Sunday, May 12, 2013

YES Bank - good potential for growth

I will try to be very brief in this post.

YES Bank

  • January 2012 - Price 270
  • June 2012 - Price 330
  • May 2013 - Price 512

I think this is one stock to be part of core portfolio.

Reason:
  • High growth rate
  • Very good and experienced management
  • CASA grew @ 72% YOY
  • NIM 3%

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