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UCO Bank gains for third consecutive session

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Capital Market

UCO Bank is quoting at Rs 12.85, up 1.18% on the day as on 12:54 IST on the NSE. The stock is down 28.41% in last one year as compared to a 16.26% drop in NIFTY and a 56.17% drop in the Nifty PSU Bank index.

UCO Bank gained for a third straight session today. The stock is quoting at Rs 12.85, up 1.18% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 2.78% on the day, quoting at 9818.75. The Sensex is at 33655.22, up 2.86%. UCO Bank has risen around 41.99% in last one month.

 

Meanwhile, Nifty PSU Bank index of which UCO Bank is a constituent, has risen around 1.1% in last one month and is currently quoting at 1315.6, up 1.81% on the day. The volume in the stock stood at 7.91 lakh shares today, compared to the daily average of 18.43 lakh shares in last one month.

The PE of the stock is 0 based on TTM earnings ending December 19.

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First Published: Apr 30 2020 | 1:05 PM IST

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