Yes Bank gains 3% as Moody’s changes outlook to stable

Shares of Yes Bank advanced 3 percent intraday Wednesday after global rating agency Moody’s has changed the outlook on the company.

Moody’s has affirmed bank’s rating, while changed outlook of the company to stable from negative.

At 15:12 hrs Yes Bank was quoting at Rs 219.20, up Rs 6.75, or 3.18 percent.

The share touched its 52-week high Rs 404 and 52-week low Rs 147 on 20 August, 2018 and 29 November, 2018, respectively.

Currently, it is trading 46.09 percent below its 52-week high and 48.16 percent above its 52-week low.

Sign Up for Our Newsletters

Get notified of the best deals on our WordPress themes.

You May Also Like

ICI reports offer insights into the characteristics of IRA investors

Posted by Jon Vogler, Senior Analyst, Retirement Research on Oct 5, 2018,…

New tax reform bill includes retirement provisions

Posted by Jon Vogler, Senior Analyst, Retirement Research on Sep 20, 2018,…

Opinion | The Secret Lives of Central Bankers

A few years ago, a senior Japanese central banker let me in…

What may LIBOR’s phase-out mean for investors?

Posted by Justin Mandeville, Portfolio Manager and Jacob Habibi, Senior Analyst on…