Yes Bank: The stock which has given more than 50 per cent return

Yes, you have heard it right, in the last 6 months the shares have given a return of exactly 59 per cent. The stock which closed at Rs 1125.55 on July 5, exactly 6 months from the date was trading at Rs 708.Considering last 6 months, the stock is the largest gainer in the banking sector taking into account both private and public sectors banks. However, in the last 1 year the shares have given a return of 29 per cent, making it a high growth stock. The shares' 52 week high/low stand at Rs 1140/590.

Looking at the banking sector which is muddled in the NPA mess, has seen the worst financial year in this decade. However, the major banks which have struggled are mostly the public sector banks. Yes Bank has poste very good results in Q4FY16. In Q4 the bank has seen a surge in net profit of 27 per cent as compared to the corresponding quarter. Net interest income has increased to Rs. 1,241.44 crore from Rs.977.07 crore last year. Non-interest income, including that from commissions and fees, has risen by 36 per cent to Rs.802.81 crore from Rs.590.44 crore.

Yes Bank, is India's fifth largest private sector bank, co-founded by Rana Kapoor in 2004. Yes Bank is the only bank, which has been awarded the Greenfield Bank licence by the RBI in the last two decades. It is a “Full Service Commercial Bank”, which has steadily built corporate, retail and SME banking franchise, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management business lines across the country.