RXIL is a joint venture company setup by NSE Strategic Investment Corporation Limited and Small Industries Development Bank of India.
Yes Bank Ltd has informed BSE that Bank has executed a ''Share Subscription and Shareholders' Agreement" agreeing to subscribe for 20,00,000 equity shares of Receivables Exchange of India Limited (RXIL) which is equivalent to 8% of the post-issue paid-up capital of RXIL, as per the terms of the aforesaid agreement.
RXIL is a joint venture company setup by NSE Strategic Investment Corporation Limited and Small Industries Development Bank of India.
Yes Bank Ltd is currently trading at Rs. 1049.7, up by Rs. 9.4 or 0.9% from its previous closing of Rs. 1040.3 on the BSE.
The scrip opened at Rs. 1036 and has touched a high and low of Rs. 1050.45 and Rs. 1036 respectively. So far 13883(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 43796.43 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. 1085 and Rs. 1036.75 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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