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UCO Bank eases for fifth straight session

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Capital Market

UCO Bank is quoting at Rs 26.05, down 2.25% on the day as on 13:19 IST on the NSE. The stock jumped 12.39% in last one year as compared to a 2.45% rally in NIFTY and a 40.37% spurt in the Nifty Pharma index.

UCO Bank fell for a fifth straight session today. The stock is quoting at Rs 26.05, down 2.25% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.74% on the day, quoting at 17284.5. The Sensex is at 58659.15, down 0.8%.UCO Bank has lost around 4.75% in last one month.Meanwhile, Nifty Pharma index of which UCO Bank is a constituent, has eased around 1.47% in last one month and is currently quoting at 3857.1, down 1.39% on the day. The volume in the stock stood at 60.8 lakh shares today, compared to the daily average of 146.1 lakh shares in last one month.

 

The PE of the stock is 20.05 based on TTM earnings ending December 22.

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First Published: Mar 13 2023 | 1:35 PM IST

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