For Quick Alerts
For Daily Alerts

Yes Bank Surges 10% On Fund Raising Speculation


Yes Bank shares continue their upward journey with the stock climbing again by 10% to hit an intra-day high of Rs. 56.50 per share on the BSE. There have been speculations doing the rounds that the private sector lender is close to mop up funds.

Yes Bank Surges 10% On Fund Raising Speculation

In the last trading session, Yes Bank was the top Sensex and Nifty gainer.

On October 1, the stock of Yes Bank hit a new 52-week low of Rs. 29.05 per share, declining 23% after reports came in that the promoters have sold 2.16% stake in the bank.

Since then the stock has shown resilience after the management said its financial position is stable and on reports of PE companies showing interest to buy stakes in the lender

On November 1, Yes Bank will announce its second quarterly earnings.

The stock of Yes Bank was last seen quoting at Rs. 55.35, higher by 7.68% or Rs. 3.95 against the previous close of Rs. 51.40

Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more