I am planning to buy 10,000 Yes Bank shares at 13.5. What are the chances of it reaching 135 in the next ten years?
Why do you want to invest in such stock? These stocks are very risky, and the past scam in YES Bank doesn't instill any confidence. Although the current management is brilliant but waits till the balance sheet is more attractive.
It's better to invest in other stock which may give you more than 20 times return in long run. This stock only has only a limited potential.
Avoid Yes Bank and don't think it's cheap.
Most of the time cheap stock isn't really cheap and this is one of the main reasons why retail investors lose their money in the stock market.
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