EXPLAINED! Why YES BANK share price is skyrocketing?
Updated: October 3, 2019 17:32 pm
After bleeding heavily on Monday, the Yes Bank share price skyrocketed more than 30 per cent on Wednesday. According to the stock market experts, promoters holding in the banking stock is less than 1 per cent, mortgaged Yes Bank shares at AMC is no more a tension now for the bank and in Q2FY20 of the Indiabulls Housing Finance, Yes Bank exposure has gone down by 30 per cent. These are some major reasons for the surge in Yes Bank share price, say experts.