YES BANK Surges by 5%; BSE BANKEX Index Up 1.5%
December 12, 2018 11:39 AM

YES BANK share price has zoomed 5% and is presently trading at Rs 187.

Meanwhile, the BSE BANKEX Index is at 29,665 (up 1.5%).

Among the top Gainers in the BSE BANKEX Index today is YES BANK (up 5.2%).

Over the last one year, YES BANK has moved down from Rs 312 to Rs 187, registering a loss of Rs 125 (down 40.1%).

On the other hand, the BSE BANKEX has moved up from 28,752 to 29,665, registering a gain of 913 points (up 3.2%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were KOTAK MAH. BANK (up 23.1%), AXIS BANK (up 12.4%) and HDFC BANK (up 12.1%).

What About the Benchmark Indices?

The BSE Sensex is at 35,554 (up 1.1%).

The top gainers among the BSE Sensex stocks today are HERO MOTOCORP (up 5.3%), YES BANK (up 5.2%) and TATA STEEL (up 3.4%). Other gainers include BHARTI AIRTEL (up 3.4%) and TATA MOTORS (up 2.9%). The most traded stocks in the BSE Sensex are YES BANK and ICICI BANK.

In the meantime, NSE Nifty is at 10,675 (up 1.1%). HERO MOTOCORP (up 5.1%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,456 to 35,554, registering a gain of 2,098 points (up 6.2%).

YES BANK Financial Update...

YES BANK net profit down at Rs 10 billion for the quarter ended September 2018, compared to a loss of Rs 11 billion a year ago. Operating income rose 42.6% to Rs 72.3 billion during the period as against Rs 50.7 billion in July-September 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.