Big Movers on D-St: What should investors do with CreditAccess, Exide Industries and Kaynes Technology?

Big Movers on D-St: What should investors do with CreditAccess, Exide Industries and Kaynes Technology?

Indian market closed in the red for the second day in a row on Wednesday tracking muted global cues. The S&P BSE Sensex fell more than 300 points while the Nifty50 closed below 18200 levels. Sectorally, buying was seen in auto and FMCG stocks while selling was visible in realty, metals, IT, and power stocks. … Read more

Will the latest fundraising help this midcap microfinance lender find its mojo back?

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Some analysts are bullish on the stock given the accelerated provisioning and improving business outlook. Synopsis The return of its loan disbursement growth to pre-COVID levels and last week’s fund-raising are likely to improve the company’s performance in the coming quarters. ET Intelligence Group: The stock of microfinance lender CreditAccess Grameen has lost 15 per … Read more