YES BANK Plunges by 11%; BSE BANKEX Index Down 1.5%
August 22, 2019 02:10 PM

YES BANK share price has plunged 11% and is presently trading at Rs 68.

Meanwhile, the BSE BANKEX Index is at 31,347 (down 1.5%).

Among the top losers in the BSE BANKEX Index today is YES BANK (down 11.1%).

AXIS BANK (up 0.4%) is among the top gainer today.

Over the last one year, YES BANK has moved down from Rs 391 to Rs 68, registering a loss of Rs 323 (down 82.7%)..

The BSE BANKEX has moved down from 31,964 to 31,347, loss of 617 points (down 1.9%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were ICICI BANK (up 18.6%), KOTAK MAHINDRA BANK (up 17.8%) and CITY UNION BANK (up 6.4%).

What About the Benchmark Indices?

The BSE Sensex is at 37,088 (down 0.9%). The top gainers among the BSE Sensex stocks today are TCS (up 2.1%). The most traded stocks in the BSE Sensex are ITC and AXIS BANK.

In the meantime, NSE Nifty is at 10,908 (down 1.2%). BRITANNIA (up 2.9%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,286 to 37,088, registering a gain of -1,198 points (up -4.0%).

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 4.7x.