Yes Bank, a private sector lender, witnessed a rise in share price on Wednesday after it reported a growth of 27.7% in its first quarter net profit. The bank earned a profit of Rs 5.51 billion for the quarter ended Jun. 30, 2015. Market was expecting profit to come at Rs 5.31 billion.
The bank's quarterly income totaled at Rs 37.97 billion, an increase of 22.75% over Rs 30.93 billion in the same period a year ago.
Shares of Yes Bank are trading at Rs 808.75, up Rs 14.1, or 1.77% at the Bombay Stock Exchange (BSE) on Wednesday at 1:25 p.m.
The scrip has touched an intra-day high of Rs 814.25 and low of Rs 796.50. The total volume of shares traded at the BSE is 449,434.