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YES Bank shares hit record high after strong Q2 results

Rise over 2% on BSE, NSE

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Press Trust of India Mumbai
Last Updated : Jan 25 2013 | 5:33 AM IST

Shares of private sector YES Bank today rose over 2% to a record high following 30% growth in its net profit for the quarter ended September 30, 2012.

After making a bullish opening, shares of the bank further climbed 2.3% to a record high of Rs 408.55 on the BSE.

At NSE, the scrip gained 2.26% to scale an all-time high of Rs 408.40.

YES Bank on Tuesday reported 30% growth in net profit to Rs 306.08 crore for the July-September quarter.

The bank had net profit of Rs 235.02 crore in same quarter of the 2011-12 fiscal.

Its income increased to Rs 2,263.13 crore in the second quarter of the current fiscal (2012-13) from Rs 1,652.70 crore in the year-ago period.

Meanwhile, in the broader market, the BSE 30-stock Sensex was at 18,752.92, up 42.90 points at 1107 hrs.

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First Published: Oct 25 2012 | 11:43 AM IST

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