#YESBANK at 52-week high📈📈
YES Bank is currently trading at 52-week high levels, who would have thought this would happen? Shares of YES bank hit a 10% upper circuit in early trade on Friday gaining for the second consecutive sessions. YES looks to be back on heavy volume trades.
🌟Rationale behind this price appreciation:
➡️ Reports were out that the stock will be upgraded to the Large-cap category from Mid-cap by AMFI.
➡️ Move to NCLT to initiate a corporate insolvency resolution process (CIRP) against Digital Ventures, a wholly-owned unit of #ZEELEARN.
How do you think Yes Bank would perform moving forward?
