YES BANK Plunges by 5%; BSE BANKEX Index Down 0.8%
May 6, 2019 02:14 PM

YES BANK share price has plunged 5% and is presently trading at Rs 172.

Meanwhile, the BSE BANKEX Index is at 33,250 (down 0.8%).

Among the top losers in the BSE BANKEX Index today is YES BANK (down 5.1%).

FEDERAL BANK (up 3.3%) and ICICI BANK (up 0.3%) are among the top gainers today.

Over the last one year, YES BANK has moved down from Rs 354 to Rs 172, registering a loss of Rs 182 (down 51.4%)..

The BSE BANKEX has moved up from 28,679 to 33,250, registering a gain of 4,571 points (up 15.9%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were ICICI BANK (up 43.0%), AXIS BANK (up 40.5%) and SBI (up 27.7%).

What About the Benchmark Indices?

The BSE Sensex is at 38,719 (down 0.9%). The top gainers among the BSE Sensex stocks today are TCS (up 1.0%). The most traded stocks in the BSE Sensex are ICICI BANK and ITC.

In the meantime, NSE Nifty is at 11,633 (down 1.0%). BPCL (up 1.9%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,103 to 38,719, registering a gain of 3,616 points (up 10.0%).

YES BANK Financial Update...

YES BANK net profit down at Rs 15 billion for the quarter ended March 2019, compared to a loss of Rs 10 billion a year ago. Operating income declined 1.3% to Rs 78.6 billion during the period as against Rs 79.6 billion in January-March 2018.

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 4.5x.