Yes Bank is currently trading at Rs 940.00, up by 24.40 points or 2.66% from its previous closing of Rs 915.60 on the BSE.
The scrip opened at Rs. 917.50 and has touched a high and low of Rs. 941.50 and Rs. 915.00 respectively. So far 231986 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 941.50 on 27-Apr-2016 and a 52 week low of Rs. 590.00 on 24-Aug-2015.
Last one week high and low of the scrip stood at Rs. 941.50 and Rs. 871.45 respectively. The current market cap of the company is Rs. 39416.31 crore.
The promoters holding in the company stood at 21.91% while Institutions and Non-Institutions held 65.51% and 12.58% respectively.
Yes Bank has received its board’s approval to raise over Rs 16,500 crore through issue of equity capital as well as debt securities in one or more tranches. The company’s board has approved raising of funds by way of issuance of equity capital up to $1 billion (Rs 6,650 crore) in one or more tranches on such terms and conditions as it may deem fit subject to approval of the shareholders.
The issuance may be by way of qualified institutions placement (QIP) or any other international offering like global depository receipts (GDRs)/American depository receipts (ADRs), or by any other appropriate mode as decided by the Board or Committee thereof.
The private sector lender reported 27.42% rise in standalone net profit at Rs 702.11 crore for the fourth quarter ended March 2016 as against net profit of Rs 550.99 crore in the corresponding quarter of 2014-15.
