in5points
FinanceMoneycontrol

CreditAccess Grameen's Q1 profit beats estimates; Nomura retains 'Buy', raises target price to Rs 1,830

in5points

  1. CreditAccess Grameen's Q1 profit beat estimates.

  2. Nomura retained 'Buy' rating on the stock.

  3. Nomura raised target price to Rs 1,830.

  4. Nomura noted the company delivered a calculated return on assets (ROA) of 6% during the quarter.

  5. Nomura highlighted that calculated NIMs at 16% are the company's highest ever.

2h ago · original ↗
CreditAccess Grameen's Q1 profit beats estimates; Nomura retains 'Buy', raises target price to Rs 1,830 · in5points