Equity / Stocks - Yes Bank - Good one in Banking Space in MARKETS - CMP : 285
Target : 500
Time Span : 1 Year
Yes Bank Ltd attracts deposits and offers comprehensive banking ...
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07-11-2010 11:18 PM
Yes Bank - Good one in Banking Space
CMP : 285
Target : 500
Time Span : 1 Year
Yes Bank Ltd attracts deposits and offers comprehensive banking and financial solutions in India. The Company primarily serves customers in the food and agribusiness, life sciences, healthcare, biotechnology, telecommunications, media, information technology and infrastructure development industries.
Yes Bank has grown aggressively both in terms of revenues and PAT in the past 5 years. Has maintained good NPM of 15 - 20 %. Its fairly priced at current P/E of 20. Last 2 quarter results have been really good. As the trend continues in coming quarters, the share price should boost as well.
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