This expert give Yes Bank price target of Rs 20.4 and pegs BREAKOUT at above Rs 16.5
Yes Bank share price today is Rs 15.55 and it is trading flat. The lender has been constantly in the news and its share price has been attracting a lot of attention. Ashis Biswas, Head of Technical Research at CapitalVia Global Research says that technically, Yes Bank is trading in a small band that resembles a wedge price pattern. In the declining wedge, it is now nearing its upper band
Ashish says Yes Bank had a stronger operational performance than forecast due to a higher NIM, higher non-interest revenues, and better cost management: Reuters