Yes Bank Share Price Today on 28-11-2024: Yes Bank share price are up by 0.3%, Nifty down by -0.72%


Yes Bank Share Price Today on 28-11-2024: At 28 Nov 11:20 today, Yes Bank shares are trading at price 20.34, 0.3% up from the previous closing price. Sensex is trading at 79466.14, down by -0.96%. The stock has hit a high of 20.66 and a low of 20.05 during the day.

On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at 50,100,300 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 20.47, 20.66, & 20.98, whereas it has key support levels at 19.96, 19.64, & 19.45.

Till 11 AM today, the volume traded on NSE & BSE for Yes Bank was -21.47% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

Overall, as per Mint technical analysis, The stock is indicating a trend reversal after a strong downtrend..

From a fundamental analysis perspective, the company has a ROE of 3.10% & ROA of 0.34% respectively.The current P/E of the stock is at 34.61 & P/B is at 1.37.

The median 1-year forecasted upside in this share is at 21.34% with a target price of 16.00.

The company has a 0.00% promoter holding, 0.25% MF holding, & 10.96% FII holding as per filings in the september quarter.

The MF holding has increased from 0.19% in june to 0.25% in the september quarter.

The FII holding has decreased from 11.03% in june to 10.96% in the september quarter.

Yes Bank share price up 0.3% today to trade at 20.34 while its peers are mixed. Its peers such as Indusind Bank, Federal Bank are falling today, but its peers Indian Bank, UCO Bank are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.72% & -0.96% each respectively.



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