Yes Bank Share Price: A Comprehensive Analysis


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Yes Bank is a private sector bank in India that has been experiencing fluctuations in its share price. As of January 1, 2024, the Yes Bank share price is ₹21.45. The bank has a balance sheet size of ₹3.4 lakh crore as of March 2023 and a footprint of 1,145 branches across India. Yes Bank shares soared 7% in December 2023 after the lender invited bids for the sale of ₹4,234 crore NPAs. YES Securities also made key appointments in November 2023.

The recent share price is -4.15% below its 52-week high of ₹22.90, set on December 15, 2022. The 52-week range for Yes Bank’s share price is between ₹14.40 and ₹22.90. The bank’s P/E (TTM) is 75.32, and its market cap is ₹631.27 billion INR.

Key Appointments

In November 2023, YES Securities made key appointments, including:

  • Anshul Arzare as MD and CEO
  • Amar Ambani as ED

These appointments are expected to bring fresh perspectives and expertise to the bank’s leadership, which could potentially lead to improvements in its operations and financial performance.

Share Price Forecast

According to the Yes Bank share price forecast for 2024, the stock price is predicted to reach ₹25.27 in 12 months, which represents a 22.13% increase from the current price. The RSI score for Yes Bank is 67.62, indicating that the stock is currently in the neutral territory. The stock’s fair value estimate for Yes Bank is ₹22.49, which is a 10.35% increase from the current price.

While the Yes Bank share price may remain volatile, the bank’s recent developments and improvements in business growth and asset quality, along with the key appointments made in November 2023, may be positive indicators for investors. However, it is essential to consider the stock’s fundamentals, technicals, and market sentiment before making any investment decisions.

Stock Performance Metrics

Here are some key performance metrics for Yes Bank as of January 1, 2024:

  • 52-week high: ₹22.90
  • 52-week low: ₹14.40
  • P/E (TTM): 75.32
  • Market Cap: ₹631.27 billion INR

These metrics provide a snapshot of the bank’s stock performance over the past year. It is crucial to analyze these metrics in conjunction with other factors, such as the bank’s financial health, growth prospects, and market conditions, to make informed investment decisions.

Recent Developments

Yes Bank has been in the news for its recent developments. In December 2023, the bank invited bids for the sale of ₹4,234 crore NPAs, which led to a 7% surge in its share price. The bank has also been focusing on reducing its stressed assets, which has led to a substantial reduction in its stressed assets. These developments are positive indicators for the bank’s future growth prospects.

Conclusion

Yes Bank’s share price has been volatile in recent times, but the bank’s recent developments and improvements in business growth and asset quality, along with the key appointments made in November 2023, may be positive indicators for investors. However, it is essential to consider the stock’s fundamentals, technicals, and market sentiment before making any investment decisions.

Frequently Asked Questions (FAQ) about Yes Bank Share Price

1. What is the current share price of Yes Bank?

As of January 1, 2024, the current share price of Yes Bank is ₹21.45[1].

2. What was the 52-week high and low for Yes Bank’s share price?

The 52-week high for Yes Bank’s share price was ₹22.90, set on December 15, 2022, and the 52-week low was ₹14.40[1].

3. What is the market value and the number of outstanding shares of Yes Bank?

The market value of Yes Bank is ₹655.14 billion, and the number of outstanding shares is 28.76 billion[1].

4. What is the price-to-earnings (P/E) ratio of Yes Bank?

The price-to-earnings (P/E) ratio of Yes Bank is 76.42 (TTM)[1].

5. Has Yes Bank paid any dividends?

As of the latest available information, Yes Bank has not paid any dividends, and the dividend yield is not applicable[1].

These are some of the frequently asked questions about Yes Bank’s share price and related financial information. For more detailed or specific inquiries, it is recommended to consult with a financial advisor or refer to the latest official reports and disclosures from Yes Bank.

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