Yes Bank share price closed Monday’s trading session in a loss after going down by 1.26%. The bank is down by 4.1 % year-to-date despite reporting impressive quarterly returns recently. A prolonged acquisition process carried from 2024 has weighed down on the stock, with some investors concerned that it could impact the bank’s performance.
The State Bank of India (SBI) initiated steps to sell its 24% stake in Yes Bank in 2024, but the process has hit a snag, with the Reserve Bank of India (RBI) putting restrictive conditions on prospective international bidders. The UAE’s Emirates NMD, Japan’s Mitsubishi UFj Financial Group, and Mizuho Bank have been at the forefront of the acquisition bid, but restrictions on foreign ownership have been a glaring feature.
Yes Bank’s strong growth trajectory is underlined by successive profit growth in the last five quarters. However, it also has a substantial debt burden, which weighs on its performance. The company’s debt stood at Rs 80,507 crore (about $9.28 billion) at the end of 2024. Therefore, debt servicing will likely continue limiting Yes Bank share price upside in 2025. However, a breakthrough in its acquisition quest could inject fresh volatility into the stock.
Yes Bank Share Price Prediction
Yes Bank share price trades above the Volume Weighted Moving Average (Rs 18.43) on the daily chart, signaling an underlying bullish momentum. The stock pivots at Rs19.00 on the 2-hour chart and the momentum currently favours the downside. It will likely move downward and meet the first support at Rs 18.50. However, an extended control by the sellers will break below that level and potentially test Rs 17.90.
Alternatively, moving above the pivot mark will shift the momentum to the upside. The first resistance will likely be Rs 19.55. The downward narrative will be invalid if the price breaks below that level. Also, the resulting momentum could take the price higher to test Rs 19.30.
