New Delhi, April 20 -- Private lender Yes Bank share price will remain in focus in Monday's trading session after the company announced its fourth quarter financial results on Saturday, April 19.
Yes Bank share price closed 1.12 per cent higher at Rs.18.07 on Friday, a day before the announcement. The stock has remained positive in past five trading sessions by gaining nearly 6 per cent.
"Yes Bank has corrected 51% in 57 weeks and is now consolidating in a tight 8-week range between Rs.16-18. This base formation suggests accumulation," said Anshul Jain, Head of Research at Lakshmishree Investment and Securities.
The bank announced a 63.3 per cent year-on-year increase in net profit, reaching Rs.738.1 crore for the fourth quarter ended ...
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