There has been a continuous decline in the shares of private sector Yes Bank(NSE: YESBANK) for some time. In the last month, the stock has experienced a drop of around 19 percent.
On Wednesday this stock fell by 5.91% and slipped at Rs 23.50 per share. On Wednesday, this stock opened at a price of ₹22.90 per share.
It reached an intraday high of ₹23.10 during the day’s work. At the same time, the intraday lowest level is ₹ 21.40 per share.
Yes Bank’s 52-week high has been Rs32.85 per share. While the 52-week lowest is Rs14.40 per share.
Total Market Capitalization Of This Bank Is ₹65,900 Cr
During a show, Gujarat sought expert opinion on Yes Bank shares.
He asked the expert what he had 500 shares of Yes Bank, now what should he do with it. Veteran market expert gave his opinion in this trader’s show.
What Is The Expert’s Advice?
He said that a special kind of pattern is forming in the shares of Yes Bank on the technical chart, which is called the Rounding Bottom Pattern.
He said, “Sometimes it takes a few years for this pattern to form. But, when this rounding bottom pattern is confirmed, then multi-bagger returns are seen in the stock.”
Looking at this pattern, he said that investing in Yes Bank in the long term can prove beneficial. This investment period should be at least 5 years.
At What Level And Buying Advice?
He said that once after the breakout the stock had managed to reach ₹29. This stock will see a huge rise after crossing ₹29 per share.
After this, this stock can reach ₹ 50 per share. However, this can require a lot of time.
He said that if you want to buy this share then you can add around ₹ 20 per share.
About Yes Bank Limited
YES Bank Limited (Yes Bank) offers commercial banking services and products. It is a bank located in Mumbai, India. It was established in 2004.
It provides corporate and commercial branches and banking for its customers.
The firm is involved in both institutional and corporate banking and financial markets, investment banking corporate finance, transaction and business branches, banking, and wealth management.
The bank provides customers in the retail sector, NRI, MSMEs, commercial, institutional, corporate, and high-net-worth clients throughout India. It also has a representative office situated in Abu Dhabi.
Fundamental Analysis of Yes Bank Limited
| Market Cap | ₹ 62,739 Cr. |
| Current Price | ₹ 21.50 |
| 52-wk High | ₹ 32.8 |
| 52-wk Low | ₹ 14.1 |
| Stock P/E | 61.3 |
| Book Value | ₹ 13.8 |
| Dividend | 0.00 % |
| ROCE | 4.94 % |
| ROE | 1.99 % |
| Face Value | ₹ 2.00 |
| P/B Value | 1.59 |
| OPM | 56.6 % |
| EPS | ₹ 0.36 |
| Debt | ₹ 2,95,136 Cr. |
| Debt to Equity | 7.42 |
Yes Bank Limited Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 26 | ₹ 50 |
| 2025 | ₹ 52 | ₹ 68 |
| 2026 | ₹ 72 | ₹ 102 |
| 2027 | ₹ 150 | ₹ 194 |
| 2028 | ₹ 205 | ₹ 261 |
| 2029 | ₹ 285 | ₹ 340 |
| 2030 | ₹ 410 | ₹ 506 |
Yes Bank Limited Shareholding Pattern
| FII Holding | |
| Dec 2022 | 23.24% |
| Mar 2023 | 23.10% |
| June 2023 | 23.79% |
| Sept 2023 | 23.39% |
| Dec 2023 | 23.79% |
| DII Holding | |
| Dec 2022 | 38.19% |
| Mar 2023 | 37.77% |
| June 2023 | 37.72% |
| Sept 2023 | 40.68% |
| Dec 2023 | 41.98% |
| Govt. Holding | |
| Dec 2022 | 0.01% |
| Mar 2023 | 0.01% |
| June 2023 | 0.01% |
| Sept 2023 | 0.01% |
| Dec 2023 | 0.01% |
| Public Holding | |
| Dec 2022 | 38.54% |
| Mar 2023 | 39.10% |
| June 2023 | 38.47% |
| Sept 2023 | 35.90% |
| Dec 2023 | 34.21% |
Yes Bank Limited Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 29,624 Cr |
| 2020 | ₹ 26,052 Cr |
| 2021 | ₹ 20,039 Cr |
| 2022 | ₹ 19,019 Cr |
| 2023 | ₹ 26,366 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 1,709 Cr |
| 2020 | ₹ -16,433 Cr |
| 2021 | ₹ -3,489 Cr |
| 2022 | ₹ 1,064 Cr |
| 2023 | ₹ 1,024 Cr |
Last 10 Years’ Profit Growth:
| 10 Years: | -6% |
| 5 Years: | -30% |
| 3 Years: | 27% |
| Current Year: | 14% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | -1% |
| 5 Years: | -11% |
| 3 Years: | -2% |
| Last Year: | 2% |
Sales Growth Over 10 Years:
| 10 Years: | 11% |
| 5 Years: | 2% |
| 3 Years: | -4% |
| Current Year: | 23% |
Conclusion
This article is a complete guide about Yes Bank Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
