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Yes Bank slumps after Q1 earnings

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Capital Market

Yes Bank tumbled 8.6% to Rs 401 at 11:43 IST on BSE after net profit surged 38.15% to Rs 400.84 crore on 30.6% growth in total income to Rs 2839.97 crore in Q1 June 2013 over Q1 June 2012.

The Q1 result was announced during trading hours today, 24 July 2013.

Meanwhile, the S&P BSE Sensex was down 275.75 points or 1.36% at 20,026.88

On BSE, 14.50 lakh shares were traded in the counter as against average daily volume of 6.02 lakh shares in past two weeks.

The stock hit a high of Rs 423.20 and a low of Rs 396.55 so far during the day.

 

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

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First Published: Jul 24 2013 | 11:43 AM IST

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