Shares of YES Bank settled at Rs 24.96 on Friday, falling about 1.89 per cent, with a total market capitalization of the lender stood at more than Rs 71,800 crore.
Shares of YES Bank dropped about 3.5 per cent at the opening tick to Rs 24.55 on Friday, but the stock staged a swift rebound of 5.17 per cent to Rs 25.82.
YES Bank shares fell 3.47 per cent to settle at Rs 26.17 on BSE. The stock market is closed on Wednesday on account of Maharashtra Day. ICICI Securities target suggests 24 per cent potential downside for the stock.
YES Bank stock rating: JM downgraded YES Bank’s rating even the private bank saw improved asset quality in Q4, supported by higher recoveries, steady margins and strong growth.
YES Bank shares jumped 8.98 per cent to hit a high of Rs 28.50 on BSE. Kotak said the stock would need a far lower valuation multiple to change its view.