In a report released today, Jai Prakash Mundhra from ICICI Securities upgraded Yes Bank Limited to a Hold, with a price target of INR20.00. The company’s shares closed today at INR19.99.
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According to TipRanks, Prakash Mundhra is a 2-star analyst with an average return of 2.0% and a 33.33% success rate. Prakash Mundhra covers the Financial sector, focusing on stocks such as Axis Bank Limited, South Indian Bank Limited, and Bandhan Bank Ltd..
Currently, the analyst consensus on Yes Bank Limited is a Moderate Sell with an average price target of INR18.50, representing a -7.45% downside. In a report released on July 15, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a INR21.00 price target.
Based on Yes Bank Limited’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR94.38 billion and a net profit of INR7.45 billion. In comparison, last year the company earned a revenue of INR96.44 billion and had a net profit of INR4.67 billion
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