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Yes Bank Surges 8.4% to 52-Week High Amid Investor Optimism
10 Oct
Summary
- Yes Bank shares hit new 52-week high on October 10, 2025
- Stock has gained 12.5% in October, 16% in past 9 sessions
- Acquisition by Japanese bank SMBC and rating upgrades fuel rally
As of October 10, 2025, Yes Bank's share price has extended its rally, surging 8.4% intraday to hit a new 52-week high of Rs 24.30 per share. The stock's October gains now stand at 12.5%, and it has closed higher in eight of the past nine trading sessions, delivering a cumulative gain of 16%.
The renewed investor interest fueling Yes Bank's upward momentum is driven by several positive developments. In September 2025, Japanese financial major Sumitomo Mitsui Banking Corporation (SMBC) acquired a 24.22% stake in Yes Bank from the State Bank of India (SBI) and other lenders, making it the bank's largest shareholder. SBI continues to hold a significant stake of over 10%. This acquisition is the largest cross-border investment in an Indian private-sector bank to date.
Additionally, Yes Bank has received credit rating upgrades from four domestic agencies - CRISIL, ICRA, India Ratings, and CARE - which have now assigned the bank an AA- rating, the highest level since the reconstruction scheme in March 2020. The bank's September quarter business update also reported growth in both loans and deposits, further bolstering investor confidence.
