Wednesday, September 18, 2019

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


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