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Yes Bank shares fall 13% as brokerages remain bearish on capital raising concerns

Updated : January 14, 2020 03:45 PM IST

Shares of Yes Bank fell 13 percent in intra-day deals on Tuesday as brokerages remained bearish on the stock amid uncertainties over capital raising plans.
Kotak Institutional Equities maintained a 'sell' call on the stock and cut its target to Rs 40 from Rs 55 per share.
Morgan Stanley has also retained an underweight call on the stock with a target at Rs 25 per share.
Yes Bank shares fall 13% as brokerages remain bearish on capital raising concerns
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