INSUBCONTINENT EXCLUSIVE:
Yes Bank share price: Till Wednesday, Yes Bank shares were down9.43% so far this monthYes Bank shares plunged nearly 20 per cent on
Thursday, a day after the private sector lender reported its earnings for the April-June period
In a regulatory filing after market hours on Wednesday, Yes Bank reported a 91 per cent fall in its net profit to Rs 113.76 crore compared
with the the corresponding period a year ago
three-month period ended June 30, news agency Reuters reported citing Refinitiv data.On the National Stock Exchange (NSE), Yes Bank shares
the earnings miss might trigger some correction in the stock in the near term."Yes Bank quarterly numbers are bad
We had expected the bank to report net profit of Rs
170-180 crore and it is very bad compared to expectations," Avinash Gorakshakar of Joindre Capital told TheIndianSubcontinent on
traded 9.76 per cent lower at Rs 88.80 apiece on the NSE, sharply underperforming the benchmark Nifty index which was down 0.17 per cent
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