{"id":128057,"date":"2019-07-17T09:20:15","date_gmt":"2019-07-17T09:20:15","guid":{"rendered":"https:\/\/www.bnreport.com\/yes-bank-surges-4-ahead-of-q1-results-heres-what-analysts-say\/"},"modified":"2019-07-17T09:20:15","modified_gmt":"2019-07-17T09:20:15","slug":"yes-bank-surges-4-ahead-of-q1-results-heres-what-analysts-say","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/yes-bank-surges-4-ahead-of-q1-results-heres-what-analysts-say\/","title":{"rendered":"YES Bank surges 4% ahead of Q1 results; here\u2019s what analysts say"},"content":{"rendered":"<p>NEW DELHI: Shares of <a href=\"https:\/\/economictimes.indiatimes.com\/yes-bank-ltd\/stocks\/companyid-16552.cms\" rel=\"noreferrer noopener\" target=\"_blank\">YES Bank<\/a> climbed 4 per cent in Wednesdays trade ahead of its June quarter results. The stock gained even as the bank was expected to report subdued earnings on rising provisions amid deteriorating asset quality.<\/p>\n<p>The scrip jumped 4.33 per cent to hit a high of Rs 108.40 on <a href=\"https:\/\/economictimes.indiatimes.com\/bse-ltd\/stocks\/companyid-2809.cms\" rel=\"noreferrer noopener\" target=\"_blank\">BSE<\/a>.<\/p>\n<p>Brokerage firm <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/Prabhudas-Lilladher\" rel=\"noreferrer noopener\" target=\"_blank\">Prabhudas Lilladher<\/a> projected 84 per cent YoY fall in profit at Rs 201.10 crore on 22 per cent YoY rise in pre-provisioning operating profit. It also said the asset quality of the lender may deteriorate further with percentage of gross non-performing assets (NPA) spiking to 3.70 per cent in Q1FY19 over 3.22 per cent in Q1FY18.<\/p>\n<p>\u201cYES Bank could continue to face challenging quarter with key risky assets could turn NPA with the risk of further provisioning,\u201d Pra<a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/yes-bank-surges-4-ahead-of-q1-results-heres-what-analysts-say\/articleshow\/70255015.cms\" rel=\"noreferrer noopener\" target=\"_blank\"><strong>Read More \u2013 Source<\/strong><\/a><br \/>\n[contf]<br \/>\n[contfnew]<br \/>\n        <img decoding=\"async\" src=\"https:\/\/img.etimg.com\/photo\/60278104.cms\" \/><\/p>\n<h5><a href=\"https:\/\/economictimes.indiatimes.com\/\" rel=\"noreferrer noopener\" target=\"_blank\">ET Markets<\/a><\/h5>\n<p>[contfnewc]<br \/>\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Shares of YES Bank climbed 4 per cent in Wednesda..<\/p>\n","protected":false},"author":1,"featured_media":128058,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-128057","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>YES Bank surges 4% ahead of Q1 results; 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