Yes Bank Limited Shares Climbed Around 5% After Q1 Results:
To begin with, Yes Bank Limited shares traded with a 4.99% gain in today’s Intraday trade. Also, until now, the company exchanged 1,35,07,737 shares hands on the counter.
Moreover, the company shares started at Rs. 15.45 per equity share on the National Stock Exchange. The stocks reached the Intraday high value of Rs. 15.78 per eq share. Similarly, the Intraday low value of Rs. 15.34 per share.
According to the source, the company reached its 52-week highest value of Rs. 178.00. Also, it reached the 52-week lowest value of Rs. 5.65. As per the records, the total market capitalization stood at Rs. 38,709.83 Cr.
Moreover, Yes Bank Ltd. obtained Rs. 22,922.64 Cr from its key products or revenue segments along with interest & discount in bills. It obtained Rs. 6,048.42 Cr income form investment and also the interest which contributed Rs. 256.11 Cr.
Furthermore, the net profit of Rs. 40.09 Cr declined by 87.59% from the same quarter a year ago. By the ending in June 2020, the company promoters held 74.99% of its stake, FIIs held a 10.42% stake and DIIs held a 5.29% stake.
Presently, the bank shares quoted with a price-to-earnings ratio in multiples of -2.37. Similarly, the company’s price-to-book value ratio of 0.90.
Stock Market Update:
Stock Market August 19th: On Wednesday, both Sensex and Nifty seem to trade in a bullish trend in the stock market. The Sensex stood traded gain with 38,673.55 levels and Nifty stood traded gain with 11,423.80 levels. The Sensex raised 145.23 points with a 0.38% gain. Besides, Nifty has raised 38.45 points with a 0.34% gain.
On the other hand, the number of confirmed or coronavirus cases in India reached 27,66,626 as of August 19th, and deaths reached 53,014.
In the border market, the S&P BSE Midcap index reported a bullish trend in the stock market today. It raised 110.37 points with a 0.75% gain and reached a 14,767.05 level. The S&P BSE Smallcap index raised 128.88 points with a 0.91% gain and reached a 14,282.89 level. However, the Nifty Bank raised 157.10 points with a 0.71% gain and reached a 22,327.70 level.