Hi as I have also invested in yes bank, I think I can answer this… as of now if u check BSE website for yes bank announcement, you can get a clear picture that 90 % of newly shares released in the stock market through FPO(Follow on Public Offer) are sold at 12/- rupees….. as the other 10 % shares are purchased by investors a long time ago. So, this gives a clear picture that the stock may get correction several times as if we check PB ratio it is 1.80, this PB ratio is much more than Axis bank and Icici bank … through this also we can consider there will be a correction.. stock may touch 11–12 rupees again just there is a high possibility.
Yes bank itself is one among the banks which has larger no.of branches and it ahead in providing services in digitalisation mode faster..!! If you're a long term investor, I recommend buying this stock in minimal money so that even it becomes a loss, so that u can bear the loss.!! 3–5 years of minimum investment should be the goal.. and u should track the stock whenever u get free time as ur money is invested in it and u will become a value investor in it after purchasing the stock. I hope if u like my explanation, kindly upvote and encourage so that it may reach many other new investors..!!
Rakesh Jhunjunwala sir (the big bull of Dalal street) he always had a very long vision for any stock he invested in, I think Yes bank is also one among them now, but can't say if he sees no growth he may cut the percent stake and may invest in another. Even a small kid would have read about Rakesh Jhunjunwala sir and his vision for the big bull run in stock market. I respect his vision so much..!!
This is my personal opinion, I recommend to take your own risk and your own decision after reading this .. as it's your hard-earned money..!!
No comments:
Post a Comment