Do you want to know Yes bank share price analysis? A share price analysis is very important before investing. The present blog post carries out the Yes bank share price analysis in a detailed manner.
About Yes Bank
Yes bank is a private sector bank in India. Its headquarter is situated in Mumbai, India. It was founded by Rana Kapoor and Ashok Kapur in the year 2004.
Yes bank is a full-service commercial bank.
Yes bank has been engaged in offering banking and financial services to retail customers as well as corporate clients. Its services include retail banking and asset management.
Yes bank operates in investment banking, merchant banking, and brokerage and mutual fund businesses.
Yes bank has been listed in BSE and NSE. It was listed on the stock exchange in the year 2005.
Yes bank key dates
Incorporation Date: November 21, 2003
Public Issue Date: June 15, 2005
Yes bank listing information
Face value of equity shares: 2
Market lot of equity shares: 1
BSE Code: 532648
NSE Code: YESBANK
BSE Group: A
Yes bank share was performing well up to August 2018.
What a super share price that rose from 2005 to 2008!
Then, the decline was started.
Due to excessive bad loans, it was in a state of collapse in March 2020. Reserve bank of India took control of it and reconstructed it on March 5, 2020.
The Reserve Bank of India superseded the board of Yes bank, due to the following main reasons.
- Worsening financial condition
- Serious governance issues
- False Assurance
- No Market-led revival in prospect
- Diminution of liquidity
- Non-serious Investors
The union cabinet of Govt. of India approved the reconstruction scheme of Yes bank on March 13, 2020.
During the reconstruction plan, seven investors such as State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank, Rakesh Jhunjhunwala, Radhakishan Damani, and Azim Premji infused 12000 crore rupees in Yes bank. Mr. Prashant Kumar was suggested as the new CEO of the bank.
Yes bank was owned by the State Bank of India on July 28, 2020, by taking 30% of the stake in the company.
Know Yes bank share price today
To know the current Yes bank share price, you have to visit NSE or BSE website. No need to visit any other website.
These two websites are the authoritative websites and provide the real-time share price of Yes bank.
Yes Bank Declared Dividends
The declared dividends of Yes Bank stock are given below. The company has a good dividend track report and has consistently declared dividends up to the year 2019. Especially, from the year 2013 to 2017, there was an increased dividend every year.
|Announcement Date||Effective Date||Dividend Type||Dividend %||Amount per share (Rs.)|
But there is no declared dividend of Yes bank share in 2020. And let’s see what will happen in 2021 – whether it is going to give a dividend or not.
The company has given positive dividends starting from the year 2010 to 2019. This is a plus point. However, there is no recent dividend.
Yes Bank Share Price History
The details of Yes bank share price history are given below. It is the closing price.
The share price of the first trading day of the year is given in the below table.
|Date||Share Price (Rs.)|
|01-Jan-2018||312.60 (after split in 2017)|
Yes bank share price historical data
The historical data of Yes bank share price shows the price of Yes bank share for the previous periods.
For a particular day, you can check the share price of Yes bank, including the open, high, low, and close prices. It also shows the volume-weighted average price (VWAP).
First, understand what are the open, close, high, low prices, and VWAP.
The open price is the price at which a stock first trades upon the opening of an exchange on a trading day. For instance, the National stock exchange (NSE) opens at 9:15 AM (Indian time). The price of the first trade for any stock listed in the exchange is the open price of the stock for the day.
Similarly, the close price is the final price of a stock when the market closes for a given day. The close price is the most accurate price of a stock for valuation.
The high price is the highest price of a stock that touches in a given day, and the low price is the lowest price of a stock that touches in a given day.
The VWAP shows the average price of a stock for a given day, based on the volume and price. It provides an insight into the trend and price of a stock.
It is very useful for further analysis.
You can check Yes bank share price historical data from the NSE website. The link is given below.
Enter symbol as YESBANK and select series as EQ. Then select the period for 1day to 24 months or select a period of a maximum of 365 days. And then click Get Data. Now you can get the historical data of Yes bank share price of the period you have chosen.
Yes Bank Share Price Split
Share face value split is nothing but a sub-division of shares. It is done to increase liquidity.
Yes Bank share price split was in the year 2017 from the face value of Rs 10 to Rs 2. The details of Yes bank share price split are given below.
|Announcement Date||Old Face Value||New Face Value||Record Date|
Yes bank share price before the split was 1,880.10, the closing price of Yes bank share on 20-Sep-2017.
The open price of Yes bank share was Rs. 375.30 on 21-Sep-2017.
Yes Bank Share Price Analysis
The analysis of Yes bank share price is done below.
TTM – EPS is negative (not good).
Adjusted book value decreases since Mar-2019 (not good).
TTM ROE and ROA are negative (not good).
Cash flow and free cash flow per share are negative since Mar-2018 (not good).
From the above details, it is seen that the quality of Yes bank share is not good right now.
Yes bank share price 52 week low: 11.1
Yes bank share price 52 week High: 32.0
The ratio of 52 week high and 52 week low should be within 2.5 for a good stock to buy.
The intrinsic value of Yes bank share: There is no intrinsic value of Yes bank share due to the negative TTM – EPS and decreased book value from year to year.
The right time to buy an undervalued stock when it hits the monthly S2 level on a daily chart.
Yes Bank Share Price Comments
The government of India has reconstructed Yes bank. It may give good returns in the coming years.
However, you should be careful while investing in Yes bank.
One most required point is sufficiently undervalued.
Do your calculations before you invest!
This blog post will be updated from time to time, once the fundamentals or the intrinsic value of Yes bank is changed. So stay connected!
If you any queries or suggestions regarding the post, feel free to comment.
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Disclaimer: The views expressed in the present post are that of the author and not for any suggestion to buy, hold, or sell the Yes bank stock. Investments in the stock market are subject to market risks. Hence, do your research or consult your financial advisor before investing.