🔎 Live Trading Snapshot
- Current Price: Approximately ₹20.23, up ~0.30% from opening ₹20.17 earlier today Munafasutra+10mint+10The Economic Times+10.
- Today’s Range: ₹20.09–20.60 Business Today+4mint+4Equity Pandit+4.
- Previous Close: ₹20.17 mintThe Economic Times.
📈 52‑Week Range & Valuation Metrics
- 52‑Week High/Low: ₹27.20 / ₹16.02 Business Today+11mint+11INDmoney+11.
- Market Cap: ₹63,300–63,500 Cr INDmoney+1Investing.com+1.
- P/E Ratio (TTM): ~21–23× (vs sector P/E ~9–15×) mint+1INDmoney+1.
- P/B Ratio: ~1.32–1.62× Munafasutra+2mint+2INDmoney+2.
- Dividend Yield: Nil (0.0%) NSE India+2mint+2INDmoney+2.
🚀 Q1 FY26 Highlights & Market Impact
- Net Profit soared ~59% YoY to ₹801 Cr, with core NII growth (+5.7% YoY) and non-interest income up 46% YoY INDmoney+2Business Today+2The Economic Times+2.
- Asset Quality remained stable: GNPA ~1.6%, NNPA ~0.3%, with elevated provision coverage >80% Business Today.
- Deposits & Loans: Advances +5% YoY, deposits +4%, CASA improved to ~38% Business TodayThe Economic Times.
- Broker Commentary: Arihant Capital highlights use of AI for risk management and shifting focus to high-yield assets over low-yield segments Business Today.
The strong quarterly performance triggered a ~2% intraday rally, peaking at ₹20.60 NSE India+7Business Today+7The Economic Times+7.
📉 Technical & Strategy Outlook
| Investor Type | Strategy & Levels |
|---|---|
| Short-Term Traders | Watch breakout beyond ₹20.60 for upside toward ₹21.50–23.00; support near ₹20.10–20.00 Munafasutra. |
| Long-Term Investors | With profit momentum, asset stability, and technological focus, consider accumulating on dips—₹18–19 could be a good entry. |
❓ FAQs
Q1. Why is Yes Bank up today?
Strong Q1 profit growth (+59% YoY), improved margins, stable asset quality, and constructive brokerage commentary boosted investor sentiment The Economic Times.
Q2. What could be the next resistance level?
Charts suggest ₹21.50–23.00 as the next upside target post-breakout The Economic Times.
Q3. Are banks at peak valuation?
Yes Bank trades at ~21–23× P/E, significantly higher than sector norms (~9–15×), reflecting growth expectations mintINDmoney.
Q4. How’s the asset quality?
GNPA ~1.6%, NNPA ~0.3%, provision coverage ~80%—well within healthy range Business Today+1The Economic Times+1.
Q5. Should I buy now?
- Traders: Seek breakout chance above ₹20.60.
- Investors: Fundamentals look strong, but consider valuations; dip to ~₹18–19 may offer better entry.
🧠 Final Take
Yes Bank is riding high on robust Q1 performance: performance levers like rising profits, improved margins, and intelligent deployment of technology are steering positive momentum. The market’s upbeat response reflects confidence—but elevated valuations justify some caution. Whether you’re trading the breakout or investing for the long haul, vigilance on price action and sector cues is key.
