HomeNewsBusinessStocksYES Bank can touch Rs 250-275: Vishal Malkan

YES Bank can touch Rs 250-275: Vishal Malkan

According to Vishal Malkan, CMT at malkansview.com, YES Bank should not break strong support of Rs 220-210. “One may buy it with a target of Rs 250-275,” he adds.

August 29, 2013 / 15:53 IST
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Vishal Malkan, CMT at www.malkansview.com told CNBC-TV18, "YES Bank has been hammered badly in last 3-4 weeks. I expect a strong support at Rs 220-210 levels which should not break on closing basis and that would be a good support to buy for a short-term with a target of around Rs 250-275 in the next couple of months."


The share touched its 52-week high Rs 547.15 and 52-week low Rs 216.10 on 20 May, 2013 and 28 August, 2013, respectively.
The company's trailing 12-month (TTM) EPS was at Rs 36.27 per share. (Jun, 2013). The stock's price-to-earnings (P/E) ratio was 6.41. The latest book value of the company is Rs 0.00 per share. At current value, the price-to-book value of the company was 0. The dividend yield of the company was 2.58 percent.
first published: Aug 29, 2013 03:53 pm

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