Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "People have seen that if they buy Yes Bank on a 20 percent decline, it generally tends to reward. Whatever has happened is in the price and from here, keep Rs 300 type of a stoploss and at some point, it will get back to Rs 380-385. If Punjab National Bank can sort out its issues, I think Yes Bank can."
On Friday, Yes Bank ended at Rs 325.95, up Rs 5.60, or 1.75 percent on the BSE.
The share touched its 52-week high Rs 1,884.85 and 52-week low Rs 299 on 20 September, 2017 and 27 October, 2017, respectively.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!