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UCO Bank trades jubilantly on the bourses

01 Jan 2019 Evaluate

UCO Bank is currently trading at Rs. 22.35, up by 2.10 points or 10.37% from its previous closing of Rs. 20.25 on the BSE.

The scrip opened at Rs. 21.35 and has touched a high and low of Rs. 23.40 and Rs. 21.35 respectively. So far 686486 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 36.75 on 25-Jan-2018 and a 52 week low of Rs. 15.30 on 09-Oct-2018.

Last one week high and low of the scrip stood at Rs. 23.40 and Rs. 19.40 respectively. The current market cap of the company is Rs. 8859.51 crore.

The promoters holding in the company stood at 90.80%, while Institutions and Non-Institutions held 6.24% and 2.96% respectively.

UCO Bank has received an amount of Rs 3,076 crore through capital infusion from Government of India. The Government has conveyed the decision on December 26, 2018 to invest in the bank by way of preferential allotment.

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.

Peers
Company Name CMP
State Bank Of India 941.00
PNB 116.00
Bank Of Baroda 235.00
Canara Bank 118.10
Union Bank Of India 171.45
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