Why YES Bank share fell 13% today
Share of YES Bank lost 13.40% to Rs 12.60 against previous close of Rs 14.55 on BSE. Market cap of the lender fell to Rs 34,826 crore
BusinessToday.In | May 3, 2021 | Updated 12:00 IST
YES Bank share is trading lower than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. The share has fallen 50.34% in one year and lost 22.28% since the beginning of this year.
YES Bank share crashed over 13% on Monday after the lender reported a Rs 3,790 crore loss in the March quarter against a profit of Rs 2,665 crore in the year-ago period. Losses rose on deterioration of asset quality faced due to the COVID-19 pandemic which forced the bank to set aside money for potential loan losses.
Why YES Bank share fell over 3% today
YES Bank stock lost 3.14% to Rs 15.40 against previous close of Rs 15.90. Market cap of the lender fell to Rs 39,210 crore on BSE
BusinessToday.In | March 15, 2021 | Updated 14:54 IST
YES Bank share is trading lower than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
YES Bank share fell over 3% today amid a report that the Reserve Bank of India rejected the lender s plea to set up an asset reconstruction company for bad loans. YES Bank stock lost 3.14% to Rs 15.40 against previous close of Rs 15.90 on BSE. YES Bank share is trading lower than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.