Yes Bank gained 2.10% to Rs 165.60 at 14:02 IST on BSE after posting 108.74% surge in net profit to Rs 64.50 crore in Q4 March 2008 over Q4 March 2007.
The stock hit a high of Rs 169 and a low of Rs 156.80 so far during the day. The stock had a 52-week high of Rs 277.80 on
The bank’s current equity is Rs 295.79 crore. Face value per share is Rs 10.
The current price of Rs 165.60 discounts its Q3 December 2007 EPS of Rs 7.36 by a PE multiple of 22.5.
Yes Bank’s total income rose 75.86% to Rs 494.30 crore in Q4 March 2008 over Q4 March 2007.
In December 2007, Orient Global, a Singapore-based financial institution led by Richard Chandler, picked up a 4.99% stake in Yes Bank for Rs 331 crore.
Yes Bank provides banking services to large corporate and institutional clients, small and medium sized businesses and retails customers. The bank has 60 operational branches, 75 ATMs and has received RBI approval to set up additional 57 branches and 125 ATMs.
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