BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Yes Securities Recommends 'Buy' On CreditAccess Grameen
According to Yes Securities, the steep fall in the CreditAccess Grameen stock price and consequent de-rating of valuation discounts 2020-21 headwinds, but does not capture a sharp recovery in return on equity (RoE) or return on assets (RoA) in financial year 2021-22. CreditAccess Grameen is expected to face much lesser challenges related to liquidity and capital in comparison to its peers.