Yes Bank Shares Fall Over 26% From 52-Week High; Should you Buy, Hold or Sell?
News 18Yes Bank Share Price: Private sector Yes Bank reached a record high of one year about 10 days ago. In last ten days, Yes Bank shares have fallen to the tune of Rs 18.20 per share on NSE, logging more than 26 per cent dip after climbing to its 52-week peak. further direction.” Highlighting the reasons that led to the fall in Yes ank share price, Manoj Dalmia, Founder & Director at Proficient Equities said, “In recent Yes Bank share price rally, its PE had surged to the tune of 40, which was quite high from its peers. So, current dip in Yes Bank shares was expected after the sharp upside move post-JC Flowers ARC deal.” Manoj Dalmia of Proficient Equities said that after Yes Bank JC Flowers ARC deal, Yes Bank’s GNPA is expected to go below 2 per cent whereas its net NPA may go below 1 per cent in upcoming quarters.