Thursday 21 September 2017

Yes Bank turns ex-stock split in ratio of 1:5 - Money Maker Research

Shares of Yes Bank Ltd hit a high of Rs 383, up 2 percent on BSE today in early trade after the stock turned ex-stock split in the ratio of 1:5 effective from Thursday.

Yes Bank had fixed Sept-22 as the record date for the eligibility determinacy of shareholders, with regards to subdivision of each equity share with face value of Rs. 10.00 fully paid up into 5 equity shares of face value Rs 2.00 each fully paid up. The stock of Yes Bank was trading up by 0.57 percent at Rs 379.90 per share on BSE at 11.40 am from its opening of at Rs 375.9 per share. The stock touched its intraday high of Rs 378.7 and low of Rs 373.4 per share.

A combined 4.66 million shares have changed hands on NSE & BSE during the hours. On an average of about 1.7 million shares were traded in past two weeks before the stock split.

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