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UCO Bank down for fifth straight session

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Capital Market

UCO Bank is quoting at Rs 25.75, down 3.01% on the day as on 13:19 IST on the NSE. The stock is up for a third straight session in a row in last one year as compared to a 3.8% down 0.42%. in NIFTY and a 34.68% down 49.02% in the Nifty Pharma index.

UCO Bank is down for a fifth straight session today. The stock is quoting at Rs 25.75, down 3.01% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.57% on the day, quoting at 17932.35. The Sensex is at 60952.13, down 0.6%.UCO Bank has lost around 17.07% in last one month.Meanwhile, Nifty Pharma index of which UCO Bank is a constituent, has eased around 9.7% in last one month and is currently quoting at 3871.05, down 1.7% on the day. The volume in the stock stood at 67.26 lakh shares today, compared to the daily average of 177.75 lakh shares in last one month.

 

The PE of the stock is 20 based on TTM earnings ending December 22.

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First Published: Feb 17 2023 | 1:35 PM IST

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