Revealed! Anil Singhvi tells Yes Bank investors strategy they should adopt now

Top Stock Pick: Yes Bank share price closed at Rs 14.10 on the NSE today. The stock has already given almost 17 per cent gains this week. So, should investors keep the stock or sell it? Zee Business channel is virtually inundated with queries on Yes Bank share from apprehensive investors and Managing Editor Anil Singhvi has stepped forward with a simple plan for them to implement. 

Big Brand Value

Singhvi said that it is a no brainier as the new management has now taken over and many big banks have bought Yes Bank shares at Rs 10. There is a new management under the Managing Director (MD) and Chief Executive Officer (CEO) Prashant Kumar. He further said that the focus of the bank is changing now and whatever happened till now is behind us. Even the brand value of the bank is substantial now. 

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अनिल सिंघवी से समझिए यस बैंक में अब क्या हो आपकी स्ट्रैटेजी?#YesBank @AnilSinghvi_ pic.twitter.com/tK2XRqBBv4

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Get Real With Perception of Gain

Yes Bank has recently carried out a Follow-on Public Offer (FPO). The stock was not at all bad from the standpoint of valuation at Rs 12 during the FPO. 

He said that, the problem is that Yes Bank investors are seeing it simply as a Rs 2 gain.  In effect, they are somewhat blind to the gains. What they are missing is that the stock has appreciated by 15-20 per cent! If the stock has risen by this much, it is a good deal and most importantly a risk free return deal, he said. 

At Rs 12 a piece, the FPO was an open-for-all opportunity, the Market Guru said and added that there was no brokerage charge or STT (Securities Transaction Tax). The investors could not have asked for more, Singhvi remarked. 

Gains, Going Forward

Reiterating his stand, Anil Singhvi said that this stock is not among those which may give investors a happy feeling at the moment, but  It will surely earn returns up to 20-25 per cent annually. 

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In Stocks To Buy List 

Investors should buy Yes Bank stock and hold it for some time, said Singhvi. He also advised investors to see the gains in percentage terms. That is an eye-opener, indeed.