HighPositive
Announced Wed, 17 Jun · 11:58 IST
Yes Bank shares rally 15% in 4 sessions. What are technicals suggesting for traders?
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Yes Bank shares rallied around 15% over four sessions, supported by a strategic partnership with Northern Arc Capital to expand digital lending and credit access. The private lender reported a 45% year-on-year surge in Q4 FY26 net profit to Rs 1,068 crore, with net interest income up 16% to Rs 2,638 crore and gross NPA ratio improving 30 basis points to 1.3%. Technical analysts see immediate resistance near Rs 26, with upside targets of Rs 28.50 and Rs 31 on a decisive breakout.