Yes Bank dips 1.4%;acquires 5% stake in proxy advisory firm IiAS

The bank said that it has purchased 5% stake in proxy advisory firm, Institutional Investor Advisory Service (IiAS).

Yes Bank slipped 1.4% to Rs.747 on BSE. The bank said that it has purchased 5% stake in proxy advisory firm, Institutional Investor Advisory Service (IiAS).

The scrip opened at Rs. 758.25 and has touched a high and low of Rs. 758.25 and Rs. 746.05 respectively. So far 106935(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 31828.27 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 910 on 04-Mar-2015 and a 52 week low of Rs. 590 on 24-Aug-2015. Last one week high and low of the scrip stood at Rs. 761 and Rs. 663.7 respectively.

The promoters holding in the company stood at 21.96 % while Institutions and Non-Institutions held 64.94 % and 13.09 % respectively.

The stock is currently trading below its 200 DMA.