YES Bank share price: The stock fell 4.05 per cent to hit a day low of Rs 23.95 on BSE. At this price, the private lender's counter has slipped 11.66 per cent in four trading days.
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.
YES Bank s Q4 FY24 Highlights: Net profit soared by 123% Y-o-Y to ₹452 crore, surpassing expectations. NIM held steady at 2.4%, with strong growth in non-interest income and robust improvements in asset quality.