Why Yes Bank shares are increasing?

Why share price of Yes Bank is increasing?

YES Bank share price zoomed over 10 percent intraday after the lender said it would consider fundraising via debt on June 10. Share of YES Bank climbed up to 10.63% at Rs 15.19 against previous close of Rs 13.73 on BSE. … Later, the stock closed 9.76% higher at Rs 15.07.

Will Yes Bank shares rise?

Depending upon the improvement in earnings and interest among investors, there is no doubt that Yes Bank stock has a potential to rise from here. But that potential is not high, atleast for the near term!

Can we invest in Yes Bank?

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. It believes the stock could slide to levels of as low as Rs 10, from the current levels of Rs 13, which means a fall of 24.8%, which can be huge.

Can we sell Yes Bank shares now?

As per this, 75% of all shares that you hold will be locked for 3 years and can’t be sold. This won’t be applicable for investors holding less than a hundred (100) shares. … 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.

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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 share is best to buy now?

Stocks to Buy Today: Best Shares to Buy in India

Name LTP High
Hindalco Inds. 473.65 491
Divis Lab. 5,071.30 5,131
Grasim Inds 1,598.80 1,617
Power Grid Corpn 187.70 190

Is there any chance of revival of Yes Bank?

Yes Bank’s share price has nearly halved in the past one year, but analysts don’t recommend investors to ‘buy. ‘ Even at ₹13.55 per share, there’s a chance that the stock is overvalued.

Bank Change in share price from 6 March 2020 to 6 May 2021
Yes Bank -16.1%
ICICI Bank 25.1%
HDFC Bank 23.4%
Axis Bank 8.8%

Is Yes Bank safe for FD?

Safety of Yes Bank Deposits : Yes Bank deposits are covered under the Deposit Insurance Scheme of RBI in which up to ₹ 5 lakh of all deposits of a depositor are insured by DICGC. Loan against FD : Yes Bank provides loan against FD to help its depositor meet their liquidity requirements without breaking the FD.

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
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Is it good to hold Yes Bank share?

The technical analyst recommends that the existing investors in the Yes Bank stocks must Hold on to it with a stop loss of Rs 10. The stock should be held till levels around Rs 12 and investors could consider exiting this stock then. He expects a bounce to levels around Rs 12-12.50. … This level was at Rs 11.10.