Yes Bank Hits 52-week High As SMBC Stake Boosts Sentiment

Mumbai, October 10, 2025: Yes Bank Limited’s share price is witnessing a significant rally today, after the company announced that Sumitomo Mitsui Banking Corporation (SMBC) recently bought a 24.22% stake in the company. The stock has hit its all-time high of ₹24.30. As of 2:30 PM, the shares were up by 7%, or 1.57 points, and were trading at ₹23.99. Until now, the shares have traded within a range of ₹24.30 and ₹22.42. The traded volume stood at 46.04 crore shares, with the company’s market cap at ₹70,337 crore. The shares have their 52-week high at ₹24.30 (made today), and 52-week low at ₹16.02.

Yes Bank Limited is an Indian private sector bank that offers financial services to retail customers, institutions, corporate, etc. The company was established in 2003 and is headquartered in Mumbai, Maharashtra. The shares of the company are listed on NSE with the ticker symbol YESBANK and on BSE with the code 532648.

Key Trigger: SMBC 24.22% Stake Buy

The significant rally in the share price comes after the company announced that Sumitomo Mitsui Banking Corporation (SMBC) recently bought a 24.22% stake in the company. Furthermore, investor sentiments are also high ahead of the bank’s upcoming Q2 FY26 earnings on October 18.

Japanese financial giant SMBC acquired a 24.22% stake in YES Bank in September 2025. SMBC bought the stake from a consortium of domestic lenders, including SBI, HDFC Bank, Federal Bank, Bandhan Bank, and CA Basque Investments (Carlyle Group affiliate). After the acquisition, SMBC now holds approximately 759.51 crore shares in the bank.

The acquisition has fueled investor sentiment, with the share price hitting a 52-week high. Investors are also hopeful that the company’s upcoming financials will be positive, marking a major turnaround in regard to the company’s financial health.

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations