Monday 2 May 2016

YES Bank's Flls/RFPls limit increased to 60%


The Reserve Bank of India notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest from existing 49 per cent up to 60 per cent of the paid up capital of Yes Bank under the Portfolio Investment Scheme (PIS).

Yes Bank Ltd is currently trading at Rs. 947.8, up by Rs. 4.15 or 0.44% from its previous closing of Rs. 943.65 on the BSE.

The scrip opened at Rs. 949 and has touched a high and low of Rs. 958 and Rs. 945 respectively. So far 1311312(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 39704.53 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 952.2 on 29-Apr-2016 and a 52 week low of Rs. 590 on 24-Aug-2015. Last one week high and low of the scrip stood at Rs. 952.2 and Rs. 871.45 respectively.

The promoters holding in the company stood at 21.91 % while Institutions and Non-Institutions held 65.51 % and 12.58 % respectively.

The stock is currently trading above its 50 DMA.

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