YES Bank stock rating: JM downgraded YES Bank’s rating even the private bank saw improved asset quality in Q4, supported by higher recoveries, steady margins and strong growth.
YES Bank stocks have been on the radar of Dalal Street traders lately. The stock turned multibagger from its 52-week low of Rs 14.10 hit in October 2023.
Shares of YES Bank rose about 5 per cent to Rs 21.26 during the trading session on Tuesday, commanding a total market capitalization of Rs 61,00 crore.
Shares of YES Bank have rallied about 30 per cent in the month of November so far, while the stock is up 45 per cent from its 52-week low at Rs 14.10, hit on October 23, 2023.