We all know what happened in the Yes Bank a few years ago. As a result, Yes Bank crashed and its all-time high was Rs. 404 currently, it is trading at Rs. 16.5. In short, we can say it is down by 96 – 97%. The investors who invested at a higher price and still held the stock. In this article, we will share Yes Bank share price target 2024.
The Yes Bank gave very high amounts of loans to many businesses or people to get high interest on that loans. Due to some rules by RBI, they caught as a result we saw a major crash in Yes Bank’s stock. Now, you can see it is down by more than 96%.
The people who bought the Yes Bank shares at a very high price and didn’t sell it during the crash are at a very huge loss. At this time, still a lot of people buying the stock in the hope to get a very high return in the upcoming years.
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About Yes Bank
The Yes Bank is a private-sector bank that was funded by Rana Kapoor and Ashok Kapoor in 2004. Yes Bank was a good bank in terms of services as you can see in the chart before September 2018. Before the problems in the bank, it was doing great until the real major issue was found in it.
A third-party company is hired for loan recovery from the businesses that have taken the loan from Yes Bank. The loan recovery will take a lot of time and it is also hard to give an expected time. So, keep checking the news about this stock for new updates.
So, let’s focus on the current time and events happening in the Yes Bank.
Company Fundamentals
As you know, by checking a company’s fundamental information we can take good decisions for investments purpose. While investing, from the fundamental information you can understand whether this company is good for investing or not.
You can not get a higher return just by checking a company’s fundaments information or choosing a company which strong fundamentals. There are a lot of factors you need to remember for higher returns i.e. investing rules, risk management, technical analysis, phycology, and much more.
Note: Please cross-check the below-shared information from your broker website or any other trusted website. Please let us know if any information is wrong.
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 Rating: 9.8/10 |  Rating: 9.1/10 |
 Rating: 8.5/10 |  Rating: 8.6/10 |
Profit and Loss Account (Standalone)
The Below table shows the Total Income. You can check the complete finances of the company on MoneyControl’s website.
| Year | Revenues (In Crores) |
|---|---|
| March 2019 | 34,214.90 |
| March 2020 | 37,923.10 |
| March 2021 | 23,382.56 |
| March 2022 | 22,285.98 |
| March 2023 | 26,624.08 |
Company Essentials
| Title | Value |
|---|---|
| MARKET CAP | Rs. 48,741.21 Cr |
| CASA % | 30.76 |
| NO. OF SHARES | 2,875.59 Cr. |
| P/E | 65.04 |
| P/B | 1.21 |
| FACE VALUE | Rs. 2 |
| DIV. YIELD | 0 % |
| BOOK VALUE (TTM) | Rs. 13.98 |
| Net INTEREST INCOME | Rs. 7,917.57 Cr. |
| COST OF INCOME % | 70.13 |
| EPS (TTM) | Rs. 0.26 |
| CAR % | 17.9 |
| ROE | 1.95 % |
| ROCE | 5.03 % |
| PROFIT GROWTH | -32.71 % |
Shareholding Pattern
| Held By | Holding % |
|---|---|
| FII | 23.79% |
| DII | 37.73% |
| Public | 38.48% |
| Promoters | 0.0% |
| Other Holders | 0.0% |
Thumb Rules of Investing
A lot of experts have given some rules to follow while investing to get a higher return and avoid huge losses. These are the common rules for almost all sectors and almost every experienced investor applies these rules while investing in the stock market.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case, you invested all the money in one sector, if the sector faces any issue then you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh the invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector will face problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, as a result, they did not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
Yes Bank Share Price Target
Hope you know that at this time Yes Bank is a penny stock. Investing in penny stocks means taking very high risks with your money/investments. Mostly new investors major problem, they invest in penny stocks and expect a high return. They should know that most penny stocks fail.
Accourding to the many experienced analysis, the stock has huge potential to give high returns but everything should go well. So, if you really want to invest, invest a very small amount of money you can afford to lose very easily.
Yes Bank All Time High was Rs. 404 and 52 weeks high is Rs. 24.75 and 52 weeks low is 12.55. Currently, the stock is trading at Rs. 16.40. We have different sections for different years for Yes Bank Share Price Target.
Note: We are not SEBI registered and we do not take any responsibility for any loss or profit. We are sharing this post only and only for educational purposes. We strongly suggest you do your own analysis (fundamental and technical) before investing in any stocks.
Yes Bank Share Price Target 2023
It is the start of July 2023, At this time, Yes Bank currently trading at around Rs. 16.40. If you check the stock’s chart you’ll see there are major multiple resistance, and Yes Bank try to break it.
Once the major resistance is broken with good volume, we can expect a good upside move in the upcoming months. If you know technical analysis you can understand that the stock is currently consolidating at the same level.
There is a major resistance at a level of Rs. 17.20, once the stock brakes the major resistance with good volume and gives closing above the resistance, we may see a good upside move. Check the below screenshot for the resistance level.
In short, a lot of analytics are expecting Yes Bank’s stock price target should be approx Rs. 20 – 25. Do your own analysis before taking any take and have a strict Stoploss.
Yes Bank Target Price 2025
It is a penny stock, Hopes you know in penny stocks the volatility is very high and in this volatility, most retail investors lose their money. From fundamental information, you can see it is improving slowly – slowly. With the improvement, you can see a jump in price.
In the chart, you can see In June 2020 there was another major fall, and still, the stock is trading below the level. So, it is hard to give any target price for it because there are no strong levels. Minor levels in penny stock are not good (personally for me).
But once the stock gives a closing above rs. 25 with high volume. We can expect 30 – 35 by 2025. Keep your eye on the news for the latest updates and plan your targets according to news and technical analysis.
Note: You can bookmark the page, we update the page from time to time so, you can see new levels (price target) and updated information.
FAQs
In this stock, there is multiple major resistance and Yes Bank rejected from the levels multiple times. Yes Bank is doing good so you can expect a target of Rs. 30 – 35 by 2025.
Again there is a major level at Rs. 17.20. Once it closes a candle with strong volume. We can expect a target of Rs. 20 – 25 in 2023.
Yes, Yes Bank shares will go up because the bank is doing good. Hope no major problem comes in the future. 😉
Final Words: Yes Bank is a penny stock so, plan your investments accordingly. In this post, we mentioned Yes Bank share price target for 2023 and 2025. Do your own research before buying or investing, this post is only for educational purposes. We will be not responsible for any loss or profit. We update the page from time to time so, keep visiting the page for updated information about the Yes Bank stock.