Yes Bank Share crashed, what are recommendation targets & predictions.

Yes Bank Share has Crashed what are recommendations?

Yes Bank has been one of the buzzing stocks in Indian stock exchanges BSE and NSE. The reason for this buzz has been the crash which Yes Bank shares have suffered from August 20th, 2018 when it was trading at 404 INR. 

Many investors lost their money because of this crash and it has caused serious infuriation in the market for YES Bank.  Market sentiments have been bearish for YES Bank and the sentiments have been true as shares have dropped till 35.45 on 22nd FEB 2020 at the time of writing of this article. 

Reason for Crash of Yes Bank Share & What are new targets?

There have been multiple reasons for crash of YES Bank and most of them have been because of their Bad Debts or Non Performing Assets. Yes Bank has been a popular stock in the Indian stock market as it has been growing consistently from 2008 to 2017 giving up to 35% profits to its investors. 

Most clients of YES Bank are big corporations and business customers. Yes bank had an aggressive approach and was open to pay loans to large private organizations which were one of the reason for their boosting growth. 

After demonetization in India and changing TRAI regulations some of the major corporations lost a major share of their revenue and got to the verge of filing a bankruptcy. 

YES Bank had some major NPA's with these companies such as Reliance Capital, Idea Vodafone and many more, These NPA's along with management issues and nonrenewal of Rana Kapur as managing director of YES Bank have been some of the reasons for their crash.

What is the YES Bank Stock Prediction on 22 Feb 2020? Should i buy Yes Bank Share?

This is not financial advice and we suggest people make their own research before investing in any stock, mutual fund or even before making any kind of investment. Our predictions are just our views, which might be wrong as no one has seen the future. 

Ok so if we look at the current trading price of YES Bank which is 35.45 INR it looks an irresistible stock to invest in but before making that investment we also need to look at the problems which Yes bank has to face before emerging. According to YES Bank, some reputed financial institutions such as JC Flowers & Co Ltd, Silver Point Capital, OHA LLP, Tidal Park Capital management LP have shown interest in investing in YES Bank. Also, the news is there that Hindujas, Cerberus will partner to bid for YES Bank. 

Our prediction says buying a YES Bank stock might be a risky but fruitful investment for the future. YES, Bank share might be a 2X or 3X in the coming 2-3 years. 

Thank you friends for reading our article, If you have any questions please send us a comment. We will answer your questions in comment section. 

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