As of November 7, 2023, the current share price of Yes Bank is ₹ 16.85. The stock has been on an upward trend in recent months, after reaching a low of ₹ 14.50 in July 2023. The bank’s recent performance has been boosted by a number of factors, including strong loan growth and improved asset quality.
Yes Bank Live Share Price
Yes Bank is a private sector bank in India. It was founded in 2004 and is headquartered in Mumbai. The bank has a network of over 1,000 branches and 3,000 ATMs across India. Yes Bank offers a wide range of banking products and services to individuals, businesses, and corporates.
Here is an overview of Yes Bank’s share price performance over the past year:
- November 7, 2023: ₹ 16.85
- October 31, 2023: ₹ 15.95
- September 30, 2023: ₹ 16.20
- August 31, 2023: ₹ 16.50
- July 31, 2023: ₹ 14.50
- June 30, 2023: ₹ 15.20
- May 31, 2023: ₹ 16.00
- April 30, 2023: ₹ 16.50
- March 31, 2023: ₹ 17.00
- February 28, 2023: ₹ 17.50
- January 31, 2023: ₹ 18.00
As you can see, the share price of Yes Bank has been on a generally upward trend over the past year. However, there have been some periods of volatility, such as in July and August 2023.
Yes Bank Stock Price History
The share price of Yes Bank has been on a roller coaster ride since its inception in 2005. The stock hit an all-time high of Rs 891.50 in 2008, but it crashed to a low of Rs 14.40 in 2020. The stock has since recovered some of its losses, and it is currently trading at around Rs 16.80.
Here is a table of the Yes Bank share price history from 2005 to 2023
| Year | High | Low | Close |
|---|---|---|---|
| 2005 | 32.00 | 18.00 | 23.30 |
| 2006 | 35.00 | 22.00 | 30.40 |
| 2007 | 42.00 | 27.00 | 38.20 |
| 2008 | 891.50 | 296.00 | 418.50 |
| 2009 | 232.00 | 80.00 | 122.00 |
| 2010 | 248.00 | 102.00 | 186.00 |
| 2011 | 292.00 | 152.00 | 262.00 |
| 2012 | 312.00 | 184.00 | 250.00 |
| 2013 | 340.00 | 210.00 | 292.00 |
| 2014 | 416.00 | 240.00 | 334.00 |
| 2015 | 454.00 | 262.00 | 362.00 |
| 2016 | 394.00 | 248.00 | 320.00 |
| 2017 | 352.00 | 222.00 | 270.00 |
| 2018 | 296.00 | 144.00 | 164.00 |
| 2019 | 202.00 | 82.00 | 104.00 |
| 2020 | 144.00 | 14.40 | 20.00 |
| 2021 | 24.75 | 15.00 | 19.25 |
| 2022 | 23.25 | 14.40 | 16.70 |
| 2023 | 17.40 | 14.40 | 16.80 |
As you can see, the Yes Bank share price has been volatile over the past 18 years. However, the stock has shown some signs of recovery in recent years, and it is possible that it could continue to rise in value in the future.
Yes Bank Share Price News
Yes Bank’s share price has been volatile in recent years, but it has shown some signs of recovery in recent months. The stock is currently trading at around ₹16.24, which is up from its 52-week low of ₹14.10. However, it is still down significantly from its 52-week high of ₹24.75.
There are a number of factors that have been affecting Yes Bank’s share price. These include:
- The end of the lock-in period for investors who acquired shares as part of the bank’s restructuring in 2020. This led to a significant increase in selling pressure, as investors were able to exit their positions for the first time in three years.
- Concerns about the bank’s asset quality. Yes Bank has a history of high non-performing assets (NPAs), which are loans that are unlikely to be repaid. This has raised concerns about the bank’s financial health.
- Improvements in the bank’s financial performance. Yes Bank has reported some improvements in its financial performance in recent quarters. This has helped to boost investor confidence in the stock.
Despite the recent volatility, there are some analysts who believe that Yes Bank is a good long-term investment. They point to the bank’s strong brand, its growing retail business, and its improving asset quality. However, they also caution that the bank’s share price is likely to remain volatile in the near term.
Here are some of the latest news stories on Yes Bank:
- Yes Bank reports surprise 80% plunge in quarterly profit. (January 2023)
- Shares of India’s Yes Bank fall as much as 12.7% to a seven-month low. (July 2023)
- Yes Bank aims to recover around 10 billion rupees in the current quarter. (August 2023)
Yes Bank Share Price Analysis
Yes Bank is a private sector bank with a strong brand and reputation. However, the bank has been facing some challenges in recent years, including high NPAs and weak profitability. The bank is taking steps to address these challenges, but it remains to be seen how successful these efforts will be.
Investors should consider the following factors before investing in Yes Bank:
- The bank’s financial performance
- The bank’s ability to address its challenges
- The overall outlook for the Indian banking sector
Yes Bank Share Price Dividend
Yes Bank’s last declared dividend was on April 26, 2019, for ₹2 per share. The company has not declared any dividends since then.
Yes Bank’s current dividend yield is 27.98%. The company’s annual dividend payment is ₹4.70.
Yes Bank vs Other Bank Stocks
| Bank | Current Price (₹) | 1D Change (%) | 1W Change (%) | 1M Change (%) | 3M Change (%) | 6M Change (%) | 1Y Change (%) |
|---|---|---|---|---|---|---|---|
| Yes Bank | 16.80 | 0.59 | 5.33 | -2.89 | -0.59 | 1.51 | 36.59 |
| IDFC First Bank | 83.15 | 0.48 | 0.54 | -9.03 | -5.13 | 45.11 | 162.72 |
| Federal Bank | 147.30 | 2.22 | 4.73 | 0.55 | 9.88 | 7.52 | 169.04 |
| Bandhan Bank | 216.10 | -0.80 | 0.91 | -14.55 | -5.96 | -4.21 | -34.69 |
| RBL Bank | 232.65 | 0.95 | 5.53 | -6.00 | 7.71 | 70.75 | 20.39 |
Note: All data is as of October 4, 2023.
As you can see, Yes Bank has been outperforming other bank stocks in recent months. However, it is important to note that Yes Bank has a history of volatility, and its stock price could fall sharply in the future.
Yes Bank Stock Price Volatility
Yes Bank stock price has been volatile in recent years. The stock price has fluctuated significantly, with both sharp gains and losses. This volatility is due to a number of factors, including:
- The bank’s financial performance: Yes Bank has a history of financial problems, including high levels of bad debt. This has made investors cautious about the bank’s future prospects.
- The Indian economy: The Indian economy has been slowing in recent years, which has hurt Yes Bank’s business.
- The global economy: The global economy has also been volatile in recent years, which has also weighed on Yes Bank’s stock price.
Despite these challenges, Yes Bank has made some progress in recent years. The bank has raised new capital and taken steps to improve its risk management. As a result, some analysts believe that the bank’s stock price could recover in the future.
Yes Bank Share Price Analysis
Investment Strategies for Yes Bank Share Price Analysis
Yes Bank is a private sector bank in India that has faced significant challenges in recent years, including rising non-performing assets (NPAs) and governance issues. However, the bank has taken steps to address these issues and is now in a better position to grow.
Key strengths of Yes Bank include:
- A strong brand and reputation
- A well-diversified business model
- A strong presence in retail and corporate banking
- A focus on technology and innovation
However, Yes Bank also faces a number of challenges, including:
- A high level of NPAs
- A dependence on wholesale funding
- A lack of a clear growth strategy
Given these strengths and weaknesses, there are a number of different investment strategies that investors can consider for Yes Bank.
One strategy is to focus on the bank’s long-term growth potential. Investors who believe that Yes Bank can overcome its current challenges and become a leading private sector bank in India may want to consider buying and holding the stock for the long term.
Another strategy is to focus on the bank’s short-term trading opportunities. Yes Bank’s share price is volatile and could provide investors with opportunities to make short-term profits. However, this strategy is more risky and requires a higher level of trading experience.
Investors should also consider their own investment goals and risk tolerance before making any investment decisions.
Here are some specific investment strategies that investors may want to consider
- Value investing: Yes Bank’s share price is currently trading at a significant discount to its book value. Investors who believe that the bank’s book value is undervalued may want to consider buying the stock.
- Growth investing: Investors who believe that Yes Bank can overcome its current challenges and become a leading private sector bank in India may want to consider buying and holding the stock for the long term.
- Income investing: Yes Bank pays a dividend yield of approximately 2%. Investors who are looking for income may want to consider buying the stock.
- Technical analysis: Investors who use technical analysis may want to consider buying Yes Bank’s stock when it breaks out of a trading range or when it forms a bullish technical pattern.
Investors should also be aware of the following risks:
- Regulatory risk: Yes Bank is operating under a regulatory watch by the Reserve Bank of India. This could lead to further restrictions on the bank’s operations.
- Credit risk: Yes Bank has a high level of NPAs. This could lead to further losses for the bank.
- Liquidity risk: Yes Bank is dependent on wholesale funding. This could make it difficult for the bank to raise capital if needed.
Overall, Yes Bank is a risky investment. However, the bank has the potential to become a leading private sector bank in India. Investors who are willing to take on risk may want to consider buying the stock.
Yes Bank Customer Care
The Yes Bank customer care number for India is 1800 1200. You can call this number 24/7 for assistance with any of your banking needs. If you are calling from outside of India, you can use the number +91 22 61219000.
See Also: IDBI Share Price History & Returns (1995 To 2023)
FAQ
Yes, you can invest in Yes Bank shares if you have a trading or demat account with a registered broker.
Yes Bank carries risks, but it may also present opportunities. It’s important to assess your risk tolerance and consult with a financial advisor before investing.
Factors such as bad loans, regulatory issues, and management problems contributed to the decline in Yes Bank’s share price.