YES BANK Plunges by 5%; BSE BANKEX Index Up 0.6%
June 18, 2019 01:58 PM

YES BANK share price has plunged 5% and is presently trading at Rs 117.

Meanwhile, the BSE BANKEX Index is at 34,285 (up 0.6%).

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

INDUSIND BANK (up 2.0%) and ICICI BANK (up 1.9%) are among the top gainers today.

Over the last one year, YES BANK has moved down from Rs 331 to Rs 117, registering a loss of Rs 214 (down 64.5%)..

The BSE BANKEX has moved up from 29,594 to 34,285, registering a gain of 4,691 points (up 15.9%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were AXIS BANK (up 49.2%), ICICI BANK (up 44.4%) and CITY UNION BANK (up 27.7%).

What About the Benchmark Indices?

The BSE Sensex is at 39,167 (up 0.2%). The top gainers among the BSE Sensex stocks today are VEDANTA LTD (up 2.8%). The most traded stocks in the BSE Sensex are SBI and ITC.

In the meantime, NSE Nifty is at 11,727 (up 0.2%). VEDANTA LTD (up 2.7%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,548 to 39,167, registering a gain of 3,619 points (up 9.9%).

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 2019, YES BANK reported 59.6% decrease in net profit to Rs 17.1 billion compared to net profit of Rs 42.3 billion during FY18.

Revenue of the company grew 46.2% to Rs 296 billion during FY19.

The current Price to earnings ratio of YES BANK, based on rolling 12 month earnings, stands at 3.0x.