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UCO Bank gains on getting nod to issue equity shares worth Rs 1375 crore

03 Jan 2018 Evaluate

UCO Bank is currently trading at Rs. 30.60, up by 0.25 points or 0.82% from its previous closing of Rs. 30.35 on the BSE.

The scrip opened at Rs. 30.50 and has touched a high and low of Rs. 31.40 and Rs. 30.15 respectively. So far 102451 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 44.80 on 05-May-2017 and a 52 week low of Rs. 28.50 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 31.70 and Rs. 29.50 respectively. The current market cap of the company is Rs. 5731.34 crore.

The promoters holding in the company stood at 80.50%, while Institutions and Non-Institutions held 13.50% and 6.00% respectively.

UCO Bank has received an approval to issue equity shares on preferential basis to Government of India against capital contribution of Rs 1375 crore. The board of directors at their meeting held on January 3, 2018, has approved for the same.

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.

UCO Bank Share Price

26.76 0.21 (0.79%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
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