In intraday deals, CreditAccess Grameen shares rose as much as 10.44% amid higher than usual trading activity.
Trading volume in CreditAccess Grameen shares spiked 1.5 times to 62.49 lakhs shares compared with an average trading volume of 41.53 lakh shares.
On the BSE, as many as 6.69 lakh CreditAccess Grameen shares changed hands compared with an average of 2.02 lakh shares traded daily in the past two weeks.
CreditAccess Grameen shares came under buying interest after the micro finance lender post market hours on Tuesday reported strong set of earnings in October-December period.
CreditAccess Grameen reported net profit of ₹252 crore in the third quarter of current financial year compared with a loss of ₹99 crore in the year-ago period.
The company’s pre-provision operating profit (PPOP) increased 9.2% annually to ₹680.5 crore and its total income rose 8% to ₹1,491 crore.
The company’s assets under management advanced 7% annually to ₹26,566 crore and its disbursements jumped 13% to ₹5,767 crore from ₹5,085 crore.
Global brokerage firm CLSA in a note said that Credit Access Grameen’s micro finance asset quality improved sharply in December quarter and new products in retail finance like non-MFI mix could be higher than 15% in FY26.
Global investment bank HSBC said that the third quarter performance came on the back of margin expansion and a sharp decline in provisions. HSBC expects stronger performance in the next financial year and it has raised its earnings per share (EPS) estimates by 7%-13% over FY26-28.
“Our third quarter performance reaffirms the strength and stability of our business model. We have witnessed normalisation in the asset quality trends across operating geographies enabling us to re-focus on growth with confidence,” said Ganesh Narayanan, Managing Director and Chief Executive Officer of CreditAccess Grameen.
“Monthly PAR 15+ accretion declined sharply to 18 bps in Dec-25 from 47 bps in Sep-25, with Jan-26 continuing to show similar trends. This improvement is broad-based, with Karnataka witnessing a notable recovery as asset quality reverted to historical levels. The 2 implementation of MFIN guardrails has meaningfully strengthened the overall quality of the microfinance ecosystem,” Narayanan added.
As of 11:34 am, CreditAccess Grameen shares traded 7.95% higher at ₹1,464, outperforming the NIFTY Smallcap 100 index which was trading on a flat note.