BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
It becomes tricky to assess Yes Bank Ltd., from a stock call perspective, especially during its consolidation/turnaround phase, post the reconstruction (and re-emergence) with solid backing from the country’s most trusted bank, State Bank of India.
Henceforth, it calls for evaluation and assessment quite differently and distinctly.
Q2 FY21 earnings call takeaways - Yes Bank reported profit after tax of Rs 1.29 billion (up 185% QoQ on a low base while it had reported a loss of Rs 6 billion in Q1 FY20).
Moving in positive direction despite reconstruction of bank plus impact of Covid-19 disruption – it is progressing very well since March 2020.
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