*YES BANK*
One important point need to be noticed. In case of Yes bank when it was peak MCAP was around INR 80K Crs and today at the Share price of INR 16 its MCAP around 40K Crs. Interesting thing Price came down from 400 to 16. its MCAP is only half (50%) from all time high price.
Please dont be get surprised because their share capital also increased from 463 Crs to 5011 Crs.
So those who are looking their original price come back in few years its impossible task becasue 25 times at CMP means MCAP would be around 10 lacs Crs and it can overtake HDFC bank also. So go with reality and dont see if price is under 20 that doesnt mean Yes bank share is undervalued and too cheap. Although I will say on every rise you can book the profit for those who bought at very lower price like 6-10.
View: This is just my personal view others can take different view / opinions.