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Yes Bank declines despite turning black in Q3FY21

25 Jan 2021 Evaluate

Yes Bank is currently trading at Rs. 16.40, down by 0.60 points or 3.53% from its previous closing of Rs. 17.00 on the BSE.

The scrip opened at Rs. 17.45 and has touched a high and low of Rs. 17.55 and Rs. 16.20 respectively. So far 19920360 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 87.95 on 18-Mar-2020 and a 52 week low of Rs. 5.55 on 06-Mar-2020.

Last one week high and low of the scrip stood at Rs. 18.15 and Rs. 16.20 respectively. The current market cap of the company is Rs. 41215.32 crore.

The Institutions and Non-Institutions holding in the company stood 62.35% and 37.65% respectively

Yes Bank has reported net profit of Rs 150.71 crore for the quarter ended December 31, 2020 against net loss of Rs 18,560.31 crore for the same quarter in the previous year. Total income of the bank increased by 3.99% at Rs 6,518.37 crore for Q3FY21 as compared Rs 6,268.50 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported net profit of Rs 147.68 crore for the quarter ended December 31, 2020 against net loss of Rs 18,564.24 crore for the same quarter in the previous year. Total income of the bank increased by 3.94% at Rs 6,545.72 crore for Q3FY21 as compared Rs 6,297.43 crore for the corresponding quarter previous year.

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