As of 10:30 am, Yes Bank shares traded at Rs 376.45 compared to yesterday's closing price of Rs 1,880.10.
Companies do share-split to increase liquidity of their shares as the per share value reduces after stock split.
Yes Bank, founded in 2004, has delivered handsome returns to its investors since it was listed in 2005. Yes Bank had issued shares at Rs 45, during its initial public offer in 2005. Since then the stock has surged nearly 42 times in last 12 years delivering a CAGR of 36.48 per cent.
Its total income rose to Rs 5,785.96 crore in the April-June quarter, from Rs 4,762.83 crore last year.
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