Bank Stock: Yes Bank Share rise by 4 percent BANK NEWS


Bank Stock: Yes Bank Share rise by 4 percent


New Delhi: YES Bank share was trading 4.4% higher in Wednesday's session, ranking among the most active banking scrips in terms of volumes on BSE and NSE today.

The stock of the private lender opened at Rs 15.75 as against its previous close of Rs 15.65 and touched the day's high of Rs 16.35, rising 4.4% intraday. The stock also hit an intraday low of Rs 15.70. The share has risen 2.88% in the last 2 days.

YES Bank stock trades higher than 5 and 100-day moving averages but lower than 20, 50 and 200-day moving averages.

The share has risen 1% in one week. However, it has fallen 6% in a month. Year-to-date, the stock is down 10%. Share of the private lender has fallen 54% in one year.

Market capitalisation of the lender rose to Rs 0.40 lakh crore. The stock has touched a 52-week high of Rs 87.95 and a 52-week low of Rs 5.55. 

In terms of brokerage views, Emkay Research gave a 'Sell' rating to the stock and set a target price of Rs 11 for the share, given sub-par return ratios and unfavourable risk-reward with higher valuations.

Posted Date :  24-02-21

Categories : BANK NEWS

Tag Cloud: BANK NEWS

Similar news

ICICI to hire more bankers to push investment banking

New Delhi: India’s second-largest private lender ICICI Bank Ltd. is making its biggest hiring push in investment banking and institutional equities in four years, as it anticipates a rise in companies going public. The Mumbai-based firm plans to add five mid-to-senior level hires in each
Posted Date :  20-04-21

Read more

SBI puts NPA Account MSP Metallics Ltd for sale

New Delhi: SBI has put up for sale non-performing asset (NPA) account MSP Metallics Ltd against which a total of 10 banks have a collective loan outstanding of over Rs 1,493 crore. State Bank of India (SBI) has the highest share of lending (37.19 percent) to MSP Metallics amounting to Rs 555.51 cror
Posted Date :  17-04-21

Read more

RBI set up Regulations Review Authority 2.0

New Delhi: The Reserve Bank of India had set up a Regulations Review Authority (RRA) initially for a period of one year from April 1, 1999, for reviewing the regulations, circulars, reporting systems, based on the feedback from the public, banks, and financial institutions. The recommendations of th
Posted Date :  15-04-21

Read more

4.04 crores stolen from Axis Bank, Chandigarh branch

New Delhi: A security guard working at Axis Bank branch in Sector 34A of Chandigarh allegedly ran away with Rs 4.04 crores in cash, the police said on Sunday.   "The bank has informed at about 5.30 pm that cash Rs 4.04 crores are missing from the branch and they have full doubt
Posted Date :  13-04-21

Read more

RTGS service will not be available on April 18

New Delhi: Reserve Bank of India on 12 April issues a notice to mention that due to a technical upgrade of RTGS, the services related to it will be closed on April 18, 2021.   The up-gradation is targeted to enhance the resilience and to further improve the Disaster Recovery Time of the R
Posted Date :  12-04-21

Read more

RBI governor meets with MD & CEOs of Public Sector Banks

New Delhi: Shri ShaktiKanta Das, Governor of Reserve Bank of India (RBI) held meetings with the MD/CEOs of Public Sector Banks and select Private Sector Banks on April 12, 2021, through video conference. The meetings were attended by Deputy Governors Shri M. K. Jain, Shri M. Rajeswar Rao,
Posted Date :  12-04-21

Read more