Yes Bank shares closed 30%, closed market on red mark

On Tuesday the Indian stock markets closed on the red mark. At the end of the business, Yes Bank's shares were broken up to 30 percent.

Yes Bank shares closed 30%, closed market on red mark

On the first trading day of the week, Indian stock markets closed on the red mark. On Tuesday, the Sensex dropped 36 points to 39,032, while the Nifty closed 7 points down at 11,748.15 points. During the business, Yes Bank's shares plummeted more than 30 percent. In fact, Yes Bank has lost a balance of Rs 1,506 crore in the last quarter of the last financial year. Let's say that the stock market was closed due to the Lok Sabha elections in Mumbai on Monday. Similarly, on Wednesday, the stock market will be closed due to Maharashtra Day.

What are the stocks of

Apart from Yes Bank, IndusInd Bank, Hiromoto Corp, Maruti, and Power Grid have lost more than 14 percent. On the other hand, shares of Mahindra and Mahindra, Airtel, Vedanta, Bajaj Auto, ITC, SBI, and L & T closed down more than 1 percent. Talking of the increased stocks, HCL recorded a 4 percent increase. In addition, shares of Tata Steel, Infosys, and HDFC Bank were also on the green mark.

Airtel Africa's net profit is $ 8.9 million

Bharti Airtel's Subsidiary Company Airtel Africa's net profit was $ 8.9 million in the January-March quarter ending March 31, 2019. Increasing data consumption and penetration of Airtel money have boosted the company's profits. In the same period a year ago, the company had lost $ 3.3 million.

Airtel Africa reported in its quarterly report that its income increased 6 percent to $ 78.1 million. During January-March of the year 2017-18, the figure was $ 73.6 million. For the entire financial year (2018-19), its profit was 41.2 million dollars. A year ago, in 2017-18, he had lost $ 13.8 million.

Rs. 1,506 crore loss to YES Bank

In the fourth quarter of the fiscal year 2018-19, the Yes Bank of Private Sector has lost a loss of Rs 1,506 crore in the fourth quarter of the financial year ended March 31. During the fourth quarter of the financial year 2017-18 (January-March), the bank had sold 1,180 crore rupees Had earned net profits. Explain that the deficit of the bank has resulted in a loss due to the increase in the provision of a loan.