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Over the last few years, Yes Bank has been very cyclical, and this has drawn the attention of the investors. As the bank continues on its path to recover and consolidate from the losses it has made, many investors are asking whether they should open Yes Bank Limited’s share. In the following article, you will get an overview of Yes Bank’s stock price and the different factors that have caused this finally to differ from that of other products such as HDFC Bank.
Yes Bank Share Price Movement
Yes Bank has also experienced an oscillation in Yes Bank share price in the last year or so as is depicted below. It has been struggling to regain investors’ trust after going through a financial crisis early this year. The restructuring that has been supported by the government, as well as the enhanced financials that have come in the aftermath, have boosted the stock in the last couple of months. Still, it is important to note that the growth of this stock can still be arrested by a number of issues, such as high NPAs and regulatory issues in the future.
Comparing with HDFC Bank Stock Price
On the other hand, HDFC bank has been trading with relatively stable performance in the banking industry. It has been quite rewarding concerning financials and non-performing assets and has proven popular with investors, as evidenced by its improving stock market performances. Due to the bank’s efficiency in recording profits, while also adding more customers, HDFC Bank Stock Price has become preferred for long-term investment.
Taking a look at the financial tables, we can see that Yes Bank is definitely riskier than that of HDFC Bank. Despite this plan giving a possibility for a higher return due to the recovery of Yes Bank, there is a higher standard deviation and risk. HDFC Bank is more reliable; it is safer for an investor who wants to invest cautiously.
Is YES Bank A Good Stock To Invest in Now?
Yes Bank should perhaps be considered by an investor willing to assume higher risk in return for potentially higher returns. Depending on the bank’s recovery strategy and the improvements in the figures noted above, there is the possibility of this business expanding in the future. However, it is necessary to keep up to date with the market and the changes in the regulations that may affect its performance.
Conclusion
Therefore, it must be said that the decision to purchase the shares of Yes Bank largely depends on the investor’s tolerance to risk and financial objectives. Certainly, Yes Bank has bright prospects for recovery, but its quotation has not yet stabilised, and there are still several factors that may affect this bank’s work in the future. In case you’re searching for a safer investment, you can try HDFC Bank. Nonetheless, in case of more risk tolerance, the company could provide a significant upside. Be sure always to first consult and undertake your due diligence and seek the services of a financial planner.
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