Yes Bank Share Price Update: 18 June 2024 ๐๐ฐ
๐น Last Friday, Yes Bank traded 1.50 crore shares with a daily turnover of Rs. 35.76 crore. The total market capitalization of Yes Bank stands at Rs. 74,634.07 crore. The bank’s share closed at Rs. 23.82, up by 0.04% on Friday.
๐น Currently, Yes Bank shares are trading at a yearly low of Rs. 27.40, down by 16.20% from the annual high of Rs. 32.81. The stock has shown a growth of 48.13% in the last year.
๐น On Friday, June 14, 2024, Yes Bank’s share price closed at Rs. 23.82, showing an increase of 0.084%. On Tuesday, June 18, the share price was trading at Rs. 23.90, up by 0.21%.
๐น Technical chart analysis shows strong support at Rs. 23, with resistance levels at Rs. 24.65, Rs. 26, and Rs. 27. Experts suggest a trading range of Rs. 21-27 for Yes Bank shares.
๐น According to experts at Anand Rathi Shares and Stock Brokers, Yes Bank’s share has established strong support at Rs. 23 and may face resistance at Rs. 24.65.
๐น Railgears Broking experts predict that Yes Bank’s share price could reach up to Rs. 20 in the coming days, with resistance at Rs. 26.
๐น Yes Bank shares are currently trading above their 5-day, 10-day, 20-day, 30-day, 150-day, and 200-day simple moving average levels, but below the 50-day and 100-day SMA levels. The 14-day relative strength index for Yes Bank is at 54.14, indicating that the stock is not trading in the oversold or overbought zone.
๐น Yes Bank has a price-to-equity ratio of 59.63 and a price-to-book value of 1.77. The earnings per share stand at Rs. 2.97 with an equity return of 0.40.
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