Yes Bank gains on announcing board meet to raise funds

Yes Bank gains on announcing board meet to raise funds

Yes Bank shares gained in late morning trade after the company's board announced that a board meeting would be held on Jan 10, 2010.

The meeting would be held to discuss and consider raising of funds by issue of equity shares / depository receipts / convertible bonds / debentures / warrants / any other equity linked securities, through permissible modes, subject to necessary shareholders/ regulatory approvals, as applicable, the bank informed.

Stock View:

Yes Bank Ltd is currently trading at Rs45.60 up by Rs0.5 or 1.11% from its previous closing of Rs45.10 on the BSE.
The scrip opened at Rs45.80 and has touched a high and low of Rs47.25 and Rs45.30 respectively. So far 8,76,24,996 (NSE+BSE) shares were traded on the counter.

The current market cap of the company is Rs11,502.63cr.




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