YES BANK Plunges by 6%; BSE BANKEX Index Down 0.9%
October 26, 2018 09:28 AM

YES BANK share price has plunged 6% and is presently trading at Rs 188.

Meanwhile, the BSE BANKEX Index is at 27,724 (down 0.9%).

Among the top losers in the BSE BANKEX Index today is YES BANK (down 5.8%).

PNB (up 0.8%) and BANK OF BARODA (up 0.7%) are among the top gainers today.

Over the last one year, YES BANK has moved down from Rs 328 to Rs 188, registering a loss of Rs 139 (down 42.5%)..

The BSE BANKEX has moved down from 28,329 to 27,724, loss of 605 points (down 2.1%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were AXIS BANK (up 18.2%), KOTAK MAH. BANK (up 15.8%) and HDFC BANK (up 9.8%).

What About the Benchmark Indices?

The BSE Sensex is at 33,777 (down 0.7%). The top gainers among the BSE Sensex stocks today are TATA MOTORS (up 0.8%), SBI (up 0.4%) and TATA MOTORS DVR (up 0.2%). Other gainer include ADANI PORTS & SEZ (up 0.2%). The most traded stocks in the BSE Sensex are SBI and TATA MOTORS.

In the meantime, NSE Nifty is at 10,122 (down 0.8%). TATA MOTORS (up 1.4%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,042 to 33,777, registering a gain of 735 points (up 1.3%).

YES BANK Financial Update...

YES BANK net profit stood at Rs 13 billion for the quarter ended June 2018, compared to a profit of Rs 11 billion a year ago. Operating income rose 29.7% to Rs 65.8 billion during the period as against Rs 50.7 billion in April-June 2017.

For the year ended March 2018, YES BANK reported 26.9% increase in net profit to Rs 42.2 billion compared to net profit of Rs 33.3 billion during FY17.

Revenue of the company grew 23.4% to Rs 203 billion during FY18.

The current Price to earnings ratio of YES BANK, based on rolling 12 month earnings, stands at 1.9x.