Yes Bank stock stood up at 4 percent settling at a six-day streak run

The share of Yes Bank garnered attention by peeking to 4 percent seeking a lot of volatility. It set up on the run after falling for six-session straight since the declaration of the results in the last quarter that ended on December 31, 2020. The share rose to 4.32 percent on the Bombay stock exchange as it opened on a low of Rs 15.10 and closed its billing on Rs 15.70. In the earlier biding the stock touched a low of Rs 15 against Rs 15.05 recorded previously. 

The shares of Yes Bank commerce higher than 100 day but have been lower than the trading of average day shares such as 20,50,100 and 200-day moving standards. The stock of Yes Bank has sought a peek after a consecutive fall of over a span of six days. The share has depraved 8 percent in one week and 11 percent in a month. Market financing of Yes Bank stood at Rs 39336.20 crore. The stock has touched a high rise of Rs 87.95 and a 52 week stunted price of Rs 5.55.

The net profit of the private lender Yes Bank for the quarter ended on December 31, 2020, was Rs 151 crore against the lurching loss of Rs 18,560 crore in the last quarter of December 2019. In short, the net income of the private lender rose by around 16.5 percent. The capital sufficiency of the bank stood at 19.5 percent in December 2020. It has increased its customer base by adding around 225,000 customers during the quarter and has significantly reduced its Non Performing Assets Ratio to 15.36 percent as of December 31.

The token of private banking through staggered to 0.70 percent on the Bombay Stock Exchange. A 2 percent quarter to quarter growth was also witnessed in the loan book to Rs 1,69,721 crore in the third quarter.  



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