Yes Bank shares gain over 3% after Rakesh Jhunjhunwala buys stake
Updated : November 05, 2019 03:50 PM IST
Shares of Yes Bank surged nearly 9 percent on Tuesday after ace investor Rakesh Jhunjhunwala on Monday bought nearly 1.3 crore shares of the private sector lender for around Rs 87 crore.
Jhunjhunwala had bought 1.3 crores shares of Yes Bank which amounts to. 0.5 percent stake in the bank.
Recently, Yes Bank MD Ravneet Gill told CNBC-TV18 that the bank had received a binding offer of $1.2 billion from a global investor