Not the right time for Yes Bank

-
The private lending bank has been facing a lot of trouble in recovering its place in the market as the downfall of its shares continues. The bank is failing miserably in order to infuse some capital for its operation and sustaining in the market as it is necessary for the bank to take some action against its downfall of prices which has been continuing from past years. The company has an upper hand in handling the UPI transactions partnered with PhonePe and BharatPe which can also boost their performance if some additional capital is infused in re-building the bank.
The following chart shows the performance of the stock throughout the years as the red cloud has been continuing over past 6 months which shows the bearish trend for the stock in the market. The candlesticks formed are also below the cloud with the conversion line on top of the base line from December. The shares are at their high time low prices along with the continuing bearish trend.



The following graph shows the share price trend of the stock over a year which also shows the downfall of the price from May 2019. The bearish trend for the stock started in May 2019 which has been continuing till date as the bank’s share price has reached 52-week low price of Rs.32 in October 2019. Along with the declining prices, NSE has announced that the shares of Yes Bank Ltd will be scrapped off from Nifty 50 due to its low performance and also it is the only Nifty 50 stocks to trade in two-digit price. The graph also shows the percentage of decline that the share has experienced with its long-lasting bearish trend pushing the share price of the bank to its lowest. 




It is very risky to invest or if you’ve already invested in the private sector lending bank as the financial reports (fundamental) and the technical indicators does not provide positive signals for the bank. It’s not the time to say “Yes” for Yesbank.

Comments

Post a Comment

Popular posts from this blog

WHAT'S IT LIKE TO LIVE IN THE HOSTELS OF CHRIST LAVASA?

-
Image
“From holding the keys for the first time and being nervous to stepping into a doorway of comfort, the hostel rooms are home here.” Life at CHRIST Hostel, Lavasa is beyond the norms of what people perceive as the regular hostel experience. With a unique setup, the Lavasa hostels offer a new-age lifestyle along with security. Students who live in the hostel experience a life less ordinary for several reasons: A diverse community The rooms here are not of the dormitory nature but are in the form of apartments and villas. Students get to interact with people of multiple ethnicities and varied cultural backgrounds while availing themselves of personal space. This not only widens their cultural horizon but helps everyone accept each other, get exposure to different traditions, and have a chance to find their true tribe in this city. “ Truly, North meets South and East meets West here at home. ” Form of independence For most students, the college hostel is the first experience of being alone...
Read more

PANEL DISCUSSION ON LEADERSHIP & ENTREPRENEURSHIP DEVELOPMENT SKILLS

-
Image
The School of Commerce, Finance and Accountancy organized a "Panel Discussion on Leadership and Entrepreneurship Development Skill " on 4th March 2022 at 1:30 PM at CHRIST (Deemed to be University), Pune Lavasa Campus.   Ms Ayushi Chandna student of 6 BCom (Financial Analytics) commenced the session with silent prayer & briefed about the Panel Discussion. This was followed by an introduction about the resource persons by Ms Pretty Rose Sebastian & Mr Shreeyash Goel, Students of 6 BCom (Financial Analytics). The Head of the Department, Dr Vandana Bhagat addressed the session and welcomed the Resource persons. The Session Moderator Dr Jayant Mahajan started with setting the context about the Panel Discussion with his collective years of experience and expertise in the field, Then the First Resource Person Mr Rajiv Chelladurai discussed the Leading Self, Emotional Intelligence, Relationship Builder, Continuous learner and the Problem Solver. The students were asked quest...
Read more

WEBINAR ON ROLE OF DIGITAL MARKETING IN THE PHARMACEUTICAL SECTOR

-
Image
The webinar on “Role of Digital Marketing in the Pharmaceutical Sector” by Dr Manoj Kumar, Senior Vice President and Strategic Business Unit Head with INTAS/Accord Pharmaceuticals was organized by the School of Business and Management (BBA) at CHRIST (Deemed to be University), Pune Lavasa Campus on 16th December 2021.  The guest speaker, Dr Manoj Kumar, endorsed the impact and relevance of digital marketing in the Indian pharmaceutical industry with specific relevance to super-specialists. As doctors may not be available everywhere due to infrastructure and geographical constraints, digital consultancy showed a new way of a career in the pharmaceutical sector during COVID times The pandemic was the time when healthcare workers were praised and called superheroes. We realized how pharmaceutical companies had a big role in this too. From the production of life-saving medicines to covid vaccines, they did it all. But what we do not realize is that marketing had a big role to play in a...
Read more