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Yes Bank falls despite reporting 43% rise in Q2 consolidated net profit
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Yes Bank is currently trading at Rs. 16.68, down by 0.60 points or 3.47% from its previous closing of Rs. 17.28 on the BSE.
The scrip opened at Rs. 17.42 and has touched a high and low of Rs. 17.44 and Rs. 16.56 respectively. So far 35237877 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 24.75 on 14-Dec-2022 and a 52 week low of Rs. 14.40 on 13-Mar-2023.
Last one week high and low of the scrip stood at Rs. 17.85 and Rs. 16.56 respectively. The current market cap of the company is Rs. 47940.56 crore.
The Institutions and Non-Institutions held 64.10% and 35.90% stake in the bank respectively.
Yes Bank has reported 47.37% rise in its net profit at Rs 225.21 crore for second quarter ended September 30, 2023 (Q2FY24) as compared to Rs 152.82 crore for the same quarter in the previous year. Total income of the bank increased by 24.76% at Rs 7,920.68 crore for Q2FY24 as compared Rs 6,348.53 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 42.53% rise in its net profit at Rs 228.64 crore for Q2FY24 as compared to Rs 160.41 crore for the same quarter in the previous year. Total income of the bank increased by 24.59% at Rs 7,980.61 crore for Q2FY24 as compared Rs 6,405.72 crore for the corresponding quarter previous year.
