Yes Bank share price zoom up by 3.46% on NSE and 3.17% on BSE and Yes Bank shares closed at ₹25.45 today. Meanwhile, other stock market indexes also showed strong growth, with Nifty Bank gaining 0.17% due to positive clues. Yes Bank's share price has been gradually increasing since mid of the March, and it has gone up by more than 16% since then.
In Financial year of March 2023, Yes Bank has shown various key matrices. Interest income which has generated from bank activities are as amounted ₹6218.45, on the other hand total interest expenses was ₹4117.12. which results in net income of amount ₹2101.33. Now net interest income after loan loss provision stands at ₹1483.82 after accounting for loan loss provision of ₹617.51.
Share price target for 2024 can be predicted in the range of ₹30 - 40₹, for 2025 could be predicted in between the range of ₹45 – ₹50, and for 2030 could be predicted in between the range of ₹70 – ₹85. This target price is just predictions because market fluctuate every day. If the market remains bullish, then this target price can go up.
According to Yes Bank shares financial history of last 5 years total revenue has grown at a yearly rate of 0.97% as compared to industry avg revenue growth of 12.11%. Its total shares have downgrade to 3.41% as compared to 5.71% and if we talk about its net income growth which has grown at a yearly rate of -29.53% as compared to industry avg net income growth of 24.56%.
Yes Bank is a private sector bank founded in 2004 which is mainly provide banking services related to investment banking, wealth management, branch banking, Merchant banking & Brokerage businesses through YES SECURITIES and corporate finance etc. Banking services mainly included corporate as well as institutional banking services. Yes Bank’s headquarter is in Mumbai, Representative Office in Abu Dhabi.
The information provided is for informational purposes only and does not represent financial advice or guidance. Investing in the stock market involves essential risks, and individuals should conduct thorough research or seek professional guidance before making any investment decisions.