Meanwhile, the BSE Sensex was down 190.66 points, or 1.25%, 15,047.28.

On BSE, 3.09 lakh shares were traded in the counter. The stock had an average daily volume of 17.50 lakh shares in the past one quarter.

The stock hit a high of Rs 133.50 and a low of Rs 127.20 so far during the day. The stock hit a 52- week high of Rs 152.50 on 24 July 2008 and a 52-week low of Rs 40.80 on 9 March 2009.

The mid-cap bank stock had outperformed the market over the past one month till 12 June 2009, surging 61.61% as compared to the Sensex's return of 25.33%. It had also outperformed the market in the past one quarter, jumping 204.49% as compared to the Sensex's return of 82.63%.

The bank's current equity is Rs 296.98 crore. Face value per share is Rs 10.

The current price of Rs 130.50 discounts the bank's Q4 March 2009 annualized EPS of Rs 10.79, by a PE multiple of 12.09.

As per reports, the bank will raise $400 million (about Rs 2000 crore) in two tranches. In the first tranche, the bank is likely to hit the bond market to raise $150 million by the end of the current financial year (FY 2010) or the early next fiscal. In the second tranche, the capital-raising event would be a follow-on public offer of up to $250 million.

Yes Bank's net profit rose 24.2% to Rs 80.11 crore on 32.7% rise in operating income to Rs 656.07 crore in the Q4 March 2009 over Q4 March 2008.

Yes Bank provides banking services to large corporate and institutional clients, small and medium sized businesses and retails customers.