YES BANK Surges by 5%; BSE BANKEX Index Up 0.5%
August 16, 2019 12:22 PM

YES BANK share price has zoomed 5% and is presently trading at Rs 81.

Meanwhile, the BSE BANKEX Index is at 31,841 (up 0.5%).

Among the top Gainers in the BSE BANKEX Index today is YES BANK (up 5.5%).

HDFC BANK (down 0.2%) and SBI (down 0.2%) are among the top losers today.

Over the last one year, YES BANK has moved down from Rs 382 to Rs 81, registering a loss of Rs 301 (down 78.8%).

On the other hand, the BSE BANKEX has moved up from 31,671 to 31,841, registering a gain of 170 points (up 0.4%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were ICICI BANK (up 25.9%), KOTAK MAHINDRA BANK (up 16.2%) and AXIS BANK (up 8.6%).

What About the Benchmark Indices?

The BSE Sensex is at 37,384 .

The top gainers among the BSE Sensex stocks today are YES BANK (up 5.5%), MARUTI SUZUKI (up 1.9%) and BAJAJ FINANCE (up 1.7%). Other gainers include AXIS BANK (up 1.3%) and INDUSIND BANK (up 1.2%). The most traded stocks in the BSE Sensex are YES BANK and COAL INDIA.

In the meantime, NSE Nifty is at 11,050 (up 0.2%). YES BANK (up 6.1%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,852 to 37,384, registering a gain of -468 points (up -1.4%).

YES BANK Financial Update...

YES BANK net profit down at Rs 1 billion for the quarter ended June 2019, compared to a loss of Rs 10 billion a year ago. Operating income declined 1.8% to Rs 78.2 billion during the period as against Rs 79.6 billion in April-June 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 6.5x.