Santander UK plc and Yes Bank has signed a memorandum of understanding to help boost UK-India trade and local business networking opportunities.
The new partnership will enable Santander to offer its clients access to banking facilities and local support in India through Yes Bank network, while Yes Bank customers will gain access to the range of financial and practical support that Santander offers businesses looking to trade internationally.
On Wednesday’s trade, the stock traded in the positive territory gaining 0.29% at Rs 1,489.65 per share on BSE.
On NSE, the stock attracted a traded volume of 1,93,915 shares and a traded value of Rs 2,895,77 lakh.
Meanwhile, Nifty Private Bank index traded flat at 13,009.55 level, during the morning hours on Wednesday.
Stock view:
Yes Bank Ltd is currently trading at Rs 1500, up by Rs 14.7 or 0.99% from its previous closing of Rs 1485.3 on the BSE.
The scrip opened at Rs 1499 and has touched a high and low of Rs 1503.45 and Rs 1487 respectively. So far 537214(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 67946.26 crore.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 1652.9 on 27-Apr-2017 and a 52 week low of Rs 1091.25 on 26-Dec-2016. Last one week high and low of the scrip stood at Rs 1512.95 and Rs 1401.05 respectively.
The promoters holding in the company stood at 20.19 % while Institutions and Non-Institutions held 69.96 % and 9.85 % respectively.
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