HighPositive
Announced Thu, 18 Jun · 11:21 IST

At 52-week high! YES Bank share price jumps 16% in 5 sessions: Should you buy? Here's what technicals suggest

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AI summary

YES Bank shares hit a fresh 52-week high of around ₹25.77, gaining 16 percent over five sessions, supported by a strategic partnership with Northern Arc Capital and broader banking sector tailwinds from RBI measures to boost foreign currency inflows. The rally builds on robust Q4FY26 results, with standalone net profit rising to ₹1,068 crore from ₹739 crore YoY and return on assets reaching 1 percent for the first time since 2020. Net interest margin improved to 2.7 percent from 2.5 percent, and the new MD & CEO Vinay M Tonse has guided for NIM of 3.25-3.5 percent over the next two to three years.