CreditAccess Grameen's Valuations Attractive Says Motilal Oswal — Check Rating, Target Price

Motilal Oswal has expressed a positive outlook on CreditAccess Grameen, highlighting that the normalization of credit costs and improved earnings visibility present an attractive investment opportunity. The brokerage firm anticipates a gradual rerating of the company’s valuation, suggesting that investors could benefit from the anticipated growth. This assessment comes amid a broader trend in the financial sector where companies are adapting to changing economic conditions. As CreditAccess Grameen positions itself for future growth, the firm has issued a rating and target price that reflects its confidence in the microfinance sector's recovery. This development is particularly relevant for investors looking to capitalize on opportunities within the Indian microfinance landscape, which has shown resilience despite recent challenges. Motilal Oswal's insights underline the potential for sustained profitability and market expansion in the coming quarters, making CreditAccess Grameen a noteworthy consideration for investment portfolios seeking long-term gains.
Originally reported by NDTV Profit. Read original article
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