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Yes Bank gains on recovering Rs 645 crore of Religare exposure

Yes Bank is currently trading at Rs. 40.20, up by 0.20 points or 0.50% from its previous closing of Rs. 40.00 on the BSE.

The scrip opened at Rs. 41.00 and has touched a high and low of Rs. 41.40 and Rs. 40.05 respectively. So far 1153555 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 285.90 on 03-Apr-2019 and a 52 week low of Rs. 29.05 on 01-Oct-2019.

Last one week high and low of the scrip stood at Rs. 45.55 and Rs. 37.00 respectively. The current market cap of the company is Rs. 10201.33 crore.

The promoters holding in the company stood at 19.78%, while Institutions and Non-Institutions held 50.72% and 29.49% respectively.

Yes Bank has recovered Rs 645 crore of Religare exposure through sale of a 6.77% block of Fortis Healthcare shares.

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.