Shares of private sector YES Bank today rose over 2 per cent to a record high following 30 per cent growth in its net profit for the quarter ended September 30, 2012.
After making a bullish opening, the scrip further climbed 2.3 per cent to a record high of Rs 408.55 on the BSE. On the NSE, it gained 2.26 per cent to scale an all-time high of Rs 408.40.
YES Bank had on Tuesday reported 30 per cent growth in net profit at Rs 306.08 crore for the July-September quarter. The net profit stood at Rs 235.02 crore in same quarter of the 2011-12 fiscal.
Its income increased to Rs 2,263.13 crore in the second quarter of the current fiscal (2012-13) from Rs 1,652.70 crore in the year-ago period.