Synopsis:

Yes Bank Ltd. rose 8% in intraday trade, driven by consistent gains, high trading volumes, and surpassing ₹21.5, the price for SMBC’s initial stake. Positive sentiment and growth targets set by the CEO & MD boosted investor confidence.

The shares of a mid-cap company, specializing in a wide array of retail, MSME, and corporate banking and financial services, including deposits, loans, cards, wealth management, digital banking, trade finance, and cash management services, have jumped by up to 8 percent in today’s intraday trade. In this article, we will explore the reasons for the stock’s rally.

With a market capitalization of Rs. 74,822.94 crores on Friday, the shares of Yes Bank Ltd jumped upto 8.3 percent, making a high of Rs. 24.30 per share compared to its previous clo

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