Yes Bank stock pares gains, slips further after 17.5% crash; Q2 profit jumps 65% but AT-1 bond ruling weighs
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Yes Bank shares slipped on Monday after a 17.5 percent crash over the previous two sessions.
- ✓The stock fell as the Supreme Court’s ruling on AT-1 bonds weighed on investors.
- ✓This happened even though the bank reported a 65 percent jump in net profit for the second quarter of FY27.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Moneycontrol.com
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Market Mastery
Webinar by Vishal Malkan
Find the weak links
in your portfolio by Vishal Malkan
Yes Bank shares gave up early morning gains to slip into red on Monday, extending losses after plunging 17.5 percent over the previous two sessions following the Supreme Court's ruling on the lender's Rs 8,415-crore Additional Tier-1 (AT-1) bonds. The decline came despite the private sector lender reporting a 65 percent year-on-year rise in net profit for the September quarter, as concerns persisted over the potential financial impact of the court's judgment.
Yes Bank stock declined 0.29 percent to Rs 17.45 in morning trade, taking its year-to-date loss to 18.8 percent, compared with a fall of 11.5 percent in the Nifty 50 during the same period. The company's market capitalisation stood at approximately Rs 54,805 crore.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Moneycontrol.com
Read the full, original unfiltered story directly on the publisher's portal.