Yes Bank shares can make you rich! It's top performer on Sensex
This increase in Yes Bank shares can be attributed an announcement made by the bank that they have sold 2,30,655 equity shares having nominal value of Rs.100/- each, constituting 30% of the paid-up share capital of 'Valecha Investments Private Limited' ('VIPL') which was acquired by way of invocation of pledge by the bank, resulting into a change in holding of the bank by more than 2% of the total shareholding of VIPL, from the last disclosure made by the Bank on November 14, 2018 for acquisition of shares of VIPL by the Bank.
Yes Bank shares, which have turned out to be one of the favourite stocks for investors, gained as much as by 3.45% in a day after touching an intraday high of Rs 190.25. Image source: Reuters