Yes Bank Share Price: Yes Bank shares saw a massive rally on Monday, with the stock price rising 8.61% intraday to ₹23.32 (on BSE). This is the third consecutive day that the stock has gained, thanks to several positive news such as an important board meeting and a major investment deal with Japan’s Sumitomo Mitsui Banking Corporation (SMBC).
Board meeting: Capital raising to be discussed
This surge in Yes Bank shares comes just a day ahead of the bank’s board meeting on June 3 (Tuesday). In this meeting, the bank will consider ways to raise funds, including options to raise money through equity shares, debt securities or other instruments. Fund raising can be done through private placement, preferential allotment or any other method, but necessary approvals will have to be taken for this.
On May 28, Yes Bank said in a regulatory filing:
“The Board of Directors of YES Bank will meet on June 3, 2025 (Tuesday) to discuss proposals to raise funds. This will include options to raise money through equity shares, debt securities or any other eligible security. This funding can be done through private placement, preferential issue or any other method, but necessary approvals will have to be taken for this.”
Along with this, the bank also informed that the trading window will be closed for 48 hours (starting from May 29) after the results of the board meeting are given to the stock exchange. Due to this, investors are now eyeing the results of this meeting, as it may further affect the share price.
Also Read: Reliance Power Share Price
Expectations also increased from SMBC deal
Apart from this, the deal with Japan’s SMBC is also a big positive factor for Yes Bank. The market hopes that this deal will provide funding and global exposure to the bank, which will strengthen its financial position.
Now we are just waiting for the results of the board meeting, but if everything goes well, then Yes Bank shares may rise further!
Yes Bank-SMBC deal: Big change in banking sector!
The recent announcement of a ₹13,483 crore deal between Yes Bank and Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has boosted investor confidence. Under the deal, SMBC will buy a 20% stake in Yes Bank from a consortium of Indian banks led by SBI. This is one of the largest cross-border investments ever in the Indian banking sector, and SMBC will become Yes Bank’s largest shareholder when the deal is completed.
The deal comes just at the time when Yes Bank is completing five years of rescuing it from the crisis in 2020. Then many Indian banks including SBI together saved Yes Bank. This investment by SMBC is indicating confidence in Yes Bank’s turnaround and future growth.
Also Read: Inox Wind Share Price
Yes Bank shares have shown tremendous growth in recent times. Its shares have climbed more than 30% in the last one month, which shows the positive mood of the market. Year-on-year (YTD) the stock is gaining 18%, while in the last 6 months, this stock has jumped 15%. In a period of two years, Yes Bank’s shares have risen 41%, although in the last one year it was running flat.
On Monday at 2:55 pm, Yes Bank shares were trading at ₹ 23.22 with a gain of 8.15% on BSE, which shows buying pressure.
Technical analysis: Bullish trend continues
Technical analysts are very positive about Yes Bank’s stock. Kunal Kamble, Senior Technical Research Analyst, Bonanza Portfolio, says that the stock has broken the “Pennant Pattern”, which indicates the continuation of the bullish trend.
He said, “Yes Bank’s share price is trading above its main Exponential Moving Averages (EMAs), which supports bullish bias. The increase in trading volume shows that investors are active at this level. RSI is also in the higher range, which shows momentum. The overall technical structure is positive.” Kamble advised investors to buy Yes Bank shares on dips around ₹ 22, while keeping the stop-loss at ₹ 21 (closing basis).
According to him, the stock can reach ₹ 25 in the near future, which can be a good opportunity for short-term traders. Why do investors trust Yes Bank? The board meeting and the SMBC deal together have created an environment of positivity for Yes Bank. The capital raise will strengthen the bank’s balance sheet, which will provide new opportunities for growth. At the same time, SMBC’s investment shows confidence in Yes Bank’s long-term potential, which can make it an important player in India’s competitive banking sector.
Analysts believe that the partnership with SMBC will give Yes Bank the benefit of global expertise, digital banking capabilities and new products. Along with this, the improvement in Yes Bank’s asset quality and operational efficiency is attracting investors.
Also Read: CDSL Share Price Update
Should one invest in Yes Bank?
Although the boom and positive developments are giving good signs, it is important to do complete research before investing. The views of analysts like Bonanza Portfolio are not supported by this publication. We advise you to consult certified financial experts before taking any decision.
Yes Bank‘s stock performance, technical indicators and strategic developments can keep it in the news in the coming days as well. Keep an eye on the results of the board meeting to be held on June 3, which will give an idea of the funding plan and the impact on the share price.
Disclaimer: The views and recommendations mentioned in this article are those of individual analysts and do not represent the views of this publication. Investors are advised to consult with certified financial advisors before making any investment decisions.
