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Yes Bank gains in volatile trade after good Q3 result

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Capital Market

Yes Bank rose 0.43% to Rs 1,352.10 at 14:49 IST on BSE after net profit rose 30.62% to Rs 882.63 crore on 26.88% rise in total income to Rs 5229.96 crore in Q3 December 2016 over Q3 December 2015.

The result was announced during market hours today, 19 January 2017.

Meanwhile, the S&P BSE Sensex was up 55.29 points or 0.2% at 27,312.93

On the BSE, 2.89 lakh shares were traded on the counter so far as against the average daily volumes of 2.26 lakh shares in the past one quarter. The stock was volatile. The stock had hit a high of Rs 1,356.45 and a low of Rs 1,332.10 so far during the day.

 

The stock had hit a record high of Rs 1,450 on 7 September 2016 and a 52-week low of Rs 632.25 on 20 January 2016. The stock had outperformed the market over the past 30 days till 18 January 2017, rising 17.28% compared with the 3.61% rise in the Sensex. The scrip also outperformed the market in past one quarter, gaining 2.87% as against Sensex's 3.10% decline.

The large-cap private sector bank has equity capital of Rs 423.16 crore. Face value per share is Rs 10.

Yes Bank is one of the leading private sector banks in India.

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First Published: Jan 19 2017 | 2:44 PM IST

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