Goldman Sachs downgrades CreditAccess Grameen to sell, stock down 12%

November 29, 2024

CreditAccess Grameen shares fell 11.8% after Goldman Sachs downgraded the stock, citing asset quality stress and risks related to over-leveraged borrowers. The target price was slashed by 60% to Rs 564.

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Mcap of nine of top-10 most valued firms surges by Rs 2.34 lakh crore; Reliance biggest gainer

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