Share of Yes Bank Limited is currently trading at around Rs.16/- Existing as well as prospective investors are asking for Yes Bank Share Price Target 2024 as well as target share price for other years from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of Yes Bank Ltd and based on our discussion and analysis will tell you the Yes Bank Share Price Target 2024 as well as target share price for other years from 2023 to 2030.
Following are the frequently asked questions by the existing as well as prospective investors, about Yes Bank Limited :
- What is the target of Yes Bank in 2025?
- What is target price of Yes Bank 2023?
- What is the share price prediction for Yes Bank in 2024?
- What will be the share price of yes in 2030?
Discussion & Analysis of Business & Financial performance of Yes Bank Limited:
Business and Financial Performance
Yes Bank Limited is a private sector bank headquartered in Mumbai, India. It was founded in 2004 by Rana Kapoor and is one of the largest private banks in India. Yes Bank offers a wide range of banking products and services to its customers, including savings and current accounts, loans, investments, and insurance.
In recent years, Yes Bank has faced some challenges. In 2019, the bank was placed under a moratorium by the Reserve Bank of India (RBI) due to concerns about its financial health. The RBI appointed a new management team to lead the bank and implemented a number of reforms. As a result of these reforms, Yes Bank’s financial health has improved significantly.
In the fiscal year 2022-23, Yes Bank reported a net profit of ₹206.21 crore. This was a significant improvement from the previous year, when the bank reported a net loss of ₹1,227.93 crore. The bank’s net interest income (NII) increased by 11.7% to ₹7,351.56 crore in the fiscal year 2022-23. The bank’s asset quality also improved, with gross non-performing assets (GNPAs) falling to 2.4% of total assets.
Future Business Prospects
Yes Bank is well-positioned for future growth. The bank has a strong brand name and a wide customer base. It also has a strong capital base and a healthy liquidity position. In addition, the bank is investing in new technologies and products to meet the changing needs of its customers.
Yes Bank is also well-positioned to benefit from the growth of the Indian economy. The Indian economy is expected to grow at a healthy pace in the coming years. This growth will create new opportunities for Yes Bank to expand its business and generate more revenue.
Overall, Yes Bank is a well-managed bank with a strong financial position. The bank is well-positioned for future growth and is expected to continue to perform well in the coming years.
Here are some of the key factors that are expected to drive Yes Bank’s future growth:
- The growth of the Indian economy
- The increasing demand for digital banking services
- The bank’s strong brand name and customer base
- The bank’s strong capital base and healthy liquidity position
- The bank’s investments in new technologies and products
Yes Bank is well-positioned to capitalize on these factors and continue to grow its business in the coming years.
Yes Bank Share Price Target 2023
Based on the above discussion and analysis, the share price of Yes Bank may touch the level of around Rs.20-24 in 2023.
Yes Bank Share Price Target 2024
Based on the above discussion and analysis, the share price of Yes Bank is likely to touch the level of around Rs.25-30 in 2024
Yes Bank Share Price Target 2025
Based on the above discussion and analysis, the share price of Yes Bank is likely to remain in the range of Rs.32-36 in 2025.
Yes Bank Share Price Target 2026
Based on the above discussion and analysis, the share price of Yes Bank may touch the level of around Rs.40-45 in 2026.
Yes Bank Share Price Target 2027
Based on the above discussion and analysis, the share price of Yes Bank is likely to touch the level of around Rs.48-54 in 2027
Yes Bank Share Price Target 2028
Based on the above discussion and analysis, the share price of Yes Bank is likely to remain in the range of Rs.55-60 in 2028
Yes Bank Share Price Target 2029
Based on the above discussion and analysis, the share price of Yes Bank is likely to touch the level of around Rs.65-70 in 2029
Yes Bank Share Price Target 2030
Based on the above discussion and analysis, the share price of Yes Bank is likely to remain in the range of Rs.75-100 in 2030
Disclaimer: Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
Also Read :
Yes Bank Share Prediction for 2023, 2024 & 2025 – MoneyInsight –
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