X

Why yes Bank Share Price Falling.? What To Do Buy/Sell/Hold?

Advertisement

Yes Bank Share Price Falling

Yes bank share falling;  After touching its 52wk high Rs. 20 the stock of yes Bank Started falling again but Why.? Internally Comapny doesnt look like a Rs. 10 Stock then why it again joined the list of falling stocks.

We will talk about it one by one lets start;

Advertisement

Why yes bank share Price falling.?

Company posted a very good Q1 of this financial year, loan Book growth looks stable, NII & NIM also look very much favourable. So, If you look it financially the stock doesnt look very stressed.

Recently India rating agency also changed its Rating to BBB which means a stable corporation. So Overall the company looks way better then it used to be.

Advertisement

Now the problem surfaced after the resignation of Kumal Manglam from Vodafone Idea. you must be thinking whats the link. wait..wait..

Advertisement

So, yes Bank had given a Loan of Rs. 4000 crore to Vodafone Idea and now when Vodafone Idea is one the verge of bankruptcy, CEO has also resigned what do you think will happen.?

Advertisement

Punjab national bank & Yes Bank are the two bank that havent fallen because of their own mistake but mistake of other. Both fell because of Scams or huge NPA.

if Vodafone idea goes Bankrupt Yes Bank’s NPA would grow hugely. In percentage terms Yes Bank has given 2.4% of its total loan book to Vodafone Idea.

Advertisement
Yes Bank share Price falling

What Should You Do.?

Though its hard to calculate the risk & present sitatuation of Vodaofne idea but if you have invested in yes bank then ‘HOLD’.

First of all Hold omnly 2-3% of your total capital. yes bank share is a risky but profitable but RISKY investmet so if you wannt save your capital & earn profit as the same time Hold it only in this percentage.

Advertisement

Dont hurry to offload RSI is in the oversold zone and MACD is on the breakout so HOLD it. Enjoy the upcoming rally and then offload the excessive risk.

Why yes Bank share Fell Today.? Chart Analysis

If you liked our work dont shy to share it & Subscribe it so You dont miss further articles like this one. Just fill your details below and we will send your all our upcoming articles to you directly in your mail.

Advertisement

-People Also Read These-

Why IDFC first bank share price falling.? Should You Sell You Stocks.?

Why People Want To Ban The Empire Series?

Chehre 2021 Full Movie Download tamilrockers, Filmyzilla, tamilgun, Filmywap, Mp4moviez 9xmovies 720p 480p 1080p

Advertisement
Categories: Stocks