Sirf Such

Truth that Matters. Stories that Impact

Sirf Such

Truth that Matters. Stories that Impact

Business

Sensex Today | Stock Market LIVE Updates: Nifty below 22,450, Sensex sheds 660 pts; Godrej Properties Q2 profit falls 62%

Nifty50 Today | CLSA maintains Outperform on CreditAccess Grameen, cuts target price to Rs 1,600/share

#1 Q2 pre-provision operating profit (PPoP) beat estimates by 7%, driven by stronger net interest income, while a macro-prudential buffer kept PAT in line

#2 RoA exceeded guidance for the second consecutive quarter, and FY27 RoA guidance was raised by around 100 basis points

#3 AUM growth stood at 19%, while Retail Finance now contributes around 25% of AUM with lower delinquencies

#4 Net slippages rose around 70 basis points quarter-on-quarter but remain below steady-state levels

#5 Drought may increase credit costs in Q3FY27

#6 FY28–FY29 PAT estimates cut by 2–4%, factoring in another repo rate hike and proposed insurance distribution reform

CreditAccess Grameen was quoting at Rs 1,027.55, down Rs 62.10, or 5.70 percent.

It has touched a 52-week low of Rs 1,017.25.

It has touched an intraday high of Rs 1,168 and an intraday low of Rs 1,017.25.

It was trading with volumes of 190,023 shares, compared to its five day average of 128,998 shares, an increase of 47.31 percent.

Source: www.moneycontrol.com