Yes Bank Share Price Target 2024 WE Know that Yes Bank is India's 7th largest private sector bank by market capitalization, located in the financial capital of Mumbai. It has been around since 1999 and was founded by Ashok Kumar and Rana Kapoor in 2004. The bank operates in retail, MSME, corporate, and other sectors and has branches in 700 cities across India, with 1192 ATMs and 13021 employees. On March 5, 2020, Yes Bank Ltd was taken over by the Indian banking sector regulator, the Reserve Bank of India (RBI), and sold to a consortium of banks.
The recent events have had a negative impact on Yes Bank's stock price, which has fluctuated between Rs. 15.90 and Rs. 26.25 on the NSE over the last six months. If you are an investor looking to invest in Yes Bank's stock, it is important to consider its financial results. Currently, the stock price is trading at a price-to-earnings (P/E) ratio of 24.30/24.38 for its investors. This article will provide you with a share price forecast for Yes Bank over the next few years, taking into account the various factors that affect the investor's interest. The latest financial results of Yes Bank show that its net profit increased by 47.4% year-on-year in the second quarter of FY24, non-interest income increased by 38.3% and net interest income increased by 3.4%. The Gross Non-Performing Assets (NPA) ratio is 2%.
Yes Bank Latest News
yes bank share price in 2030 is the first to carry out export finance transactions on Receivables Exchange Of India Limited’s Global IFSC Limited’s International Trade Financing services Platform. JC Flowers and Edelweiss ARC are among the few top investors that bid for Rs 4200 crores of Non-Perpetual Loans (NPLs) by Yes Bank, which includes both corporate and retail transactions. Yes Bank Ltd has launched its End-End Digital Supply Chain Finance Platform, ‘SmartFin’, Powered by Veefin solutions. Yes Bank has equipped its Unified Payments Interface (UPI) transactions with Rupay credit cards as of July 30, 2023. Yes Bank has explored the possibility of acquiring microfinance in order to address the issue of priority sector lending (PSL) difficulties. Yes Bank’s net profit has increased to 10% and its total income has increased by 29% in the first quarter of 2023. Founder of Yes Bank, Mr Rana Kapoor was granted bail on December 22, 2023 by a special court following a money laundering case under the PMLA. Mr Kapoor was appointed as Yes Bank’s Chief Strategy & Transformation Officer on September 22, 2023.Yes Bank Share Price Target 2024
Yes Bank Share Price Target (2024)
Month (2024)Maximum Target Minimum TargetJanuaryRs. 19.67Rs. 17.10FebruaryRs. 20.07Rs. 17.45MarchRs. 20.48Rs. 17.81AprilRs. 19.88Rs. 17.29MayRs. 19.59Rs. 17.03JuneRs. 20.29Rs. 17.64JulyRs. 20.09Rs. 17.47AugustRs. 20.89Rs. 18.17SeptemberRs. 21 .73Rs. 18.89OctoberRs. 21 30Rs. 18.52NovemberRs. 21.94Rs. 19.08DecemberRs. 22.49Rs. 19.56
Yes Bank’s share price target in 2024 offers an opportunity for its investors to earn a good return on their investment. Most likely, the stock will be on an upsurge trend in FY 2024. (Expert advice is recommended)Yes Bank Share Price Target 2025
Yes Bank Share Price Target (2025)Month (2025)Maximum Target Minimum TargetJanuaryRs. 22.94Rs. 17.65FebruaryRs. 23.53Rs. 1810MarchRs. 24.45Rs. 18.80AprilRs. 23.97Rs. 18.44MayRs. 23.27Rs. 17.90JuneRs. 24.31Rs. 18.70JulyRs. 23.84Rs. 18.34AugustRs. 24.58Rs. 18.90SeptemberRs. 25.44Rs. 19.57OctoberRs. 26.10Rs. 20.07NovemberRs. 26.75Rs. 20.58DecemberRs. 27.42Rs. 21.09
Various financial results of Yes Bank suggest a good upward trajectory for its share price target in 2025. Its maximum and minimum range in 2025 is expected to be in between Rs 27.42 and 21.09. Yes Bank Share Price Target 2030
Yes Bank Share Price Target (2026 – 2030)
YearMaximum TargetMinimum Target2026Rs. 28.79Rs. 20.152027Rs. 31.67Rs. 22.172028Rs. 44.33Rs. 22.172029Rs. 38.39Rs. 19.192030Rs. 49.90Rs. 34.93
Yes Bank Financials’ (2019-2023)AnnualFY 2019FY2020FY 2021FY 2022FY 2023Revenue (Rs) (Crores)29,624 26,052 20,039 19,019 22,702Interest (Rs. Crores)19,81119,25812,61112,52814,800Expenses (Rs. Crores)4,168.38 5528.75. 5481.748777.857850.00Financing Profit (
Rs. Crores)-2,021-32,452-7.509-1,568-3,143Financing Margin (%)-7%–125%-37%-8%-14%Other Income + (Rs. crores)4,67511,9563,1073,4054,125Depreciation (Rs. Crores)3053423604030Profit before Tax (Rs. Crores)23,49-20,388-4,7621,434981Tax %27%21%27%26%25%Net Profit + (Rs. crores)1,709-16,433-3,4891,064736EPS (Rs.)7.38-13.09-1.390.420.26Dividend Payout %270000
Points to consider before investing in Yes Bank Stock
Please sort through the non performing assets of Yes Bank. Keep an eye on the Yes Bank’s profitability index. If possible, try to get to know the transparency and compliance factors of Yes Bank for its investors. Pay attention to Yes Bank’s rankings and ratings by regulatory authorities like SEBI. Keep a close eye on Yes Bank ltd.’s legal aspects. Pay attention to the steps Yes Bank is taking to make its digital accessibility more accessible for its consumers, like investment options, digital payment solutions, etc. Be aware of the Bank’s recent/potential partnerships and collaborations to enhance their services and expand their reach. Follow the Yes Bank’s share price NSE rates and see how investors and experts react to it. Get a Yes Bank’s report about its consumer acquisition rate and new consumer acquisition rate for the Bank. See how diversified the Yes Bank’s portfolio is, as it reduces the risks associated with stock price volatility.
Moody Statement on Yes Bank Ltd
Moody, a ‘bond credit rating corporation, ‘ remained affirmative on its long-term currency issuer rating for Yes Bank. Moody said that it is highly unlikely that Yes Bank’s ratings will change over the next 12-18 months. However, International finance research providers could upgrade the ratings if Yes Bank establishes an inspiring and endurable system to enhance its profitability.
Conclusion
In upcoming years, Yes Bank Share prtice target on NSE is expected to provide stability to its investors. It has resolved its critical issue related to the non-performing assets and is likely to keep its share pricing range in a positive trajectory along with its potential growth rate. However, India Dekho Property recommends an expert’s advice for the investor, before making any investment-related commitment.
