Yes Bank's Stock Continues to Rise, Rising 9% In Two Straight Days

1.  Search here ...  Yes Bank’s Stock Continues to Rise, Rising 9% In Two Straight Days    Home - Markets - Yes Bank’s Stock Continues to Rise, Rising 9% In Two Straight Days   Markets  January 2, 2023       

2.  Shares of Yes Bank cost: 3.04 billion shares, worth a total of Rs 65.51 billion, were traded on January 02, 2023. The lender’s market capitalization (m-cap) was Rs 62,393.41 as of this writing.    On the BSE, there were 37,04,241 purchase orders and 1,02,60,05 sell orders. 31.85 billion shares for a total of Rs. 686.35 billion were exchanged on the NSE.   In Monday’ (January 02, 2023) trading, shares of private lender Yes Bank rose 7.04 per cent, extending their gains for the second straight day.    The stock increased from its previous close of Rs 20.60 to a day high of Rs 22.05. In two sessions, the stock increased 9.43% from its closing price of Rs 20.15 on December 29 of last year. Support for the stock is predicted at Rs 19.8, according to an expert.   The stock price of Yes Bank has changed by 7.16% during the previous 몭ve days. The private lender had a strong start to 2023 and saw gains of 54.23% in the previous year.   3.04 billion shares, worth a total of Rs 65.51 billion, were traded on Monday (January 02, 2023). The lender’s market capitalization (m-cap) was Rs 62,393.41 as of this writing.   On the BSE, there were 37,04,241 purchase orders and 1,02,60,05 sell orders. 31,85,000,000 shares worth Rs 686,35,000,000 were traded on the NSE.   It was last noted today that the stock was trading above the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.   The relative strength index (RSI) for Yes Bank for 14 days was 61.79. Oversold is de몭ned as a level below 30, while overbought is de몭ned as a level beyond 70.    The stock of the corporation has a price-to-equity ratio (P/E) of 53.98.   According to Experts   A R Ramachandran from Tips2trades stated that Yes Bank is positive, but Rs. 22.55 may present signi몭cant resistance. In the following days, Rs 25.35–27 should be reached if the daily close is above this level. Strong resistance will be at Rs 19.8.   According to Santosh Meena, Head of Research at Swastika Investment, the

3. Rs 18–25 range is a clearly de몭ned trading range in the short term, and any signi몭cant move from this region will determine subsequent direction.   On the revenue front, the private sector lender announced that during the second quarter of the current 몭scal, net interest income (NII) increased by 32% year over year (YoY) to Rs 1,991 crore. In the previous 몭scal year, NII totalled Rs 1,512 crore.    However, compared to the same period in 2021, Yes Bank’s earnings for the September quarter fell 32% (YoY) to Rs 152.82 crore from Rs 225.5 crore.   In the meanwhile, increases in metal equities helped Indian market indices start the year well.   You can share this post!         Previous article L’Oréal Paris Speaks Out Against Street Bullying  Next article  GearHead Motors, an E-Bike Company, Raises $6 Million   Related Articles Leave a Reply Your email address will not be published. Required 몭elds are marked * Comment *

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