Yes Bank Share Price Climbs to Rs. 24.30, Surges Over 8% on Positive Q2 and SMBC Stake

Overview

• Yes Bank share price reached a 52-week high of Rs. 24.30, gaining 7.05% today, reflecting strong market confidence.

• SMBC acquired a 24.22% stake, making it Yes Bank’s largest shareholder and driving cross-border growth potential.

• Q2 business growth shows loans up 3.9% QoQ, deposits up 7.9% YoY, and CASA ratio at 33.8%, highlighting operational strength.
  

Yes Bank share price today surged to Rs. 24.30, a 52-week high. The stock gained 8.4% in intraday trading, reflecting strong investor interest and positive market sentiment. With October returns already at 12.5%, Yes Bank shares are on their strongest run in recent months. Let’s explore a Yes Bank share price analysis based on Moneycontrol data.

Strong Weekly Performance

Over the last nine trading sessions, Yes Bank share price has closed higher in eight of them, resulting in a cumulative gain of 16%. For the week ending October 10, the stock is up by 9.3%, putting it on track to post its biggest weekly gain since May, when it surged 13.11%. This price hike highlights the renewed confidence in the bank’s growth prospects and market positioning.

Key Drivers Behind the Price Surge

Many factors have fueled Yes Bank stock’s recent rally. One of those is the strategic stake acquisition by Sumitomo Mitsui Banking Corporation (SMBC). Last month, SMBC acquired a 24.22% stake from State Bank of India (SBI) and other investors, making it Yes Bank’s largest shareholder. SBI continues to hold a significant stake of over 10%.

The cross-border investment was a milestone for an Indian private-sector bank, signaling strong foreign confidence. Yes Bank plans to use SMBC’s global expertise to strengthen corporate banking, treasury services, and cross-border solutions, specifically in India and Japan.

Also Read: Stock Market Today: Sensex Trades at 82,503, Nifty at 25,285 as SBI, Cipla, and Yes Bank Shine

Analyst Sentiments

Investor sentiment has also been bolstered by domestic credit rating agencies. Four leading agencies, CRISIL, ICRA, India Ratings, and CARE, have assigned Yes Bank an AA- rating, the highest since the reconstruction scheme in March 2020. This rating reflects the bank’s strengthened financial position and stable outlook, further supporting the stock’s upward trajectory.

Business Growth and Q2 Highlights

Yes Bank Q2 results showed healthy growth. The loans and advances of the bank have risen 3.9% quarter-on-quarter to Rs. 2,50,586 crore, while deposits rose 7.9% year-on-year to Rs. 2,96,831 crore.

Yes Bank’s current-account savings-account (CASA) ratio stood at 33.8% at the end of September, with CASA balances increasing 13.2% year-on-year to Rs. 1,00,263 crore. These figures showed the bank’s improving operational efficiency and ability to attract low-cost deposits.

Current Market Performance

Yes Bank share price reached Rs. 24, up 7.05% from its previous close of Rs. 22.42, with an opening price of Rs. 22.45. The stock traded with a volume of 426.15 million shares worth Rs. 102,403.86 lakh. The 52-week high of Rs. 24.30 and low of Rs. 16.02 show huge recovery from historical lows.

Yes Bank share price chart on Moneycontrol shows gains of 7.14% as of 7.14%:

Yes Bank shares’ market capitalization is at Rs. 75,390 crore. The stock currently has a P/E ratio of 27.62, reflecting healthy valuation metrics compared to sector peers.

Outlook

Yes Bank share price’s impressive rally is being driven by strategic foreign investment, rating upgrades, and robust business performance. The stock’s consistent gains over the last few weeks show strong market confidence, with analysts hopeful about its growth trajectory. With institutional support and a solid CASA ratio, Yes Bank stock is well-positioned to sustain its upward momentum in the coming months.

Also Read: Stock Market Update: Sensex, Nifty 50 Likely to Open Lower Amid Mixed Global Cues; Bank Nifty Shows Strength

FAQs

1. What is the current price of Yes Bank shares? 

Yes Bank shares stand at Rs. 24.30, reaching a 52-week peak. The stock has increased by 7.05% today, indicative of solid investor emotions and a number of favorable pieces of news, including foreign investment strategies.

2. Why are Yes Bank shares increasing today? 

The share price is climbing due to several reasons: SMBC acquiring a 24.22% stake in Yes Bank, positive ratings from CRISIL, ICRA, India Ratings and CARE, and healthy Q2 growth in key metrics: loans, deposits and CASA ratio.

3. What are the implications of SMBC’s stake in Yes Bank? 

SMBC is now the single largest stakeholder in Yes Bank. Their acquisition of shares adds to the confidence from a foreign stakeholder. Yes Bank will now have the unique opportunity to leverage SMBC's expertise in corporate banking, treasury services and cross-border solutions, particularly between India and Japan.

4. How has Yes Bank performed over the week? 

Yes Bank has advanced in price on 8 out of the last 9 trading sessions, cumulatively up nearly 16%. As of the week ending Oct 10, Yes Bank is up 9.3% week-to-date and is set to record its largest weekly gain since May 2025.

5. Should investors find Yes Bank’s current valuation appealing? 

Yes Bank is currently valued at a market cap of Rs. 75,390 crore with a P/E ratio of 27.62 and operational metrics that are quite strong, including a CASA ratio of 33.8%. Thus, it has a solid growth outlook and appears to be attractive for long-term investors, despite the bank's prior turbulence.