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.
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.
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.