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Amid Imminent Share Supply Post Lock-In Expiry, How Should One Trade Yes Bank Stock?

Amid Imminent Share Supply Post Lock-In Expiry, How Should One Trade Yes Bank Stock?

BusinessToday.In
BusinessToday.In
  • New Delhi,
  • Mar 13, 2023,
  • Updated Mar 13, 2023, 4:17 PM IST

 

Yes Bank shares plunged over 12% on Monday, falling to a low of Rs 14.40 intraday the lock-in period for the consortium of 8 lenders led by the State Bank of India (SBI), who invested in YES Bank in 2020, is expiring today. As of Friday, the stock has fallen 5% so far in March, following a meagre 1% gain in February and 16% losses in January. Tune in to watch Avinnash Gorakshakar shares what should be investors' strategy on the stock.

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