In the recent times, despite the extreme distress of the stock market, several stocks have given huge returns to investors (Stock To Invest). There are also several penny stocks in that list. Although there are many who are not investing in those stocks and are paying today. However, there is no reason to worry today. Popular brokerage firm Ventura Securities has confidence in a stock. Experts of this brokerage firm claim that the price of this stock will increase a lot in the coming days. This will fill the pockets of investors.
If you put money in this stock, the investor will fill the pockets!
Brokerage firm Ventura Securities has confidence in Yes Bank stock for the new year. This brokerage firm says that even in the coming days, Yes Bank stock will give big returns to investors. According to the company, this stock will give investors a return of 47 percent or more in the next 24 months or two years. The brokerage firm has already fixed the price of this stock.
First of all, before the stock market closed today, Thursday, the price of this stock was Rs 21.69. However, this brokerage firm claims that the stock of Yes Bank will reach Rs 32 in the next 24 months. Experts of this brokerage firm believe that the price of this stock will increase further.
Needless to say, Yes Bank has earned a huge amount of profit from its business in the past few days. According to the report, the net profit of this company in the third quarter of the current financial year has increased by 55.4 percent to Rs 952 crore. Even after excluding the gratuity cost of Rs 155 crore due to the new labor law, the profit of this company has finally stood at Rs 1068 crore.
That is, the annual dividend has increased by 74.4 percent. Mainly for all these reasons, this brokerage firm believes that the stock price of this company can increase a lot in the coming days. Not only that, but popular brokerage firm Ventura is advising investors to buy the stock as soon as possible by giving a buy rating to Yes Bank’s stock.
Must read –Post-Marriage Ration Problems Solved, New Facility Introduced, Read Details
(Note: Investing in the stock market is subject to financial risk. Do not invest in any stock just by reading this report. This news is mainly prepared to convey information related to the stock market to the readers. Take expert advice before making any decision regarding employment.)