |
Net profit margin | 48.30 | 13.25% |
Earnings per share | 90.41 | 74.47% |
EBITDA | — | — |
Effective tax rate | 25.44% | — |
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