Fundamentals- 1)One of the major private sector banks having less NPS issues. 2)Interest income earned by the bank doubled in last 4 years and profit tripled. 3)Market leader in sales and other sectoral numbers, enjoys a competent premium. 4)Balance sheet Numbers like Operating profit, net sales are improving YoY @>20%
Technicals- 1)Stock is undergoing consolidation and recent government policy of handling NPA would be a big boost.
Keynote-->Its a good stock that can be accumulated at every dip.
Positive News1--> Nomura India Investment Fund Mother Fund holds 51 L shares of this company.(Source-BSE India, Economic times) Positive News2--> LIC holds 3.8Cr shares of this company.(Source-BSE India, Economic times) Positive News3-->BIRLA SUN LIFE holds 61Lshares of this company.(Source-BSE India, Economic times) Positive News4-->RELIANCE CAPITAL TRUSTEE COMPANY holds 48L shares of this company.(Source-BSE India, Economic times) Positive News5-->Franklin Templeton Investment Funds holds 18 L shares of this company.(Source-BSE India, Economic times) Positive News6-->HDFC Standard Life Insurance Company Limited holds 43L shares of this company.(Source-BSE India, Economic times)
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Positive set of new for Yes bank:
1)Split announced !! 2)The deal is aimed at Santander UK, a wholly-owned subsidiary of the Spanish Santander Group, offering its clients in Britain access to banking facilities and on-the- ground support through Yes Bank's network across India.
Positive results-->The company has reported 31.9 percent jump in its Q1 (April-June) net profit at Rs 965.5 crore against Rs 731.80 in a year ago period.
Comment
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Stock split happened, More gains to come!
Comments
GagandeepSinghTaluja
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Positive set of new for Yes bank:
1)Split announced !!
2)The deal is aimed at Santander UK, a wholly-owned subsidiary of the Spanish Santander Group, offering its clients in Britain access to banking facilities and on-the- ground support through Yes Bank's network across India.
1)Split announced !!
2)The deal is aimed at Santander UK, a wholly-owned subsidiary of the Spanish Santander Group, offering its clients in Britain access to banking facilities and on-the- ground support through Yes Bank's network across India.
Keep holding and adding. CMP-1515(6th July'2017)