Yes Bank Shares Rally Before Quarterly Results
Yes Bank shares experienced strong buying activity on Friday. This surge came just one day before the bank's third quarter results for 2026 were scheduled for announcement.
The stock opened with an upward gap at ₹23 per share on the National Stock Exchange. It climbed to an intraday high of ₹23.67, marking a gain of more than three percent during the trading session.
Market Expectations Drive Buying Interest
Stock market experts attribute today's price movement to positive expectations surrounding the upcoming financial results. The market anticipates stable to mildly positive numbers when Yes Bank reveals its performance tomorrow.
Analysts believe the private lender will report encouraging figures. Their confidence stems from steady balance sheet expansion observed during the October to December quarter of 2025. An improving funding profile has provided additional support.
Technical charts indicate strength in Yes Bank's current share price. Market watchers suggest that any positive surprise in tomorrow's results could propel the stock toward ₹28 levels.
Analyst Insights on Q3 Expectations
Seema Srivastava, Senior Research Analyst at SMC Global Securities, shared her perspective on market estimates. She expects results to range from stable to mildly positive.
"The bank's performance should benefit from steady balance sheet expansion and an improving funding profile," Srivastava noted.
She pointed to the Q3 business update which showed sustained loan book growth across multiple segments. Retail, MSME, and corporate areas all demonstrated gradual normalization of business momentum.
Deposit growth during the quarter suggests improving customer confidence. Sequential improvement highlights better traction in liability mobilization efforts.
The rising CASA ratio serves as a positive indicator for funding quality and cost of funds. This improvement should support core operating performance moving forward.
Srivastava emphasized that Yes Bank's credit-to-deposit ratio remains at comfortable levels. This indicates balanced growth between assets and liabilities. Adequate liquidity coverage reflects prudent management despite some moderation compared to earlier periods.
These trends suggest the bank continues prioritizing stability and balance sheet strength as it builds scale.
Core earnings should benefit from stable net interest income. Loan growth and a better funding mix will provide support, even as margin expansion may proceed gradually.
Asset quality is expected to remain steady with no major stress anticipated. This should keep credit costs under control. Overall profitability will likely continue improving, aided by operating leverage and disciplined cost management.
Key aspects for investors to monitor include:
- Management commentary on loan growth sustainability
- Deposit mobilization strategy
- Margin trajectory
- Progress toward long-term profitability normalization
Share Price Targets and Trading Strategy
Mahesh M Ojha, AVP of Research at Kantilal Chaganlal Securities, provided technical analysis and trading recommendations.
"Yes Bank shares have established strong and crucial support at ₹21.40 per share," Ojha stated.
The banking stock currently faces resistance at ₹24.50. A closing break above this level could trigger movement toward ₹25.90 and potentially ₹28.
Ojha suggested that high-risk investors consider buying at current levels. They should maintain a buy-on-dips strategy as long as the stock remains above ₹21.40.
Investors must maintain a strict stop loss at ₹21.20 on a closing basis. This applies whether taking fresh positions or holding existing ones in Yes Bank stock.
Disclaimer: This story serves educational purposes only. The views and recommendations above belong to individual analysts or broking companies, not Mint. We advise investors to consult certified experts before making any investment decisions.
