YES BANK Surges by 13%; BSE BANKEX Index Up 5.5%
March 27, 2020 10:12 AM

YES BANK share price has zoomed 13% and is presently trading at Rs 33.

Meanwhile, the BSE BANKEX Index is at 24,409 (up 5.5%).

Among the top Gainers in the BSE BANKEX Index today are YES BANK (up 12.8%) and INDUSIND BANK (up 15.9%).

Over the last one year, YES BANK has moved down from Rs 254 to Rs 33, registering a loss of Rs 221 (down 88.2%).

On the other hand, the BSE BANKEX has moved down from 33,441 to 24,409, loss of 9,032 points (down 28.2%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were KOTAK MAHINDRA BANK (up 5.7%).

What About the Benchmark Indices?

The BSE Sensex is at 31,126 (up 2.3%).

The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 15.9%), AXIS BANK (up 11.8%) and SBI (up 7.6%). Other gainers include BAJAJ FINANCE (up 6.3%) and HDFC BANK (up 4.4%). The most traded stocks in the BSE Sensex are RELIANCE IND. and SBI.

In the meantime, NSE Nifty is at 9,039 (up 4.0%). The top gainers in the NSE Nifty include INDUSIND BANK (up 19.7%), AXIS BANK (up 16.5%) and INDIABULLS HOU. FIN. (up 11.0%). Other gainers include SBI (up 9.0%) and BAJAJ FINANCE (up 8.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,233 to 31,126, registering a loss of 7,107 points (down 19.89%).

YES BANK Financial Update...

YES BANK net profit down at Rs 186 billion for the quarter ended December 2019, compared to a loss of Rs 10 billion a year ago. Operating income declined 29.1% to Rs 56.4 billion during the period as against Rs 79.6 billion in October-December 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 down 0.1x.