Sell YES Bank, target price Rs 10: Emkay Global

Emkay Global has sell call on YES Bank Ltd. with a target price of Rs 10. The current market price of YES Bank Ltd. is Rs 12.66. Time period given by analyst is one year when YES Bank Ltd. price can reach defined target.

YES Bank Ltd., incorporated in the year 2003, is a banking company (having a market cap of Rs 31819.73 Crore).

YES Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2021.


Financials
For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 5664.33 Crore, up 3.68 % from last quarter Total Income of Rs 5463.28 Crore and down -13.47 % from last year same quarter Total Income of Rs 6545.74 Crore. The bank reported net profit after tax of Rs 265.76 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of 31-Dec-2021, while FIIs owned 14.87 per cent, DIIs 38.86 per cent.