Yes Bank advanced 8.49% to Rs 682.50 at 15:16 IST on BSE after the bank received approval from Reserve Bank of India for re-appointment of Rana Kapoor as MD & CEO for three years with effect from 1 September 2015.
The announcement was made during trading hours today, 25 August 2015.
Meanwhile, the BSE Sensex was up 253.19 points, or 0.98%, to 25,994.75
On BSE, so far 8.48 lakh shares were traded in the counter, compared with an average volume of 3.49 lakh shares in the past one quarter.
The stock hit a high of Rs 683.30 and a low of Rs 637.75 so far during the day. The stock hit a record high of Rs 910 on 4 March 2015. The stock hit a 52-week low of Rs 535.90 on 26 September 2014.
The stock had underperformed the market over the past one month till 24 August 2015, sliding 22.2% compared with 8.43% fall in the Sensex. The stock also underperformed the market in past one quarter, declining 27.42% as against Sensex's 7.93% decline.
Also Read
The large-cap private sector bank has an equity capital of Rs 418.34 crore. Face value per share is Rs 10.
Yes Bank's net profit rose 27.7% to Rs 551.20 crore on 22.8% growth in total income to Rs 3797.02 crore in Q1 June 2015 over Q1 June 2014.
Yes Bank is India's fifth largest private sector bank. The bank has total branch network of 662 branches as on 30 June 2015, an addition of 32 branches in Q1 June 2015. Total ATM network stood at 1,277 as on 30 June 2015.
Powered by Capital Market - Live News