Yes Bank, one of the leading private sector banks, witnessed a rise in share price on Wednesday as the company is going to announce its first quarter earnings today.
For the previous quarter the bank reported a growth of 28.1% in its fourth quarter net profit. The bank earned a profit of Rs 5.51 billion for the quarter ended Mar. 31, 2015.
The bank's quarterly income totaled at Rs 15.67 billion, an increase of 34.5% over Rs 11.65 billion in the same period a year ago.
Shares of Yes Bank are trading at Rs 807.50, up Rs 12.85, or 1.62% at the Bombay Stock Exchange (BSE) on Wednesday at 12:31 p.m.
The scrip has touched an intra-day high of Rs 809.40 and low of Rs 798.30. The total volume of shares traded at the BSE is 159,947.