Yes Bank Share Price Update: 05 JUNE 2024
📈 Yes Bank shares opened at ₹24.40 on Monday, 3 June 2024. The share price saw a slight increase to ₹24.65 per share.
📉 However, heavy decline was witnessed in the bank’s shares yesterday.
ℹ️ In the stock market, a decline can be an opportunity for investment. During such times, many stocks can be bought at lower prices.
💸 Yes Bank shares were trading at ₹22.35 with a 5.10% decline on Tuesday, 4 June 2024. The share price increased by 0.09% to ₹21.90 on Wednesday, 5 June 2024.
📊 The original trading range for Yes Bank shares was between ₹15 and ₹25. Experts now predict the trading range has extended to ₹25 to ₹32.
🔍 Experts suggest that once the selling pressure eases, Yes Bank shares could reach up to ₹32. They recommend placing stop-loss at ₹21 when investing.
📢 Yes Bank’s Managing Director and CEO, Prashant Kumar, stated that State Bank of India came forward to help Yes Bank during its financial troubles, becoming a major investor. Following this, Yes Bank has initiated recovery of bad loans, collecting over ₹5,000 crore in the past four years.
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
