Yes Bank Ltd. Sees 14.32 Million Shares Traded, Ranking Among Most Active Stocks Today

Yes Bank Ltd. has emerged as one of the most active equities today, with a total traded volume of 14,321,550 shares and a total traded value of approximately Rs 32.68 crore. The stock opened at Rs 22.72, reached a day high of Rs 22.94, and is currently trading at Rs 22.87, reflecting a 0.97% increase for the day. This performance marks a notable trend reversal, as the stock has gained after two consecutive days of decline.
In terms of market positioning, Yes Bank is classified within the private sector banking industry and holds a market capitalization of Rs 71,158 crore, categorizing it as a mid-cap stock. The stock has outperformed its sector by 0.45%, indicating a relative strength compared to its peers. Additionally, Yes Bank is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price movement.

However, it is important to note that investor participation has seen a decline, with delivery volume on October 24 falling by 26.73% compared to the 5-day average. Despite this, the stock remains liquid enough for trades sized at Rs 3.45 crore, based on 2% of the 5-day average traded value. Overall, Yes Bank's performance today reflects a recovery in its trading activity amidst fluctuating investor engagement.