- Yes bank: Yes Bank’s quarterly results will be announced tomorrow. Ahead of the quarter results, Yes Bank shares have seen a decline of 3 percent today.
Yes Bank shares saw a decline of 3 percent on Friday.
Yes Bank Limited: The quarterly results of the famous private sector bank Yes Bank Share are going to be announced. The company will release the June quarter results tomorrow i.e. on June 20, 2024. Experts’ opinion regarding the company’s quarterly results is quite mixed. However, before the quarterly results, Yes Bank shares have seen a decline.
Shares fell by 3 percent
The company’s shares opened at Rs 25.70 on BSE on Friday. But with a fall of more than 3 percent it reached the level of Rs 24.95. Let us tell you, on Thursday the shares of the company had closed at the level of Rs 25.76.
Quarterly results may remain strong on annual basis
According to experts, the results for Yes Bank on annual basis may be good. But the situation may weaken on a quarterly basis. Company funds may be affected due to increasing expenses. According to Business Today report, investors will keep an eye on loan back growth.
Experts are saying – sell shares (Yes Bank target price)
According to the report of Kotak Institutional Equity, an increase of 7.1 percent may be seen in the net interest income. Net profit may increase by 31.9 percent to Rs 451.90 crore. Let us tell you, according to the report, brokerage firm Anand Rathi has advised position holders of Yes Bank to sell. The brokerage firm has set a target price of Rs 24.
Yes Bank’s 52 week high is Rs 32.81. And 52 week low level is Rs 14.10. The market cap of the bank is Rs 78,683.85 crore.
