YES BANK SHARES FALLEN TO 5% AFTER THE LAUNCH OF QIP (QUALIFIED INSTITUTIONAL PLACEMENT)

Sangeet Lyrics 3:28:00 AM
Shares of yes bank india’s 5th Largest bank sector has fallen over  5% in the afternoon of Thursday.
After one day of the release of QIP(Qualified Institutional Placement) .
Rana Kapoor Who Is The CEO Of Yes Bank said that  as the qip is open across the world they  thought that all the share holders would participate in it as they  are expecting a target of 1 billion to help it to expand its capital base.earlierly it is at the rate of 30 % growth in its share but it is now dropped to over 5% loss ,as their ideas were gone wrong .

On Friday the stock price of yes bank ended in the much more loss as shares are given in the below figure .

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