Shares of YES Bank Ltd. traded 0.67 per cent down at Rs 14.92 at 10:05AM (IST) on Monday, whilst BSE benchmark Sensex gained 346.eight factors to 39814.11.
The scrip had settled at Rs 15.02 within the earlier session. The stock quoted a 52-week excessive price of Rs 87.95 and 52-week low of Rs 5.55, respectively. As per BSE information, complete traded quantity on the counter until 10:05AM (IST) stood at 10588000 shares with a turnover of Rs 15.87 crore.
On the present price, shares of the corporate traded at -2.27 occasions its trailing 12-month earnings per share of Rs -6.58 per share and 0.86 occasions its price-to-book value, exchange information confirmed.
A better P/E ratio reveals buyers are prepared to pay a better share price immediately due to development expectations sooner or later.
price-to-book value signifies the inherent value of an organization and displays the price buyers are able to pay even for no development within the enterprise. The stock’s Beta value, which measures its volatility in relation to the broader market, stood at 1.78.
Promoters held 0.Zero per cent stake within the firm as of 23-Jul-2020, whereas FIIs owned 13.72 per cent and DIIs 1.7 per cent.
On the technical charts, the relative power index (RSI) of the stock stood at 42.86. The RSI oscillates between zero and 100. Historically, it’s thought of overbought situation when the RSI value is above 70 and oversold situation when it’s beneath 30. Chartists say, RSI shouldn’t be seen in isolation, because it may not be adequate to take a buying and selling name, simply the way in which elementary analysts can’t give a ‘purchase’ or’promote’ advice utilizing a single valuation ratio.