Yes Bank - A leading private sector bank fourth quarter (January-March) net profit rose more than 45% (year-on-year basis) to Rs.203.4 crore, beating the street's estimates on the back of a strong growth in deposits and loans. The quarterly profit was found to be highest ever since its inception. Its net interest income for the three-month period was up 42.7% from a year ago to Rs.348.5 crore. As ... [Continue Reading]
Short Term Stock: Buy YESBANK, For Target 398
Yesbank has been very bullish stock since April, today the stock touched its new 52-week high of 378.80. As per trending move on daily chart we will strongly recommend to buy this stock for short term trading opportunity around 374 - 378, as this stock has broken above its 52-week high. Target for YESBANK comes at 398 / 418. Stop loss should be placed at 365. YESBANK is definitely a good buy with ... [Continue Reading]