Wednesday 10 October 2018

YES Bank, DHFL, Goa Carbon, Philips Carbon gain over 40% from 52-week lows

Shares of YES Bank, Dewan Housing Finance Corporation, Goa Carbon, Philips Carbon Black and Infibeam Avenues have rallied more than 40% from their respective 52-week lows. YES Bank was up 5% to Rs 237 in intra-day trade, extending its past two days 9% gain on the BSE, after the board of private sector lender inducted TS Vijayan, former chairman of Insurance Regulatory and Development Authority of India (IRDAI) and Life Insurance Corporation of India (LIC), and OP Bhatt, former CMD of State Bank of India (SBI), as external experts in the committee. The stock rallied 43% from its 52-week low of Rs 166 touched on September 28, 2018.


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