Yes Bank falls despite reporting 80% rise in Q3 consolidated net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Yes Bank is currently trading at Rs. 13.71, down by 0.03 points or 0.22% from its previous closing of Rs. 13.74 on the BSE.
The scrip opened at Rs. 14.20 and has touched a high and low of Rs. 14.24 and Rs. 13.64 respectively. So far 10447032 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 17.55 on 25-Jan-2021 and a 52 week low of Rs. 10.51 on 23-Aug-2021.
Last one week high and low of the scrip stood at Rs. 14.24 and Rs. 13.61 respectively. The current market cap of the company is Rs. 34400.39 crore.
The Institutions and Non-Institutions held 53.72% and 46.28% stake in the Bank respectively.
Yes Bank has reported results for third quarter ended December 31, 2021.
The bank has reported a rise of 76.78% in its net profit at Rs 2664.30 crore for the quarter under review as compared to Rs 1507.10 crore for the same quarter in the previous year. However, total income of the company decreased by 12.11% at Rs 56,320.30 crore for Q3FY22 as compared Rs 64,085.30 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported a rise of 79.95% in its net profit at Rs 2657.60 crore for the quarter under review as compared to Rs 1476.80 crore for the same quarter in the previous year. However, total income of the company decreased by 11.98% at Rs 56,643.30 crore for Q3FY22 as compared Rs 64,358.80 crore for the corresponding quarter previous year.
