Yes Bank Share (NSE: YESBANK) Price: There was a rise in the shares of Yes Bank on Friday.
The company’s shares opened at Rs 29.16 with a rise of more than 0.50% on BSE. Today’s intra-day high of the company in BSE was Rs 29.71 with a rise of 2.41 percent. Share closed at Rs 28.40 today.
Let us tell you, global investors firm The Carline Group has sold 39 crore Yes Bank shares.
Today, however, the impact of this announcement hasn’t been observed in the stock market. Retail investors are keeping their faith in Yes Bank.
The Sale Took Place Via Open Market
Carlyle Group on Thursday sold 1.3 percent of the stake in the private sector bank Yes Bank for Rs 1,057 crore in unofficial market transactions.
It is reported that the US company sold shares worth 39 crore of the private sector lender Yes Bank on BSE through its affiliate CA Basque Investments.
According to the transaction data accessible on BSE, CA Basque Investments sold 39 crore shares, equivalent to 1.35 percent of shares in Yes Bank.
This Investor Expressed Confidence
Each share was sold for Rs 27.10, taking the deal value to Rs 1,056.90 crore. After this deal, Carlyle Group’s stake in Yes Bank was reduced from 6.43 percent to 5.08 percent.
In the meantime, Morgan Stanley Asia Singapore PTE has bought more than 30.63 crore shares of Yes Bank, equivalent to 1.06 percent stake.
Yes Bank Investors Exit
The last one month has been great for Yes Bank investors. During this period, positional investors of the bank have gained more than 14 percent.
At the same time, investors holding for 6 months have made a profit of more than 74 percent so far.
In the stock market, the 52-week high of Yes Bank is Rs 32.85 per share and 52-week low level is Rs 14.10 per share. Market capitalization for the company amounts to 84,506.67 crore.
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 | ₹ 81,660 Cr. |
| Current Price | ₹ 28.40 |
| 52-wk High | ₹ 32.8 |
| 52-wk Low | ₹ 14.1 |
| Stock P/E | 79.8 |
| Book Value | ₹ 13.8 |
| Dividend | 0.00 % |
| ROCE | 4.94 % |
| ROE | 1.99 % |
| Face Value | ₹ 2.00 |
| P/B Value | 2.05 |
| OPM | 56.6 % |
| EPS | ₹ 0.36 |
| Debt | ₹ 2,95,136 Cr. |
| Debt to Equity | 7.42 |
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 26 | ₹ 38 |
| 2025 | ₹ 42 | ₹ 68 |
| 2026 | ₹ 72 | ₹ 102 |
| 2027 | ₹ 150 | ₹ 194 |
| 2028 | ₹ 205 | ₹ 261 |
| 2029 | ₹ 285 | ₹ 340 |
| 2030 | ₹ 410 | ₹ 506 |
| 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% |
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 Limited 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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