Shares of YES Bank were trading lower for the third straight session in the afternoon trade on Monday. The stock was down 5 per cent at Rs 133 per share, on concerns of eroding balance sheet strength, rising non-performing assets (NPAs), capital raising concerns and weak visibility of profits.
YES Bank shares, which hit a three-year low on the BSE, was trading at its lowest level since February 29, 2016. In the past three trading sessions, it has fallen 12 per cent as compared to a 1 per cent decline in the S&P BSE Sensex. On the NSE, however, YES