Yes Bank shares jumped 16% in 5 days, hitting a new 52-week high. What’s next?

Shares of Yes Bank jumped nearly 3% to hit a new 52-week high on Thursday, as the stock extended a 16% rally in five straight sessions.

A sharp rise in the shares of Yes Bank in the last five days has pushed the market capitalization of the company to Rs. 8,662 crore, which on Thursday was about Rs. 80,912 crore has been reached. In March this year Rs. After touching a 52-week low of 17.20, the stock today traded at Rs. It hit a 52-week high of 25.78, a 50 percent jump in less than three months.

The sharp rally in Yes Bank’s share price came after the lender announced a strategic partnership with Northern Arch Capital that aims to expand access to credit, scale digital lending and offer debt investment opportunities to customers. The stock is up 15% in a week, 17% in a month and 19% so far in 2026. Over the long term, the stock gained 56% in three years and 85% in five years.

Also read: Yes Bank partners with Northern Arc to expand lending offerings

Technical view on Yes Bank

According to LSEG data on average recommendation of 11 analysts, analysts have a ‘Sell’ call on Yes Bank shares. The stock currently has a P/E ratio of around 23x and is trading as one of the top gainers on the Nifty Bank Index today.

Yes Bank’s technical setup has improved, but the risk-reward is no longer as comfortable as it was near the lower end of the range, said Harshal Dasani, business head at INVasset PMS. “The stock has seen a sharp short-term move, supported by strong volume and a breakout above the previous supply zone around Rs 24. It confirms better momentum and indicates that the market no longer views the stock as completely range-bound. The RSI moving into the strong zone also indicates that buyers are in control now,” he said.

The point is that the stock is already at Rs. A key resistance band around 26 is approaching, where supply could re-emerge, according to the analyst, who added that a clean close breakout above this zone would strengthen the structure and extend the recovery, but failure to sustain there could lead to consolidation or profit-taking. “The Rs. 23 to Rs. 24 band is now the key support area. As long as the stock stays above it, the short-term structure remains constructive. A breach of that band would weaken the move and suggest that this sustained trend was more of a velocity-led bounce than a reversal. The honest view is balanced: the chart has improved, but that said the next leg does not need to be confirmed, but an equation is needed.

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Yes Bank Q4 Snapshot

Yes Bank reported a 45% year-on-year rise in net profit in the January-March quarter of FY26 to Rs. 1,068 crore has been recorded. During the quarter under review its net interest income grew by 16% year-on-year to Rs. 2,638 crores.

Net interest margin (NIM) increased by 20 bps to 2.7% while asset quality improved. The gross non-performing assets (NPA) ratio declined by 30 bps to 1.3%, while the net NPA ratio declined by 10 bps to 0.2%.

Also read: Yes Bank Q4 Results

(Disclaimer: Recommendations, suggestions, opinions and views given by experts are their own. These do not represent the views of Economic Times)