Yes Bank shares jump 2% on large block worth Rs 1,130 crore
The stock was up 1.7% at Rs 29.20 as of 9:50 AM. More than 39 crore shares or 1.39% equity changed hands in the block deal, with a total worth of Rs 1,130 crore.
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The stock was up 1.7% at Rs 29.20 as of 9:50 AM. More than 39 crore shares or 1.39% equity changed hands in the block deal, with a total worth of Rs 1,130 crore.
The lender's recent capital increase will be a welcome relief after attempting to raise cash for the past year.
Stocks of YES Bank rose by 1.40% to ₹14.20 per equity share against the previous close at ₹13.75 per share, in today’s early trade.
The net NPAs dipped consequently to 5.3% of total loans compared to 5.5% in the previous quarter.
The shares of YES bank saw a rise of 2.35% today.
Mumbai's Adani Electricity Ltd. sold shares of Yes Bank through an open market transaction on Thursday.
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