Shares of private sector lender YES Bank are in focus today after the bank's net profit climbed 10.26 per cent to Rs 342.52 crore in the first quarter of this fiscal. The profit in Q1 FY23 came at Rs 314.3 crore. In the previous session, YES Bank stock ended 1.86% higher at Rs 18.06 against the previous close of Rs 17.73 on BSE.
Despite a fall of 23 per cent in the year 2023 so far, shares of Yes Bank have delivered a return of about 30 per cent to the investors in the last one year
Shares of Yes Bank were trading at Rs 15.78 on Tuesday and ICICI Securities revised its target price suggested a downside of another 15 per cent in the counter.