Yes Bank shares fall 10% to trade below its FPO price of Rs 12
Updated : July 28, 2020 09:57 AM IST
Shares of Yes Bank fell 10 percent in early morning deals on Tuesday to Rs 11.10 per share, below its FPO price of Rs 12.
The stock price of the lender has fallen almost 20 percent in the last 2 days.
The stock of the private sector bank has consistently been falling since the pricing announcement of the FPO on July 10, down 58 percent since then.