InvestorQ : Is there any chance of Yes bank recovery from the current levels?
Anushri Vasa made post

Is there any chance of Yes bank recovery from the current levels?

Answer
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1 month ago


don’t hope that anything will happen in the short term. The bank has a huge capital base of 2500 crore equity shares. So the bank has to earn Rs.2500 crore to earn a EPS of Rs.1. You can look for some trading profits but too early to bet on the long run.

There are better banks in the market like hdfc bank is available at very reasonable valuations with a super track record of profits. Why would you want to sit and worry about a bank like Yes Bank which has always been speculative at best.