Time to say "YES" To Yes Bank....Medium Term Target - 81
While the stock has been in the news for all the wrong reasons and those who go strictly by the fundamentals & averse to corporate governance issues etc may not necessarily agree with my view point. But there comes a point in any stock, where the risk reward ratio becomes quite favourable (although just like in life, nothing is guaranteed in the stock market too). I would recommend a buy on the stock at current levels of around 38.65 for a medium target of 81.
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