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UCO Bank rises on turning black in Q3

27 Jan 2021 Evaluate

UCO Bank is currently trading at Rs. 13.15, up by 0.07 points or 0.54% from its previous closing of Rs. 13.08 on the BSE.

The scrip opened at Rs. 13.14 and has touched a high and low of Rs. 13.24 and Rs. 13.00 respectively. So far 166465 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 16.76 on 26-Jun-2020 and a 52 week low of Rs. 8.40 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 13.55 and Rs. 12.76 respectively. The current market cap of the company is Rs. 12903.76 crore.

The promoters holding in the company stood at 94.44%, while Institutions and Non-Institutions held 2.37% and 3.18% respectively.

UCO Bank has reported a net profit of Rs 35.44 crore for quarter ended December 31, 2020 as against net loss of Rs 960.17 crore for the same quarter in the previous year. Total income of the bank marginally increased by 1.05% at Rs 4466.97 crore for Q3FY21 as compared Rs 4514.21 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the October-December quarter of the current fiscal improved to 9.80%, as compared to 19.45% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 2.97% in Q3FY21.

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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