The Yes Bank Stock Had A Stellar Run Over The Past Month

The Yes Bank stock had a stellar run over the past month, outperforming benchmark indices by quite a margin.

So the fall in share price after the bank declared its Q1 FY19 earnings is, prima facie, a thumbs down to the numbers.

But a closer look at the numbers suggests that the bank’s performance was fairly in line, with strong business growth and fee income traction. While the interest margin was a disappointment, the outlook is positive.

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