Yes Bank share price today: Yes Bank shares plummeted 7.4% to Rs 21.55 during early trading hours on Tuesday following reports of 3% equity changing ownership through multiple block deals in the day's session.
Reports from CNBC TV-18 indicate that a PE Investor is the probable seller in these transactions. The specifics regarding the buyer and other transaction details remain undisclosed at present.
The private lender's stock is expected to attract attention today as its board convenes to discuss potential fundraising initiatives.
On Monday, the stock witnessed an upward movement of over 8%, emerging as the third-strongest performer in the Nifty 500 index, according to an ET report. This surge followed news reports about Sumitomo Mitsui Banking Corporation (SMBC) seeking regulatory clearance to establish a wholly-owned subsidiary in India. Industry observers linked this development to SMBC's possible intentions to secure a controlling interest in Yes Bank.
In an early Tuesday exchange filing, Yes Bank rejected any knowledge of such developments, stating they were not part of any such discussions and termed references to 'road map' discussions with the RBI as incorrect.
The organisation's board will evaluate various fundraising options through equity shares, debt instruments or other securities using methods like private placement or preferential issue, within legal parameters.
SMBC had revealed intentions in May to purchase a 20% stake in Yes Bank from a State Bank of India-led consortium, which had previously aided the bank during its 2020 difficulties. The transaction values the institution at over $8 billion.
Yes Bank Share Price Target and Performance
Trendlyne data quoted by ET indicates Yes Bank's average target price is Rs 16, indicating a potential 29% decline from present levels. The stock carries a 'Sell' consensus rating from 12 market analysts.
Yes Bank shares finished at Rs 23.27 on the BSE on Monday, rising 8.4%, whilst the Sensex declined 0.09%. The shares have increased 19% in 2025 and recorded 39% growth over three months. The company's market capitalisation presently amounts to Rs 72,976 crore.
(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)
Reports from CNBC TV-18 indicate that a PE Investor is the probable seller in these transactions. The specifics regarding the buyer and other transaction details remain undisclosed at present.
The private lender's stock is expected to attract attention today as its board convenes to discuss potential fundraising initiatives.
On Monday, the stock witnessed an upward movement of over 8%, emerging as the third-strongest performer in the Nifty 500 index, according to an ET report. This surge followed news reports about Sumitomo Mitsui Banking Corporation (SMBC) seeking regulatory clearance to establish a wholly-owned subsidiary in India. Industry observers linked this development to SMBC's possible intentions to secure a controlling interest in Yes Bank.
In an early Tuesday exchange filing, Yes Bank rejected any knowledge of such developments, stating they were not part of any such discussions and termed references to 'road map' discussions with the RBI as incorrect.
The organisation's board will evaluate various fundraising options through equity shares, debt instruments or other securities using methods like private placement or preferential issue, within legal parameters.
SMBC had revealed intentions in May to purchase a 20% stake in Yes Bank from a State Bank of India-led consortium, which had previously aided the bank during its 2020 difficulties. The transaction values the institution at over $8 billion.
Yes Bank Share Price Target and Performance
Trendlyne data quoted by ET indicates Yes Bank's average target price is Rs 16, indicating a potential 29% decline from present levels. The stock carries a 'Sell' consensus rating from 12 market analysts.
Yes Bank shares finished at Rs 23.27 on the BSE on Monday, rising 8.4%, whilst the Sensex declined 0.09%. The shares have increased 19% in 2025 and recorded 39% growth over three months. The company's market capitalisation presently amounts to Rs 72,976 crore.
(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)
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