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HomeBANKING₹26 Share; 51% Stake Selling News; Tremendous Rise In The Last One...

₹26 Share; 51% Stake Selling News; Tremendous Rise In The Last One Week; Know Details

Yes Bank Ltd (NSE: YESBANK): The stock of Yes Bank Ltd has seen a stormy rise in the last week. The stock has jumped 15 percent in a month. 

In the meantime, the stock has posted the stock a gain of 22 % from the beginning of January through July. The return of the stock in one year is 50 percent. Let us discuss the latest news in detail.

Yes Bank Ltd says that the news of the stake sale has not received any approval. The news of RBI’s approval for the sale of a 51% stake is wrong. 

No in-principle approval has been received from RBI. The news being run by the media is baseless.

In the last week, there was a lot of talk about the share price of Yes Bank Ltd. It was said that SBI may approve the sale of shares in the quarterly board meeting.

This stake sale can be to a Japanese bank. There is speculation of a stake sale for Rs 35-36.

In the business update of Yes Bank Ltd, it was told that deposits have been good in the April-June quarter.

So far this year, the private bank’s shares have gained over 12 percent, outpacing the benchmark Nifty 50 index’s 10 percent growth. Yes Bank Ltd shares hit their 52-week high of Rs 32.8 on February 9, 2024.

Analysts said that although the bank’s balance sheet has strengthened, its proficiency remains burdened by RIDF. They have retained a ‘sell’ rating with a revised target of Rs 20 per share.

Yes Bank Ltd Stock Performance

Current Price₹ 26.0
52-wk High₹ 32.8 
52-wk Low₹ 14.1
5 Days Return8.27%
1 Month Return9.09%

Key Fundamentals Parameters

Market Cap₹ 81,504 Cr.
Stock P/E63.3
Book Value₹ 13.8
Dividend0.00 %
ROCE6.29 %
ROE3.23 %
Face Value₹ 2.00
P/B Value1.87
OPM56.9 %
EPS₹ 0.45
Debt₹ 2,95,136 Cr.
Debt to Equity7.42

Yes Bank Ltd Shareholding Pattern

FII Holding
Mar 202323.79%
Jun 202323.39%
Sep 202323.79%
Dec 202322.01%
Mar 202428.42%
DII Holding
Mar 202337.72%
Jun 202340.68%
Sep 202341.98%
Dec 202341.50%
Mar 202438.09%
Govt. Holding
Mar 20230.01%
Jun 20230.01%
Sep 20230.01%
Dec 20230.01%
Mar 20240.01%
Hot Stocks Alert Join
Public Holding
Mar 202338.47%
Jun 202335.90%
Sep 202334.21%
Dec 202336.47%
Mar 202433.47%

Yes Bank Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 26,052 Cr
2021₹ 20,039 Cr
2022₹ 19,019 Cr
2023₹ 22,702 Cr
2024₹ 27,606 Cr

Last 5 Years’ Net Profit:

2020₹ -16,433 Cr
2021₹ -3,489 Cr
2022₹ 1,064 Cr
2023₹ 736 Cr
2024₹ 1,285 Cr

Conclusion

This article provides a detail guide about Yes Bank Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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If you have additional questions, feel free to leave a comment below. We’ll be more than happy to address all of your questions.

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

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