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HomeSHARE MARKETOn Wednesday This Share Opened At Rs 24.60; This Share Rose After...

On Wednesday This Share Opened At Rs 24.60; This Share Rose After The Good News

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Yes Bank Ltd (NSE: YESBANK): Today, in this post we’ll discuss about Yes Bank latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

Yes Bank’s shares increased on Wednesday. The share opened at Rs 24.60 in the morning. 

The share price then rose to Rs 25,35 and closed at Rs 25.45. The bank has released figures related to the fourth quarter business.

loan growth increased

According to the bank, the loan growth rate in the quarters of January-March was 5 percent compared with the quarters of October-December. 

In the same period, the loan growth increased by 14 percent in terms of year-over-year in the quarter of January-March of 2024 compared to that of 2023.

The bank also stated that every quarter, in the January-March 2024 quarter, compared with the October-December 2023 quarter, deposits grew by 10.1 percent. 

In the same period, the loan growth increased by 22.5 percent in comparison to the January/March quarters of 2023 and 2024.

CASA Ratio also increased

The CASA Ratio also increased, from 29.7 percent to 30.9 percent quarter-to-quarter. 

CASA ratio is used to determine the proportion of current and savings accounts within a bank’s total deposits. 

CASA is subject to a lower interest rate than other deposits. Banks must pay less interest for CASA than other deposits, such as fixed or recurring. 

Banks are not required to pay interest on current accounts, but they must pay 4 percent on savings accounts. 

To reduce costs, banks place more emphasis on CASA’s portion of their deposits.

About Yes Bank Ltd Company 

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 Ltd

Market Cap₹ 73,011 Cr.
Current Price₹ 25.45
52-wk High₹ 32.85
52-wk Low₹ 15.05
Stock P/E72.71
Book Value₹ 13.8
Dividend0.00 %
ROCE4.94 %
ROE1.99 %
Face Value₹ 2.00
P/B Value1.84
OPM56.6 %
EPS₹ 0.36
Debt₹ 2,95,136 Cr.
Debt to Equity7.42

Yes Bank Ltd Shareholding Pattern

FII Holding
Dec 202223.24%
Mar 202323.10%
June 202323.79%
Sept 202323.39%
Dec 202323.79%
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DII Holding
Dec 202238.19%
Mar 202337.77%
June 202337.72%
Sept 202340.68%
Dec 202341.98%
Govt. Holding
Dec 20220.01%
Mar 20230.01%
June 20230.01%
Sept 20230.01%
Dec 20230.01%
Public Holding
Dec 202238.54%
Mar 202339.10%
June 202338.47%
Sept 202335.90%
Dec 202334.21%
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Yes Bank Ltd Share: Last 5 Years’ Financial Condition

To better understand 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%
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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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