 "The management's commentary on business growth amid the Covid-19 crisis, and its roadmap to raise funds would be tracked by investors.")
Shares of YES Bank tanked 5.2 per cent to Rs 25.2 on the BSE on Wednesday ahead of its March quarter results, slated to be released later today. Analysts expect the private lender to widen its loss on a yearly basis in Q4FY20 amid weak loan growth and narrowing margins.
At 9:33 am, the private lender was trading 3.6 per cent lower at Rs 25.65 apiece. In comparison, the benchmark S&P BSE Sensex was at 31,174.50 level, down 279.01 points or 0.89 per cent. A combined 5.33 million shares have changed hands on the counter on the NSE and BSE
