Creditaccess Grameen (CREDITACC.NS)
Trading Performance (24‑hour period ending 01:10 PM Central Europe, Thursday 22 October 2026)
- Price: INR 1,088.5 (down 6.86 %)
- Volume: INR 660.8 million worth of shares traded
- Shares Outstanding: 160.3 million
- Market Capitalisation: INR 183.1 billion
Historical Context
- Month‑end change: –15.87 % since last month end.
- 200‑day Simple Moving Average: INR 1,346.84.
- 52‑week high: INR 1,634 (31 July 2026).
- 52‑week low: INR 1,113 (23 March 2026).
Upcoming Events
- Second‑quarter earnings release: 22 October 2026.
- ESOP allocation: 14,575 shares allotted to seven employees, including a significant share to the managing director and CEO, aligning new shares with existing equity and supporting employee ownership.
Peer Activity in the 24‑Hour Window
| Stock | Symbol | Price Change | Current Price | Market Cap | P/E Ratio |
|---|---|---|---|---|---|
| Timken India | TIMKEN.NS | –2.28 % | INR 2,748.1 | INR 217.4 bn | 49.82 |
| Acc | ACC.NS | –0.36 % | INR 1,186.9 | INR 218.5 bn | 10.98 |
| Chennai Petroleum | CHENNPETRO.NS | +0.42 % | INR 1,453.7 | INR 214.2 bn | 6.90 |
| Belrise Industries | BELRISE.NS | –3.42 % | INR 214.74 | INR 212.2 bn | 37.14 |
| Kiocl | KIOCL.NS | –4.71 % | INR 332.9 | INR 213.3 bn | 570.34 |
Notable Developments for Chennai Petroleum (CHENNPETRO.NS) The subsidiary of Indian Oil Corporation has announced a shift in its crude procurement strategy. It will reduce long‑term contracts with Middle Eastern suppliers for the upcoming year and increase reliance on the spot market. This move is intended to provide flexibility against price, freight, and availability fluctuations caused by geopolitical tensions in the Persian Gulf, particularly following recent attacks that disrupted shipping routes through the Strait of Hormuz. The change does not imply a decrease in overall Gulf crude purchases but represents a strategic realignment to mitigate risk. Expansion and partnership initiatives are on hold pending further market clarity.
