Yes Bank gains over 5% in two sessions

Yes Bank rose 1.18% to Rs 376.50 at 11:02 IST on BSE, extending Tuesday's 3.84% rise triggered by the company's strong Q2 September 2013 results.

The bank announced the result during trading hours on Tuesday, 22 October 2013. The stock rose 3.84% to Rs 372.10 on that day. The stock has risen 5.06% in two trading sessions from Rs 358.35 on Monday, 21 October 2013.

Meanwhile, the BSE Sensex was down 121.95 points, or 0.58%, to 20,743.02.

On BSE, 14.55 lakh shares were traded in the counter compared with average volume of 26.97 lakh shares in the past one quarter.

The stock hit a high of Rs 382.20 and a low of Rs 382.20 so far during the day. The stock hit a record high of Rs 547.15 on 20 May 2013. The stock hit a 52-week low of Rs 216.10 on 28 August 2013.

The stock had outperformed the market over the past one month till 22 October 2013, rising 4.45% compared with the Sensex's 2.97% rise. The scrip had, however, underperformed the market in past one quarter, sliding 12.21% as against Sensex's 3.50% rise.

The large-cap private sector bank has an equity capital of Rs 360.50 crore. Face value per share is Rs 10.

Yes Bank's net profit rose 21.25% to Rs 371.13 crore on 30.24% increase in total income to Rs 2947.39 crore in Q2 September 2013 over Q2 September 2012.

Total advances grew by 13.6% to Rs 47717.20 crore, while total deposits grew by 29.2% to Rs 67575.10 crore in Q2 September 2013 over Q2 September 2012.

Current and savings account (CASA) deposits grew by 52.5% to Rs 13776 crore in Q2 September 2013 over Q2 September 2012, taking the CASA ratio to 20.4% as at 30 September 2013, up from 17.3% as of 30 September 2012.

The bank's ratio of net non-performing assets to net advances stood at 0.04% as on 30 September 2013, compared with 0.03% as on 30 June 2013 and 0.05% as on 30 September 2012.

The bank's ratio of gross non-performing assets (NPA) to gross advances stood at 0.28% as on 30 September 2013, compared with 0.22% as on 30 June 2013 and 0.24% as on 30 September 2012.

Provisions and contingencies surged 464.51% to Rs 179.12 crore in Q2 September 2013 over Q2 September 2012.

The bank's Capital Adequacy Ratio (CAR) as per Basel III norms stood at 13.8% as on 30 September 2013, compared with 14.4% as on 30 June 2013.

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