CreditAccess Grameen Share Price Hits 22-Month Low As Goldman Sachs Double Downgrades Rating

The scrip fell as much as 12.93% to Rs 858.90 apiece, the lowest level since January 31, 2023. It pared losses to trade 7.2% lower at Rs 915.75 apiece, as of 9:44 a.m. This compares to a 0.4% advance in the NSE Nifty 50 Index.

It has fallen 42% on a year-to-date basis. Total traded volume so far…