Yes Bank Ltd.

Yes Bank Ltd. Shares Declined 20% On 23rd July 2020

Yes Bank Ltd. Shares Declined 20% On 23rd July 2020:

To begin with, Yes Bank Ltd. shares traded with a 20% loss in today’s Intraday trade. Also, until now, the bank exchanged 49,82,424 shares hands on the counter. 

Moreover, the bank shares started at Rs. 14.60 per equity share on the National Stock Exchange. The stocks reached the Intraday high value of Rs. 16.45 per eq share. Similarly, the Intraday low value of Rs. 14.60 per share.

According to the source, the bank 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. 22,904.61 Cr.

Yes Bank announced its Gross Non-Performing Assets worth Rs. 32,877.59 Cr. Also, the bank Net Non-Performing Assets of Rs. 8,623.78 Cr.

Presently, the bank shares quoted with a price-to-earnings ratio in multiples of -1.12. Similarly, the bank price-to-book value ratio of 0.84.

Stock Market Update: 

Stock Market July 23rd: On Thursday, both Sensex and Nifty seem to trade in a bullish trend in the stock market. The Sensex stood traded gain with 37,931.86 levels and Nifty stood traded gain with 11,167.50 levels. The Sensex raised 60.34 points with a 0.16% gain. Besides, Nifty has raised 34.90 points with a 0.31% gain.

On the other hand, the number of confirmed or coronavirus cases in India reached 12,38,635 as of July 23rd, and deaths reached 29,861.

In the border market, the S&P BSE Midcap index reported a bullish trend in the stock market today. It raised 107.36 points with a 0.79% gain and reached a 13,756.65 level. The S&P BSE Smallcap index raised 78.02 points with a 0.60% gain and reached a 12,995.33 level. However, the Nifty Bank declined 41.05 points with a 0.18% loss and reached a 22,841.55 level. 

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