Why is YES Bank share going down?

Why is YES Bank share going down today?

Losses rose on deterioration of asset quality faced due to the COVID-19 pandemic which forced the bank to set aside money for potential loan losses. Share of YES Bank lost 13.40% to Rs 12.60 against previous close of Rs 14.55 on BSE. Market cap of the lender fell to Rs 34,826 crore.

Is yes bank share worth buying?

Emkay Global has a sell rating on the stock of Yes Bank. In fact, the firm sees a solid 25% downside risk on the stock of Yes Bank. … In any case, the markets are at near peak levels and given that the shares of Yes Bank are highly volatile, only brave investors could be buying.

Can I sell 1000 shares of Yes Bank?

If you hold more than 100 shares of Yes Bank, you are locked in for 3 years. You will not be able to sell it. Kite will start showing only 25% of shares you held on 13th March, the shares you can sell. The total quantity including the locked shares will be shown on Console.

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Will Yes Bank survive 2021?

Yes Bank on Tuesday revised its growth estimate for India for the financial year 2021-22 to 8.5 per cent. Its previous projection was 10.5 per cent. “While all indications pointed to a stable recovery process before the 2nd wave struck, this is now likely to be pushed back to an extent.

Which is best shares to buy?

Stocks to Buy Today: Best Shares to Buy in India

Name LTP High
Britannia Inds. 3,883.30 3,929
UltraTech Cem. 7,335.75 7,405
Tata Consumer 818.75 829
HDFC Life Insur. 722.10 731

What will be the share price of Yes Bank tomorrow?

Yes Bank Limited YESBANK share price target tomorrow IntraDay

First down price target 13 13.2
Third down price target 12.87 13.37
Fourth down price target 12.85 13.45
Fifth down price target 12.68 13.68
Sixth down price target 12.55 13.75

Will Yesbank bounce back?

The impact of the Covid second wave has already been factored into the Q1 results and we are seeing a lot of improvement on the ground in the overall economic scenario. The collection efficiency which came down to almost 86-87% during April and May has again bounce back and is again 93-94%.

Does Yes Bank have any future?

With current financial position, if the Yes Bank is able to trade and sustain around Rs 20/25 range in the near future, then it will be a milestone for the stock.

Does Yes Bank pay dividends?

The company has a good dividend track report and has consistently declared dividends for the last 5 years.

Yes Bank Ltd.

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Announcement Date 27-04-2016
Ex-Date 30-05-2016
Dividend (%) 100
Dividend (Rs) 10.00
Remarks Rs.10.0000 per share(100%)Final Dividend

Is there any lock in period in Yes Bank FPO?

There’s no lock-in period for Yes Bank’s Rs 15,000-crore follow-on Public Offering (FPO), says Prashant Kumar, MD & CEO, Yes Bank.

What is target price of Yes Bank in 2021?

with a target price of Rs 10. The current market price of YES Bank Ltd. is Rs 13.13.