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While the bottom-line growth of Yes Bank seems fascinating the asset quality is still a question.
Yes Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 14.9, up 1.02% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.26% on the day, quoting at 14838.1. The Sensex is at 49675.92, up 1.5%. Yes Bank Ltd has dropped around 8.59% in last one month.
Meanwhile, Nifty Private Bank index of which Yes Bank Ltd is a constituent, has dropped around 1.61% in last one month and is currently quoting at 17451.75, up 2.04% on the day. The volume in the stock stood at 500.08 lakh shares today, compared to the daily average of 974.48 lakh shares in last one month.
The PE of the stock is 0 based on TTM earnings ending December 20.
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