Yes Bank Reports Strong Profit Growth Amid Market Evaluation Adjustments
Yes Bank has recently adjusted its evaluation, reflecting its strong financial performance amid current market conditions. The bank reported significant growth in net profits and operating profit, alongside a low gross non-performing asset ratio. These developments underscore its robust operational efficiency and evolving market position.
Yes Bank, a prominent player in the private banking sector, has recently undergone an evaluation adjustment that reflects its current market dynamics. The revision in its score comes amid a backdrop of notable financial metrics and performance indicators. The bank has reported a significant growth in net profits, achieving a compound annual growth rate (CAGR) of 16.03%. This growth is complemented by a remarkable 24.88% increase in operating profit, showcasing the bank's robust operational efficiency. Additionally, Yes Bank has consistently delivered positive results over the last five quarters, with a reported profit after tax (PAT) of Rs 612.27 crore, marking a substantial year-on-year growth of 164.5%.
Despite these positive developments, the stock is currently positioned within a mildly bearish technical range, as indicated by various technical indicators. The bank's gross non-performing assets (NPA) have reached a low of 1.60%, contributing to its attractive valuation with a price-to-book ratio of 1.2.
Overall, Yes Bank's strong long-term fundamentals and recent financial performance adjustments highlight its evolving market position.
Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
