Share price of uco bank

From a 52-week low of Rs 10.52 on June 20 to a 52-week high of  Rs 21.35 on Tuesday, shares of state-run UCO Bank rallied 103 per cent, only to see some selling pressure in Wednesday's trade. Technical analysts are mostly positive on the stock, following the two-year price breakout. While they do not rule out a short term correction towards Rs 18-16 levels, they said any such fall be buying opportunity. They see immediate resistance for the UCO Bank stock at Rs 22 and have targets in the Rs 30-35 range, which is up to 80 per cent higher than the prevailing price. On Wednesday, the scrip snapped a five-day winning streak and fell 5 per cent to hit a low of Rs 19.50 on BSE. Independent analyst Manish Shah said UCO Bank has registered a two-year price break out. On the weekly chart, the scrip saw a range expansion candle, which is a major long-term trend reversal signal, he said. "In terms of Wykoff theory, price is now in a markup phase. On the upside, price should see a rally to Rs 30-35 over course of next couple of months. As price has seen a sharp rally in last couple of days, any corrective decline within Rs 18-16 is a buying opportunity. This stock is a buy on declines with a stop below Rs 12," he said. Tirthankar Das, Technical & Derivative Analyst, Retail, Ashika Stock Broking said that buying demand emerged for UCO Bank from the major support area of Rs 10. "The pullback rally thereon led prices to close marginally above the congestion zone, thus, offering a fresh ...

UCO Bank Share Price Target 2022, 2023, 2024, 2025, 2030– UCO bank which was earlier known as United Commercial Bank, incorporated on 6th of January 1943. It was the vision of Mr. G.D Birla to form a truly Indian Bank which came into reality after the ”Quit India” movement. The bank is headquartered in Kolkata. Here we try to give you all the aspects regarding the UCO Bank Share in all the possible ways. Table of Contents • • • • • • • • • • • • • • UCO Bank Share Price Target 2022, 2023, 2024, 2025, 2030 Table Year UCO Bank share price Target 2022 First Target Rs 13.50 2022 Second Target Rs 13.80 2023 First Target Rs 16.50 2023 Second Target Rs 16.80 2024 First Target Rs 19 2024 Second Target Rs 20 2025 First Target Rs 23 2025 Second Target Rs 24 2030 First Target Rs 45 2030 Second Target Rs 48 UCO Bank Share Price Target 2022, 2023, 2024, 2025, 2030 Table Also read:- UCO Bank Share Price Target 2022 It was placed under state control in 1969 and 100% ownership was taken over by the State in the bank. Following this there were many changes in the banking system as the expansion of its branches began, especially in the rural areas, with the reorganization of the organization. This has led to effective training and the allocation of management facilities. In 1985 the name of the bank was changed to UCO Bank. It currently has a network of more than 2000 branches, more than 370 ATMs, and 35 regional offices nationwide as well as Singapore and Hong Kong. UCO Bank share price Fo...

UCO Bank is an India-based commercial bank. The Bank's segments include Treasury Operations, Corporate Banking Operations, Retail Banking Operations and Other Banking Operations. The Bank offers personal banking, corporate banking, international banking and rural banking services. The Bank's personal banking includes deposits, loans/advances and debit card; corporate banking includes loans/advances, deposits, value-added services, and micro and small enterprises (MSME); international banking includes foreign currency loans and remittances, and rural banking includes agriculture credit, financial inclusion and MSME. The Bank's loan portfolio includes education loan, gold loan, home loan, personal loan and car loan. Its other services include government business, policies and equated monthly installment (EMI) calculator.;

Bole Toh? 1. Is UCO Bank a good quality company? Past below average quality company. 2. Is UCO Bank undervalued or overvalued? The Overvalued zone. 3. Is UCO Bank a good buy now? The Semi Strong which suggest that the price of UCO Bank is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing. Mar'14 Mar'15 Mar'16 Mar'17 Mar'18 Mar'19 Mar'20 Mar'21 Mar'22 Mar'23 TTM Net Interest Income (₹ Cr.) 6,059 5,562 4,848 3,817 3,125 4,311 5,092 5,480 6,473 7,343 7,343 YoY Gr. Rt. % - -8.2% -12.8% -21.3% -18.1% 38% 18.1% 7.6% 18.1% 13.4% - Total Income 19,550 21,363 20,157 18,440 15,141 15,844 18,006 17,870 18,082 20,159 20,159 YoY Gr. Rt. % - 9.3% -5.6% -8.5% -17.9% 4.6% 13.6% -0.8% 1.2% 11.5% - Adj EPS (₹ ) 14.9 10.6 -26 -11.9 -19.2 -8 -2.5 0.2 0.8 1.6 1.6 YoY Gr. Rt. % - -29% -346% NA NA NA NA NA 358.8% 100% - BVPS (₹ ) 104.9 111 85.7 59.5 32.4 21.1 17 17.5 17.5 19.2 19.2 YoY Gr. Rt. % - 5.9% -22.8% -30.6% -45.6% -34.8% -19.4% 2.7% -0.1% 10% - To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ Net Profit/Total Funds (%) 0.7 0.5 -1.1 -0.8 -2 -1.9 -1.1 0.1 0.4 0.7 0.5 To view Net NPA to Net Advances (%) Colour Rating Guide click here ⓘ Net NPA to Net Advances (%) 2.4 4.3 9.1 8.9 13.1 9.7 5.5 3.9 2.7 1.3 1.3 To view Capital Adequacy Ratio (%) Colour Rating Guide click here ⓘ Capital Adequacy Ratio (%) - - - - - - - - - - - Key Financial Ratios RATIOS \ YEARS Mar'14 Mar'15 Mar'16 Mar'17 Mar'18 Mar'19 Mar'2...

Period Mar 2023 Mar 2022 Mar 2021 Mar 2020 Net Interest Income 7343.13 6472.95 5479.70 5092.27 Loan Loss Provision 1620.00 4006.78 3957.90 7282.39 Non- Interest Income Bank 2508.46 3100.81 3424.17 2871.21 Non- Interest Expense Bank -5326.48 -3816.61 -5021.46 -3117.93 Net Income Before Taxes 2905.11 1750.36 -75.49 -2436.83 Net Income 1826.28 894.92 145.68 -2436.83 Diluted Normalized EPS 1.53 0.91 0.35 -3.04 • Name • Latest Price • Change • % Change • 52W High • 52W Low • Mkt. Cap • • 247.2 • -5.15 • -2.04 • 324.4 • 182.2 • 39819.88 • • 281.6 • 0.1 • 0.04 • 335.35 • 140 • 35071.59 • • 26.23 • -0.32 • -1.21 • 38.15 • 10.52 • 31360.48 • • 73.19 • -0.97 • -1.31 • 103.5 • 40.4 • 30042.62 • • 122.05 • -2.35 • -1.89 • 143.35 • 84 • 25828.23 ABOUT UCO Bank • Industry Regional Banks • ISIN INE691A01018 • BSE Code 532505 • NSE Code UCOBANK UCO Bank is an India-based commercial bank. The Bank's segments include Treasury Operations, Corporate Banking Operations, Retail Banking Operations and Other Banking Operations. The Bank offers personal banking, corporate banking, international banking and rural banking services. The Bank's personal banking includes deposits, loans/advances and debit card; corporate banking includes loans/advances, deposits, value-added services, and micro and small enterprises (MSME); international banking includes foreign currency loans and remittances, and rural banking includes agriculture credit, financial inclusion and MSME. The Bank's loan portfolio include...

"Strong volumes as well seen indicating further up move possible towards 29.5 in the near term, and 26.5 is immediate support," advised an analyst. According to the bank's exchange filing, Ashwani Kumar has taken over as MD and CEO of UCO Bank for the next three years, succeeding Soma Sankara Prasad. The public sector lender, reported robustyear-on-year earnings growth for the fourth quarter of FY23. The bank's profit after tax (PAT) was ₹581.24 crore in Q4FY23, up 86.19% from ₹312.18 crore in the same period last year. Net interest income (NII) increased by 19.34% to ₹1,972.11 crore in the quarter, compared to ₹1,652.38 crore in Q4 of FY22. The board members approved the issuing of up to 200 crore equity shares with a face value of ₹10 apiece at an appropriate premium in order to raise ₹2,000 crore in equity capital in fiscal year FY24. ₹581 cr, board approves fundraising of ₹2,000 cr