Tuesday 21 June 2016

Yes Bank hires Goldman Sachs for QIP

Earlier in June 2014, the bank had raised $500 million (Rs2,900 crore) through a QIP.

Yes Bank has hired Goldman Sachs Group Inc. to help the lender raise as much as $1 billion through a so-called qualified institutional placement (QIP) offer, according to reports.
Earlier in June 2014, the bank had raised $500 million (Rs2,900 crore) through a QIP. 

The scrip opened at Rs. 1078 and has touched a high and low of Rs. 1079.05 and Rs. 1072.5 respectively. So far 94763(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 45251.43 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1085 on 07-Jun-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. 1078.3 and Rs. 1047.9 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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