Trending stocks: YES Bank shares rise nearly 1% in early trade

NEW DELHI: Shares of YES Bank Ltd. traded 0.92 per cent up in Wednesday's trade at 09:38AM (IST). Around 187727 shares changed hands on the counter. The stock opened at Rs 27.5 and touched an intraday high and low of Rs 27.9 and Rs 27.4, respectively, in the session so far.

The stock quoted a 52-week high of Rs 178.0 and a 52-week low of Rs 5.65.

The bank has hired six investment banks in the first step to shore up its capital position through a share sale. The bank is looking to raise about Rs 10,000 crore by selling shares either through a rights issue, QIP or a follow on public offer depending on market conditons, two people involved in the issue said.


Financials
YES Bank Ltd., incorporated in the year 2003, is a banking company (having a market cap of Rs 34074.53 Crore).

The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 32877.59 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 8623.78 Crore (.00% of total assets).

YES Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 22922.64 Crore to Sales Value (77.37 % of Total Sales), Income From Investment which contributed Rs 6048.42 Crore to Sales Value (20.41 % of Total Sales) and Interest which contributed Rs 256.11 Crore to Sales Value (0.86 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 1.42 per cent stake in the company as of quarter ended 31st Mar 2020.

Valuation ratio
It quoted a price-to-earnings ratio of -2.07 and price to book value of 0.23.