Friday, March 06, 2020

Yes Bank dips sharply after RBI imposes moratorium on Bank

Yes Bank is currently trading at Rs. 25.80, down by 11.05 points or 29.99% from its previous closing of Rs. 36.85 on the BSE.

The scrip opened at Rs. 33.20 and has touched a high and low of Rs. 33.20 and Rs. 25.80 respectively. So far 705512 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 285.90 on 03-Apr-2019 and a 52 week low of Rs. 25.80 on 06-Mar-2020.


Last one week high and low of the scrip stood at Rs. 37.90 and Rs. 25.80 respectively. The current market cap of the company is Rs. 7052.06 crore.

The promoters holding in the company stood at 8.33%, while Institutions and Non-Institutions held 29.38% and 62.29% respectively.

The Reserve Bank of India (RBI) has imposed a moratorium on the capital-starved Yes Bank and capped withdrawals at Rs 50,000 per account till further orders. The board of Yes Bank has also been superseded with immediate effect. Yes Bank has been grappling with mounting bad loans.

Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.

Watch our Stock Market Target Calls Quality, Track sheet – Click Here or Subscribe us for Stock Market Trading >>>> Stock Cash Tips


No comments:

Post a Comment

Yes Bank at Rs 11 or Rs 30? Here's the stock outlook after 50% rally in two months

  Market experts expect that both investors to bring in vast experience and expertise in the financial domain to handhold Yes Bank for its n...