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UCO Bank sees good buying

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Capital Market
Last Updated : Jun 08 2021 | 1:51 PM IST

UCO Bank is quoting at Rs 14.05, up 3.31% on the day as on 12:54 IST on the NSE. The stock is up 10.2% in last one year as compared to a 56.51% spurt in NIFTY and a 83.49% spurt in the Nifty PSU Bank index.

UCO Bank is up for a third straight session in a row. The stock is quoting at Rs 14.05, up 3.31% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.17% on the day, quoting at 15724.1. The Sensex is at 52248.06, down 0.15%. UCO Bank has risen around 23.25% in last one month.

Meanwhile, Nifty PSU Bank index of which UCO Bank is a constituent, has risen around 15.28% in last one month and is currently quoting at 2500.65, down 1.1% on the day. The volume in the stock stood at 202.01 lakh shares today, compared to the daily average of 159.58 lakh shares in last one month.

The PE of the stock is 97.07 based on TTM earnings ending March 21.

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First Published: Jun 08 2021 | 1:06 PM IST

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