**CreditAccess Grameen Surges on Brokerage Upgrades** CreditAccess Grameen shares witnessed a sharp rally following positive re-ratings from global financial institutions. Both **HSBC** and **CLSA** have upgraded the stock to a **Buy** rating, signaling renewed institutional confidence in the lender's trajectory. This bullish sentiment is anchored in robust December quarter earnings. The company reported a substantial increase in **net profit**, driven largely by significant **margin expansion** and a notable decline in **provisions**. Operational metrics further validated the upgrade, with **asset quality** showing marked improvement. Growth momentum remains strong as the lender successfully onboarded a high volume of **new borrowers** during the quarter. Financial stability remains a key strength for the firm. The balance sheet reflects **robust liquidity** and a **healthy capital position**, providing a solid foundation for continued expansion in the microfinance segment.