should we buy yes bank share ?
Yes bank stock predictions and analysis below.
Company info –
Yes Bank Limited is an Indian private sector bank headquartered in Mumbai, India and was founded by Rana Kapoor and Ashok kapur in 2004. It offers wide range of banking and financial products for corporate and retail customers through retail banking and asset management services.
Company presence –
yes bank is a private indian bank with 17+ years presence. In the starting years yes bank was a good performing and great private category bank to invest in.
but after 2018 bony kapur scandle, many people have lost the interest from yes bank.
Yes bank currently has a market cap of 41,000 crores with worth 19,000 crore+ reserves.
Should we invest ?
Yes bank has improved a lot in an year after their big fall of 2018.
The profit of yes bank has increased from -18000 crores to 148 crores which is huge.
EPS is increasing and their market images is heading positive.
check out company fundamentals here
*Points to remember*
- Company is still struggling a lot to fill up the debt which is more than their market cap.
- Investing in yes bank now will be a good option, but good for the people with long term view probably more than 5 years.
- Foreign investors are taking interest in yes bank which is a good sign.
Our Thoughts –
We will definitely recommend to invest some amount (considering the risk) and hold yes bank stocks for long term. Considering our prediction 60% chances are there which can make your todays investment nearly 3 to 5 times in the next 4 to 5 years.
Note – Make sure to do your analysis before investing, don’t trade on tips, don’t follow anyone blindly.
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