CreditAccess Grameen Shares Soar 14% After Q3 Results; Brokerages Turn Bullish

• CreditAccess Grameen's shares surged over 14% intraday, closing up 9.00% at ₹1351.90 on BSE, despite a falling market.
• The rally followed strong Q3 December 2025 results, leading multiple brokerage firms to upgrade their ratings.
• HSBC upgraded to 'Buy' with a target price of ₹1630, citing margin expansion and reduced provisions.
• CLSA also upgraded to 'Buy' with a target of ₹1450; other firms like JM Financial, ICICI Securities, Avendus Spark, and Nomura followed suit.
• CreditAccess Grameen aims for 20% growth, 14%-14.5% Net Interest Margin, and 4%-4.5% RoA for FY2027.

Why It Matters: CreditAccess Grameen shares jumped significantly post-Q3 results, driven by strong performance and bullish brokerage upgrades.