Yes Bank shares climbed to a fresh 52-week high, extending gains over five sessions and adding Rs 8,662 crore to market value. The rally followed its partnership with Northern Arc Capital. Analysts remain cautious despite improved technical momentum and stronger Q4 earnings and asset quality.
Yes Bank shares climbed to a fresh 52-week high, extending gains over five sessions and adding Rs 8,662 crore to market value. The rally followed its partnership with Northern Arc Capital. Analysts remain cautious despite improved technical momentum and stronger Q4 earnings and asset quality.
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The shares of Yes Bank jumped around 3% to hit a fresh 52-week high on Thursday, as the stock extended a 16% rally over five straight sessions.The sharp surge in Yes Bank shares over the past five days has added more than Rs 8,662 crore to the company’s market capitalisation, bringing it to nearly Rs 80,912 crore on Thursday. The stock hit a 52-week high of Rs 25.78 apiece today, skyrocketing 50% in less than three months after hitting a 52-week low of Rs 17.20 apiece in March this year.The sha…
