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Yes Bank plummets over 17% in four days

Capital Market 

Yes Bank slumped 12.09% to Rs 56.35, extending recent losses on steep selling pressure.

Meanwhile, S&P BSE Sensex was down 466.33 points or 1.28% at 36,097.55.

Shares of Yes Bank lost 17.85% in four trading sessions to its current market price of Rs 56.35, from a recent closing high of Rs 68.60 on 13 September 2019.

On BSE, 140.78 lakh shares were traded in Yes Bank counter, compared to a 2-week average of 129.50 lakh shares. The stock hit an intraday high of Rs 64.90 and an intraday low of Rs 54.30.

It hit a 52-week high of Rs 328.95 on 19 September 2018 and a 52-week low of Rs 53.15 on 22 August 2019.

Yes Bank's consolidated net profit fell 92.4% to Rs 95.56 crore on a 9.7% increase in total income to Rs 9,105.78 crore in Q1 June 2019 compared with Q1 June 2018.

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.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, September 19 2019. 15:03 IST