Shares of rose 3.24 per cent to hit a high of Rs 22.96 in Monday's trade, recovering from the previous session's decline following reports that Japan's Sumitomo Mitsui Banking Corporation (SMBC) has no immediate plans to increase its stake in the lender beyond the regulatory cap. Advertisement

Brokerage Emkay Global Financial Services has raised its target price on YES Bank shares by 12 per cent to Rs 19 (from Rs 17) while maintaining a 'Sell' rating. The revision follows the private lender's September quarter (Q2 FY26) results announced on October 18.

According to Emkay, YES Bank's core profitability improved during the quarter, supported by stable margins and contained operating expenses. However, the profit after tax (PAT) of Rs 654 crore fell 16.4 per cent below estimates, with retu

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