Year | First Target | Second Target |
---|---|---|
2023 | ₹25 | ₹28 |
2024 | ₹30 | ₹33.65 |
2025 | ₹40 | ₹48 |
2026 | ₹56 | ₹61 |
2027 | ₹67 | ₹72 |
2028 | ₹78 | ₹83 |
2029 | ₹90 | ₹95 |
2030 | ₹105 | ₹120 |
Yes Bank is a private sector bank in India. It was founded in 2004 and is headquartered in Mumbai. The bank offers a wide range of banking products and services to retail and corporate customers.
Yes Bank’s share price has been on a downward trend in recent years, due to a number of factors, including the bank’s financial crisis in 2019 and the overall economic slowdown in India. However, the bank has been making progress in recovering from the crisis and is expected to improve its financial performance in the coming years.
Yes Bank Share Price Target for 2023
The Yes Bank share price is expected to trade in the range of ₹25-28 in 2023. This is based on the bank’s current financial performance and the expected improvement in its financial performance in the coming year.
Yes Bank Share Price Target for 2024
The Yes Bank share price is expected to rise to ₹30-33.65 in 2024. This is due to the bank’s continued improvement in financial performance and the expected growth of its retail banking business.
Yes Bank Share Price Target for 2025
The Yes Bank share price is expected to reach ₹40-48 in 2025. This is because the bank is expected to benefit from the growth of the Indian economy and the government’s plans to invest in infrastructure.
Yes Bank Share Price Target for 2026
The Yes Bank share price is expected to touch ₹56-61 in 2026. This is due to the bank’s strong financial performance and the expected growth of its digital banking business.
Yes Bank Share Price Target for 2027
The Yes Bank share price is expected to cross ₹67-72 in 2027. This is because the bank is expected to benefit from the government’s plans to launch the Unified Payments Interface (UPI) 2.0 and the National Bank for Financing Infrastructure and Development (NBFID).
Yes Bank Share Price Target for 2028
The Yes Bank share price is expected to reach ₹78-83 in 2028. This is due to the bank’s strong financial performance and the expected growth of its corporate banking business.
Yes Bank Share Price Target for 2029
The Yes Bank share price is expected to touch ₹90-95 in 2029. This is because the bank is expected to benefit from the growth of the Indian economy and the government’s plans to invest in the financial sector.
Yes Bank Share Price Target for 2030
The Yes Bank share price is expected to cross ₹105-120 in 2030. This is due to the bank’s strong financial performance and the expected growth of its digital banking business.
Conclusion
The Yes Bank share price is expected to rise steadily in the coming years, driven by the bank’s strong financial performance and the government’s plans to invest heavily in the banking sector. Investors who are looking for a long-term investment in the Indian banking sector could consider investing in Yes Bank shares.
Here are some additional factors that could affect the Yes Bank share price in the future:
- The bank’s ability to recover its bad loans
- The growth of its retail banking business
- The success of its digital transformation initiatives
- The regulatory environment in India
- The overall economic conditions in India