Will Yes Bank share rise in future?
Technical analysts suggest that the new support level for Yes Bank is around ₹13 a share, and if it manages to cross ₹15.50-16, the stock could see a breakout with an upside target of ₹19-20. Analysts at ICICI Securities recommend a ‘hold’ rating on the stock.
The brokerage has maintained its Sell rating on Yes Bank shares with a target price (TP) of ₹12.8. “The bank has guided for (1) 3% exit quarter NIM in FY23 (2) 2.4% opex/assets (3) 2% slippages (4) >0.75% ROA in FY23.
Many people believe that Yes Bank (NS: YESB ) stock can easily reach Rs 50 or 100 from here. In recent past, YES BANK stock has traded around Rs 400. Business size of the bank is still big and a Big bank is trading in a penny price.
If you hold more than 100 shares of Yes Bank, you are locked in for 3 years. You will not be able to sell it.
Will Yes Bank recover?
Prashant Kumar, Managing Director and Chief Executive Officer at YES Bank, told CNBC-TV18 that the lender had recovered Rs 13,000 crore worth of defaulted loans in the last two years and may recover another Rs 5,000 crore in the next 12 months.
Can Yes Bank be a multibagger?
Yes Bank is a multibagger, can grow at double the industry rate: Parag Jariwala, Religare Capital. Edelweiss released a Economy Update report for Market Movement on 24 Jun, 2022.
If the price of Yes Bank is trading above 13.37 then possibility of upside targets getting achieved is higher….
| Target 1 | 11.37 |
|---|---|
| Target 2 | 12.63 |
| Target 3 | 12.86 |
| Target 4 | 13.22 |
| Target 5 | 13.25 |
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FAQs on Yes Bank You can easily buy Yes Bank shares in Groww by creating a demat account and getting the KYC documents verified online.
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Which stock can be multibagger in 2025?
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What will the stock market be in 2025?
If the Dow Jones Industrial Average’s close above 10,000 last Monday left you bedazzled, consider this: the Dow at 120,368 in 2025. That’s what Roger G. Ibbotson forecasts. Skeptics may want to note that in 1974 the Yale University economist predicted that the Dow would hit 10,000 near the end of this year.
Will SBI takeover Yes Bank?
Yes Bank says no merger plans with SBI, repays entire Rs 50,000 crore to RBI.
Will Yes Bank be closed?
In July 2020, Yes Bank Ltd closed their follow-on public offer (FPO) with 95% subscription, driven by institutional investors. As of 28 July 2020, Yes Bank is an associate of State Bank of India which has a 30% stake in the company….Yes Bank.
| Type | Public |
|---|---|
| Website | www.yesbank.in |
Is Yes Bank still working?
“Our banking services are now operational. You can now experience the full suite of our services.
Is Yes Bank a safe bank?
In Yes Bank, additional tier I perpetual bonds were written off, but depositors’ money was safe. Hence in the case of deposits in private sector banks, you need to ensure that it’s a leading private sector bank to avoid any trouble.
How much time Yes Bank will take to recover?
Yes Bank is talking to investors who have shown interest in the ARC and expects to complete the process in 60 days, Kumar said.
How good is Yes Bank?
YES bank service is good, I have been holding saving account for more than 4 years but past two years I am not using this account , because I forget net banking details if I contact the customer care there is no response so stop using this account itself. ATM and branches services are good.
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