New Delhi, Jan. 27 -- CreditAccess Grameen share price cracked as much as 18 per cent to hit its fresh 52-week low of Rs.750.05 in intraday trade on BSE on Monday, January 27, following the company's December quarter (Q3) result. Shares of CreditAccess Grameen opened at Rs.851 against their previous close of Rs.913.90 and plunged 18 per cent to the 52-week low level of Rs.750.05. Around 10:15 AM, the stock traded 14.66 per cent down at Rs.779.95.

On Friday, January 24, the non-banking financial company-micro finance institution (NBFC-MFI) reported a topline increase of 7.2 per cent year-on-year (YoY) for the December quarter of the current financial year.

However, the company also faced a significant loss amounting to Rs.99.52 crore, co...