Down 20% from peak, Yes Bank trading below key averages. What's the potential downside?

  • Posted on August 12, 2025
  • By Business News Today
  • 1 Views
Down 20% from peak, Yes Bank trading below key averages. What's the potential downside?

Yes Bank's shares have been under pressure, falling 20% from their peak despite a strong Q1 performance. Trading below key moving averages, the stock faces potential downside, with analysts suggesting a possible decline to Rs 16. Concerns over stake sales and weak fundamentals contribute to the bearish outlook, overshadowing positive PAT growth.
continue reading...

Author
Business News Today

You May Also Like