Technoical analyst Hemen Kapadia has maintained 'sell' rating on YES Bank stock with an intra-day target of Rs 296.

According to analyst, the investors can sell the stock at Rs 302 with a stop loss of Rs 305.

Today, the stock of the bank opened at Rs 302.45 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 388 and a low of Rs 226 on BSE.

Current EPS & P/E ratio stood at 17.55 and 16.99 respectively.

Yes Bank, the country's new age private sector banking institution, entered into a strategic affiliation with National Collateral Management Services Limited (NCMSL) for security direction and warehousing services.

The major aim of these services will be to help manufactures, dealers and agriculturists in funding their capital needs at all phases of the supply chain, ranging from pre-harvesting to the promotion and export phases.

Yes Bank and Shinsei Bank of Japan inked a deal to advice firms on cross-border agreements between the two countries.

``The alliance will play an active role towards further augmenting investment flows into the Indo-Japanese corridor,`` the Yes Bank added.