UCO Bank is currently trading at Rs. 34.10, up by 0.50 points or 1.49% from its previous closing of Rs. 33.60 on the BSE.
The scrip opened at Rs. 33.90 and has touched a high and low of Rs. 34.30 and Rs. 33.85 respectively. So far 47636 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 50.15 on 01-Dec-2015 and a 52 week low of Rs. 27.80 on 15-Feb-2016.
Last one week high and low of the scrip stood at Rs. 34.30 and Rs. 32.15 respectively. The current market cap of the company is Rs. 5051.86 crore.
The promoters holding in the company stood at 77.54%, while institutions and non-institutions held 13.98% and 8.49% respectively.
UCO Bank has raised Rs 270.59 crore by issuing over 7 crore shares to Life Insurance Corporation of India (LIC) on preferential basis. The Bank has issued and allotted 71,700,000 equity shares of Rs 10 to LIC at an issue price of Rs 37.74 per equity share including a premium of Rs 27.74 on preferential basis. The shares will be under lock-in for a period of one year from the date of trading from the Stock Exchanges i.e. NSE & BSE where the equity shares of the Bank are listed.
UCO Bank is a commercial bank and a Government of India Undertaking. The bank offers wide range of services includes Personal Banking, Corporate Banking, International Banking, Rural Banking and other services.
