Yes Bank drops after announcing Q1 results

Yes Bank dropped 0.27% to Rs 1,197 at 12:07 IST on BSE after net profit rose 32.76% to Rs 731.80 crore on 25.43% rise in total income to Rs 4762.83 crore in Q1 June 2016 over Q1 June 2015.

The result was announced during market hours today, 27 July 2016.

Meanwhile, the S&P BSE Sensex was up 3.77 points or 0.01% at 27,980.29.

On BSE, so far 3.12 lakh shares were traded in the counter as against average daily volume of 2.57 lakh shares in the past one quarter. The stock hit a low of Rs 1,176.25 so far during the day. The stock hit a high of Rs 1,214, which is also a record high for the stock. The stock had hit 52-week low of Rs 590 on 24 August 2015. The stock had outperformed the market over the past one month till 26 July 2016, surging 11.14% compared with 5.98% rise in the Sensex. The scrip had also outperformed the market in past one quarter, advancing 2.58% as against Sensex's 7.57% rise.

The large cap private sector bank has equity capital of Rs 421.16 crore. Face value per share is Rs 10.

Yes Bank is a private sector bank with a pan India presence.

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