YES Bank, a private sector lender, reported a net profit of Rs 342.52 crore in the first quarter of the current fiscal year (Q1 FY23), representing a 10.26% increase from the previous year’s Q1 profit of Rs 314.3 crore. The bank’s earnings were announced on Saturday, July 22, 2023.
Following the earnings announcement, the stock of YES Bank saw some fluctuations in its price. In the previous trading session, the stock closed 1.86% higher at Rs 18.06 on the BSE, compared to the previous day’s closing price of Rs 17.73. The stock reached an intraday high of Rs 18.18, marking a 2.53% increase, and an intraday low of Rs 17.60, reflecting a 0.73% decline on the BSE.
Over the past year, the YES Bank stock has shown some volatility in its performance. It has gained 26.38% over the course of one year, but in the year 2023, it has experienced a loss of 16.58%. However, in the last month, the stock has performed well, gaining 11.41%.
