On 11th March 2008, the Yes Bank Stock opened with a market Rs. 184.50 and around 227.7 K shares of the bank were sold till 4.37 P.M. Yes bank mainly operates two sections namely Treasury and Other Banking Operations. The average daily volume of the stocks of Yes Bank since its listings on the stock exchanges has been 468,722 shares.
A Short Note on Yes Bank-
Yes Bank offers various banking and financial solutions to the Indian customers. The two operating sections of Yes Bank are Treasury and Other Banking Operations. The treasury section deals with activities in financial market which are basically taken up on behalf of the customers and maintenance of reserve requirements, proprietary trading, along with resource rising from other banks and financial institutions. Among the "Other Banking Operations" are corporate, business, retail, investment, and transaction banking businesses along with distribution activities for third party products.
Yes Bank Stock Value as at 4:37 PM on 03/11/08-
The stocks of Yes Bank opened at market price of Rs. 184.50 on 3rd march, 2008 and went up to Rs. 204.20 on the same day. This is the maximum value received by the Yes Bank per stock till 4:37 P.M. The lowest stock value for
Yes Bank has been Rs. 179.80 till the time mentioned. The highest value per stock of Yes Bank in the past one year was achieved on 01/10/08 and was Rs. 277.80 and the lowest value in the past one year occurred on 03/14.07 was Rs. 120.40. The volume of stocks traded on 3rd March 2008 was 227.7 K till 4.37 P.M and the market cap stood at 57.4B.
Important Aspects of Yes Bank Stock-
- The Yes Bank stock has traded around 35 times its estimated Financial Year 2008 earnings per share and around 55 times its earnings in Financial Year 2007.
- The FII Holding for the year ended 2006 stood at 15.2%.
- Since its listings in the stock exchanges, the average daily volume of the stocks of Yes Bank has been 468,722 shares.
- Yes Bank had NIMs between 2.5% to 3% in the past two years as has been reported in the year ended 2006.
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