Let me talk about both these shares separately. Firstly, let me talk about UPL, formerly known as United Phosphorus, which is a company into the manufacture of agrochemicals. UPL recently acquired Arysta Life Sciences which puts the company among the largest agrochemical companies in the world. Of late the company has seen a fall in price due to the capital outlays involved and the high cost of acquisition. However, this buyout is likely to substantially add to revenues and profits of UPL. Long term, the stock still looks very good and is worth holding on to.

Regarding Yes Bank, I have my own doubts of holding on due to the asset quality issues that the bank faces. In fact, most brokers have also downgraded their target prices for Yes Bank and it also has a huge exposure to bonds issued by Dewan Housing which are in default category. The group also has an exposure to troubled stocks of the Essel Group and the ADAG group which could lead to further losses in the coming quarters. Most of these bonds have been downgraded to Default grade and may require writing off 75% of their value. As of now it looks like there could be more pain for Yes Bank and you should ideally look to get out of the stock and switch to some other banking stock like HDFC Bank, Kotak Bank or RBL Bank where you don’t have asset quality issues.