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YES Bank tanks 6% ahead of Rs 15,000 crore FPO; what analysts say - Economic Times 16-Jul-2020
YES Bank tanks 6% ahead of Rs 15,000 crore FPO; what analysts say - Economic Times
Nirmal Bang Institutional Equities said the issue is priced at less than 1 time post-infusion FY20 book value and believes that the prevailing price does not reflect the fair value of the stock due to low float and lock-in of shares.
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