Recommendation Date : 9-08-2016 , Recommended Price : 1217 tgt 1800+ , time frame 1 : Year .
Yes , we are recommending a stock which has already moved more than 100% since end of 2015.
Yes bank is one of the most promising bank’s in indian banking industry . YES Bank is trading at nearly 40 per cent discount to its peers HDFC Bank, Kotak and IndusInd Bank on one-year forward price-to-book value (economic times)
Bank is undergoing a technology transformation , a lot of key projects are about to complete in next 2 to 3 years.
This means , many new verticals will be opened which will add to Yes Bank’s business and revenue .
Yes bank has maintained extremely good retail loan book and lower NPA’s . If guidances of the management are to be believed . Yes Bank will make you more wealthier in Future!
Say Yes to Yes