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There Is A Fear That This Share May Crash; 49% Return In Six Months; Experts Reduced The Target Price

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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.

The confidence of brokerage companies in Yes Bank shares has been changing. In this scenario when Yes Bank share was expected to appreciate in the coming months, brokerage firms have cut the price target for Yes Bank shares. 

Why can’t investors be confident in the stock of this bank even with a good business report during the quarter of March 2024?

What Are The Best Options For Investors To Invest In Yes Bank Shares?

On the 5th of April, Yes Bank shares was trading at 25.20 which was risen by 1.20 percent. 

A firm that deals in brokerage has kept an underweight trend for Yes Bank shares. In addition, the price target has been set at Rs 17.

However, there is an expectation that the shares could fall to 17.

Yes Bank Shares Shined In The Past 6 Months

There has been an impressive growth of Yes Bank shares in the recent six months. The shares have earned a return in the range of 49 percent. 

But another broker firm has also lowered the price they are targeting for Yes Bank shares. 

Brokerage house has given the bank an unfavorable rating and stated that Yes Bank’s return is now better but is still smaller than banks that compete with it.

How Did Yes Bank’s Operations Go During The 4th Quarter 2024?

Yes Bank released its business update for the fourth quarter on the 3rd of April. The growth in loans at Yes Bank has increased by 5 percent during March 2024. 

The bank’s loan advances were 2.28 lakh crore during the March quarter, compared to the same amount during the same period the previous year.

When we examine deposits, we see an increase of 10% on a quarter-to-quarter basis, and 22.5 percent annually. Bank deposits totaled 2.66 lakh crore during March’s quarter.

The increase in CASA (Current as well as Savings Account) of the bank grew to 23 percent on a year-on-year basis to reach Rs 82,315 crore. It was 66,903 crore during the same quarter last year. 

Deposits in bank terms have increased during the 4th quarter. However, the trust of brokerage firms about shares has declined.

About Yes Bank Ltd 

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₹ 71,632 Cr.
Current Price₹ 25.20
52-wk High₹ 32.85
52-wk Low₹ 15.15
Stock P/E71.29
Book Value₹ 13.8
Dividend0.00 %
ROCE4.94 %
ROE1.99 %
Face Value₹ 2.00
P/B Value1.80
OPM56.6 %
EPS₹ 0.36
Debt₹ 2,95,136 Cr.
Debt to Equity7.42

Yes Bank 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 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 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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