Wednesday, September 18, 2019
facebook
Business

Posted at: Sep 12, 2019, 7:50 AM; last updated: Sep 12, 2019, 7:50 AM (IST)

Yes Bank shares zoom 13.5% on Paytm deal buzz

New Delhi: Shares of Yes Bank jumped 13.5% on Wednesday following reports that digital payments major Paytm is in discussions to buy stake in the company from co-founder Rana Kapoor. The scrip zoomed 13.47% to close at Rs 71.60 on the BSE. During the day, it advanced 14.97% to Rs 72.55. On the NSE, it climbed 12.99% to close at Rs 71.30. The stock was the top gainer on Sensex and Nifty during the day. The company's market valuation rose by Rs 2,168.22 crore to Rs 18,260.22 crore on the BSE. On the traded volume, 210.06 lakh shares were traded on the BSE and over 33 crore units on the NSE during the day. Paytm is in discussions to buy stake in Yes Bank from co-founder Rana Kapoor, according to sources. pti

COMMENTS

All readers are invited to post comments responsibly. Any messages with foul language or inciting hatred will be deleted. Comments with all capital letters will also be deleted. Readers are encouraged to flag the comments they feel are inappropriate.
The views expressed in the Comments section are of the individuals writing the post. The Tribune does not endorse or support the views in these posts in any manner.
Share On