Wednesday, 17 July 2019

YESBANK Q1 RESULT UPDATE.

Private sector lender Yesbank turned the corner in June quarter with a Rs 113.76 crore standalone profit against loss of Rs 1,506.64 crore in the previous quarter due to sharp fall in provisions.

However, the profit plunged 91 percent YoY on nearly three-fold increase in provisions and weak asset quality. Lower other income, NII and operating income also dented profitability.

Net interest income during the quarter grew 2.8 percent YoY to Rs 2,281 crore with muted loan growth of 10.1 percent.
Asset quality deteriorated sequentially. Gross non-performing assets as a percentage of gross advances increased 179 bps sequentially to 5.01 percent (Rs 12,092 crore) and net NPA jumped to 105bps QoQ to 2.91 percent (Rs 6,883.27 crore).

The stock closed at Rs 98.45, down 5.25 percent, on the BSE, ahead of June quarter earnings. It has corrected 72 percent in last one year.


57 comments:

  1. What will happen tomorrow Sir

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    1. Currently no view if I get I will share on telegram channel

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  2. Hj sir ji
    113.76 crore standalone profit is it good for the stock or can we see downfall from here

    ReplyDelete
    Replies
    1. Currently no view if I get I will share on telegram channel

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  3. What can be expected tomorrow for yes bank?

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    Replies
    1. Currently no view if I get I will share on telegram channel

      Delete
  4. Sir I am still holding yesbank 90pe..kindly advise...

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  5. What will be of yesbank tomorrow????

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    1. Currently I have no view when I will make I will share on telegram channel

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  6. Sir, if i get some profit in share market i want to move that to mutual funds (SIP) can i know which is good for long term 5 to 10 years for good returns in mutual fund can you name few so that it ll be very help full.

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    Replies
    1. Any of the HDFC fund is good

      HDFC midcap fund
      HDFC growth fund

      Delete
  7. Sir i having yes bank @ 122 what should i do please share your veiw

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  8. Hello sir,
    We all r always make profit by your call and respect u...
    U r great..

    ReplyDelete
  9. Sir,
    I'm holding reliance@1292
    Any target for (t+5) days

    ReplyDelete
  10. I have 420 shares avg @214. What should be done on this?

    ReplyDelete
    Replies
    1. Avg near 70 again if get chance

      If bank will not close than your price will be back

      Delete
  11. Sir,
    Having Yes CE @ 5. Any advice

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  12. Raj Sir..Thanks for your View & Calls Appreciated, your response on your stock updates..

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  13. Hello

    Your All Calls are Awsome and Mindblowing,

    Sir Today I miss the Trident buy call ,

    can I buy tomarrow on opening bell and go with intraday in thay,

    Please Advice.

    Recetly I have join your channel and I have allmost recommended your channel more than 35+ Friends And I will keep this thigs for you.

    Thanks you sir

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  14. You are awesome sir, keep rocking...

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  15. Hi Raj, spice jet call is awesome. Got good profit. Also good on yesbank pe.
    Trident I am holding at 90. Can I add more now and exit by averaging

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  16. Bhai what to do with Yes Bank tomorrow. It will open down for sure. Do you see it breaking previous lows?

    ReplyDelete
    Replies
    1. 88-90 is major support let see tomorrow

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    2. Bhai made good money from Yes Bank 90PE. Sold at 10. I have till now not squared off August 80 PE sold at 4. To hedge the position have bought August 75 PE@ 4.2. Till now 85 has proved to be a good support. Thanks bhai for all the advice.

      Delete
  17. Hi Raj, you have been positive on TATA ELXSI. but the stock seems to be in serious trouble. Is it good for long term investment.

    ReplyDelete
    Replies
    1. Yes that why only said buy in sip mode

      It can reward you great more it fall more cheaper we can get

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    2. Disclaimer - personally also holding in my long term portfolio

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  18. Hi dear,

    Any update on SBI bank?

    ReplyDelete
    Replies
    1. 380-400 is possible but I don't prefer to trade for it if you want you can trade

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  19. Sir
    The article forwarded by you was amazing. All ppl r in hope and want to see the small caps n mid caps to rise again but the question in every one’s mind is whenn???

    ReplyDelete
    Replies
    1. Yes all have same question but reason behind it written in it

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    2. Hello, can v buy 90pe at cmp

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    3. Already suggested at 4 now that trade is gone wait for new trade

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  20. Hi can buy yes bank 90pe at cmp

    ReplyDelete
    Replies
    1. Now result are gone now wait for new fresh trade

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  21. What a wonderful call of Yes bank. I earned 9k in that. Thank you so much. God bless you 🙏

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  22. Will the share price go back up any soon? I am holding Aug CE currently with lot of loss 🙁

    ReplyDelete
    Replies
    1. If fund raising news come than it may be possible

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  23. Thank you Raj,was able to book some profit in yes bank(2.5k) and today's bank nifty call( squared off at 90). Request your view to know how can one estimate the high value for bank nifty calls.

    ReplyDelete
    Replies
    1. Enjoy

      We only trade when there is good opportunity in banknifty

      Delete
    2. Sir I bought rolta at 7 for long.can I hold for 2 to 3 yrs.

      Delete