Shares of surged 8.39 per cent on Friday to touch a one-year high of Rs 24.30, before settling 7.14 per cent up at Rs 24.02. With this close, the stock has gained 40.06 per cent over the past six months.

The recent rally comes on the back of a significant stake acquisition by Japanese financial major Sumitomo Mitsui Banking Corporation (SMBC) and the anticipation of the private lender's second-quarter (Q2) results scheduled for October 18, 2025. Advertisement

In September, SMBC acquired a 24.22 per cent stake in YES Bank from lenders including SBI, HDFC Bank, Federal Bank, Bandhan Bank and CA Basque Investments, an affiliate of global investment firm Carlyle Group. The Japanese financial conglomerate now holds 759.51 crore shares in the bank.

From a technical standpoint, analysts highl

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