This deal led to a 20% rise in Yes Bank’s shares!

YES BANK SHARE DEAL DETAILS: Currently, the shares of many companies in the Indian stock market are performing very well and all those shares are also giving very good returns to their investors. One of which is the share of Yes Bank. All the people who had shares of Yes Bank in the stock market at that time are happy because at that time the shares of Yes Bank have seen a significant increase.

The shares of Yes Bank have increased by more than 20 percent in the last one week due to which all the investors of this company are in shock. But let us tell you that there is a deal behind it, and it is because of this deal that Yes Bank shares are rising so fast today.

If you don’t have any information about Yes Bank share deal details, then in today’s post we are going to give complete information about Yes Bank share deal details, so that you can know that Yes Bank share deal details. Which share deal has benefited? too much speed.

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Yes Bank Share Deal Details

For a long time, India’s No. 1 private bank was talking about buying part of HDFC Yes Bank, but due to lack of approval from RBI (Reserve Bank of India), HDFC Bank It was not negotiable. But last Monday, the Reserve Bank of India has given its nod to HDFC and according to reports, HDFC has got approval to buy 9.5% stake in Yes Bank.

Because of this the shares of Yes Bank are increasing since then and all the investors of Yes Bank are also happy. Let us tell you that after the HDFC deal, Yes Bank shares hit a new 52-week high.

Yes Bank share now touched a 52-week high of ₹ 32.70, Yes Bank share price is ₹ 29.95 today on February 8, 2024.

This is what the experts say!

Seeing the rise in Yes Bank shares, many experts have now become quite positive about it and Kranti Bathani, director of equity strategy at Wealth Mills Securities, said the additional acquisition in Yes Bank by HDFC Bank. Acquisition of shares. For the long-term view.”To a large extent, this is positive, which gives it stability.”

Apart from this, Kranti Bethany said that “along with this, we also have to see how Yes Bank is performing after this stake and that will tell us about the future of Yes Bank.”

Jump in the market cap!

We tell you that after the increase in Yes Bank’s share price, we have also seen its market capitalization increase. Currently, Yes Bank’s total market cap has crossed Rs 80,000 crore. Also, Yes Bank shares are still gaining momentum.

Last year in the month of October, a share of Yes Bank was trading around Rs 15, today this share has reached around Rs 30. Due to which those who had invested their money in Yes Bank at that time, their money would have doubled by that time.

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We hope this article has given you complete information about Yes Bank Share Deal Details, also share it with your friends so that they can also get information about Yes Bank Share Deal Details. .

Note: Investing in stock market can be risky, so consult someone before investing in it. These points are given here for information only.

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