CreditAccess Grameen’s shares have surged by nearly 17% over four trading sessions despite a sequential decline in loan disbursements and a net loss due to increased provisioning. The company has forecasted recovery in operating parameters starting from the March quarter, with improved business momentum and risk management.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Market expert Nischal Maheshwari advises investors to focus on fundamentals amidst market volatility. He notes large-cap growth remains single-digit, banks are poised for margin improvement,