CreditAccess Grameen surges on crossing AUM of Rs 25,000 crore
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CreditAccess Grameen is currently trading at Rs. 1478.05, up by 7.70 points or 0.52% from its previous closing of Rs. 1470.35 on the BSE.
The scrip opened at Rs. 1477.15 and has touched a high and low of Rs. 1518.00 and Rs. 1475.80 respectively. So far 16095 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1794.40 on 11-Dec-2023 and a 52 week low of Rs. 876.10 on 31-Mar-2023.
Last one week high and low of the scrip stood at Rs. 1562.25 and Rs. 1452.45 respectively. The current market cap of the company is Rs. 23583.52 crore.
The promoters holding in the company stood at 66.66%, while Institutions and Non-Institutions held 27.79% and 5.55% respectively.
CreditAccess Grameen has crossed the landmark of Rs 25,000 crore assets under management (AUM) in the 25th year of inclusive journey. The AUM as on March 31, 2023 stood at Rs 21,031 crore. The AUM growth is in line with the annual growth guidance of 24-25%, fuelled by robust customer additions.
CreditAccess Grameen is a leading Indian micro-finance institution headquartered in Bangalore, focused on providing micro-loans to women customers predominantly in Rural Areas in India.
