Yes bank did wonders, made tremendous profit of 164%!
Yes bank has performed brilliantly in the december quarter and recorded a profit of 164.5 percent. The bank earned a net profit of Rs 612.27 crore in the period from october to december 2024, while this figure was Rs 231.46 crore in the same quarter last year.
At the same time, Yes Bank's net NPA remained unchanged at 0.5 per cent on a quarter-on-quarter basis and gross NPA also remained unchanged at 1.6 per cent on a QoQ basis. In the quarterly results, the bank's standalone NII grew 10.2 per cent year-on-year to Rs 2,224 crore. Also, the bank's PPOP grew 24.9 per cent year-on-year to Rs 1,079 crore.
What is the condition of the stock?
On Friday, december 24, Yes bank shares fell by 1.19 percent. On this day, after the opening of the stock market, it went up to Rs 18.61 and then fell. By the time the market closed, the price of Yes bank shares was Rs 18.25. Experts believe that after the market opens on Monday, the effect of the december quarter results can also be seen on its shares.
How are the fundamentals of the stock?
Talking about the fundamentals of Yes bank, its current market cap is Rs 57,184 crore. Stock PE is Rs 31.9 and ROCE is 5.81 percent. ROE is 3.11 percent and book value is Rs 14.6. 52 week low is Rs 17.1 and 52 week high is Rs 32.8. The face value of the shares is Rs 2.
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