CreditAccess Grameen shares zoom over 12% on strong Q2 results. Should you buy, sell or hold?

CreditAccess Grameen shares zoom over 12% on strong Q2 results. Should you buy, sell or hold?

Shares of non-banking financial company-micro finance institution (NBFC-MFI) CreditAccess Grameen zoomed over 12% to Rs 1,560 in Monday’s trade on BSE after the firm reported a 98% year-on-year (YoY) jump in net profit at Rs 347 crore on the back of strong business growth. The net profit was Rs 175 crore in the year-ago quarter. … Read more