Yes Bank is currently trading at Rs. 56.05, down by 3.45 points or 5.80% from its previous closing of Rs. 59.50 on the BSE.
The scrip opened at Rs. 59.00 and has touched a high and low of Rs. 59.30 and Rs. 55.90 respectively. So far 4717714 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 378.70 on 29-Aug-2018 and a 52 week low of Rs. 53.15 on 22-Aug-2019.
Last one week high and low of the scrip stood at Rs. 65.30 and Rs. 54.70 respectively. The current market cap of the company is Rs. 14753.54 crore.
The promoters holding in the company stood at 19.78%, while Institutions and Non-Institutions held 50.72% and 29.49% respectively.
Global rating agency Moody’s has downgraded Yes Bank’s rating with a negative outlook, citing the lower-than-expected capital raising from the recent QIP issue and the plunging share prices that’s a hurdle in raising more funds. The agency downgraded the bank’s long-term foreign- currency issuer rating to Ba3 from Ba1, which is below investment grade or junk status.
Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.