Yes Bank Share Price π
1. π Yes Bank shares witness a surge in price due to the loan scam, reaching a 52-week high.
2. π° The share closed at Rs 3.10 in the Mumbai Stock Exchange, reflecting a continuous rise in its value.
3. π The share price has increased by 72% since October last year when it was valued at Rs 14.10.
4. πΉ In the past month, the share price of the private bank has seen a growth of over 22%.
5. πΈ Investors who held the stock for the past six months have already gained a profit of 40%.
Positive Q3 Results π
1. π Yes Bank recently released its third-quarter results, which brought hope to investors.
2. π¦ The bank reported a total loan and advance amount of Rs 2,17,662 crore for the third quarter of the current fiscal year.
3. π Compared to the same quarter last year, this figure represents a significant growth of 11.9%.
4. π΅ The bank’s deposit amount also increased by 13.2% during the quarter, reaching a total of Rs 2,14,831 crore.
5. π― However, the credit-to-deposit ratio decreased to 90% from 91.19% a year ago.
Investor Sentiment π
1. π§ With the recent surge in share price and positive quarterly results, discussions are taking place on the reasons behind this upward trend.
2. πΌ Investors who have held onto Yes Bank shares for the past six months have already enjoyed a 40% profit.
3. π The continuous rise in share price has attracted attention and raised hopes among investors.
4. πΉ The positive Q3 results have instilled confidence in the bank’s financial performance.
5. πͺ Overall, the recent developments in Yes Bank’s share price and financials have sparked optimism and renewed interest among investors.
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