UCO Bank is currently trading at Rs. 76.40, up by 0.65 points or 0.86% from its previous closing of Rs. 75.75 on the BSE.
The scrip opened at Rs. 75.55 and has touched a high and low of Rs. 78.10 and Rs. 74.50 respectively. So far 511144 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 86.65 on 09-Jan-2013 and a 52 week low of Rs. 46.00 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 81.60 and Rs. 74.20 respectively. The current market cap of the company is Rs. 5727.50 crore.
The promoters holding in the company stood at 69.26% while Institutions and Non-Institutions held 16.55% and 14.19% respectively.
In a bid to clean up its balance-sheet, UCO Bank is planning to sell its 100 non-performing assets (NPAs) aggregating about Rs 1,900 crore. The public sector bank has invited bids for the sale from asset reconstruction companies, banks, financial institutions, eligible NBFCs. The bank has offered NPAs for sale on ‘Cash and Security Receipts Basis’. The sale is on ‘As is where is’ and ‘What is where is’ basis.
The bank has reported over three fold jump in its net profit at Rs 400.20 crore for the quarter ended September 30, 2013 as compared to Rs 103.71 crore for the same quarter in the previous year. Total income of the bank increased by 5.55% at Rs 4653.30 crore for quarter under review as compared to Rs 4408.55 crore for the quarter ended September 30, 2012.
Gross non-performing assets (NPAs) increased to 5.32% in the July-September quarter as against 4.88% in the same quarter previous year, meanwhile net NPAs has increased to 3.13%.
| Company Name | CMP |
|---|---|
| SBI | 1063.20 |
| PNB | 110.75 |
| Canara Bank | 138.90 |
| Bank Of Baroda | 275.85 |
| Union Bank Of India | 184.70 |
| View more.. | |
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