Yes Bank share price soars nearly 12% in April. Is this the beginning of a bigger comeback?

Yes Bank share price rose 1% to ₹19, marking its fifth consecutive gain. The bank reported a net profit of ₹738.1 crore in Q4FY24, a 63.3% YoY increase, improving asset quality metrics significantly. KIE, however, retained a ‘Sell’ rating on Yes Bank shares amid valuation concerns.

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