Uco Bank Share Market Price Performance and Outlook

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Uco Bank's share market price has seen a significant fluctuation over the years.

Historically, the bank's stock price has been impacted by various market and economic factors, including the 2008 global financial crisis.

In recent years, Uco Bank's share price has been affected by the bank's efforts to improve its financial health and increase its market share.

The bank's share price has shown a moderate growth, with a 5-year CAGR of 7.5%.

Financial Performance

In 2023, UCO Bank's revenue was a significant 93.59 billion, marking an impressive 11.20% increase from the previous year's 84.16 billion.

The bank's earnings, however, took a hit, decreasing by 11.20% to 16.54 billion.

UCO Bank's revenue has been steadily increasing over the years, with a notable 50.06% growth in the September 2024 quarter to 602.74 crores.

Here's a breakdown of the bank's revenue growth over the past few years:

This growth is a testament to the bank's efforts to expand its services and improve its financial performance.

Financial Performance

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UCO Bank's revenue has been steadily increasing over the years, with a notable jump in 2023, reaching 93.59 billion, a 11.20% increase from the previous year.

The bank's earnings also saw a significant change in 2023, with a decrease of -11.20% from the previous year, reaching 16.54 billion.

Here's a breakdown of UCO Bank's quarterly revenue from 2021 to 2024:

The bank's revenue has been consistently increasing, with the highest quarter being September 2024, with a revenue of 6.08 billion.

UCO Bank's net profit has also seen a significant increase, with a net profit of 603 crores in the September 2024 quarter, a 50.06% increase from the previous quarter.

The bank's EPS (Earnings Per Share) has also seen a significant increase, with an EPS of 1.83 in the September 2024 quarter, and a PE (Price to Earnings) ratio of 24.09.

PSU: Up 6.8%, IOB Up 6.10%

The PSU Bank Index is trading near a 4-month high, a sign of strong performance in the public sector banking space. Central Bank, Indian Overseas Bank (IOB), and UCO Bank are notable gainers.

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Central Bank is up 6.8%, reflecting a significant increase in its value. IOB is up 6.10%, another notable gain in the public sector banking space. UCO Bank is up nearly 9%, a remarkable rise in its value.

The Nifty PSU Bank index climbed 0.97% to trade at 7,045.20 as of December 4, showing the overall growth in the PSU Bank Index.

Price and Movement

The current share price of UCO Bank is ₹44.08, which is a 0.5% increase from the previous day's closing price.

The 52-week high for UCO Bank is ₹70.65, while the 52-week low is ₹39.20, indicating a significant price fluctuation over the past year.

UCO Bank's beta is 1.18, which suggests that the stock is more volatile than the overall market. This is consistent with the bank's average weekly movement of 5.7%, which is higher than the market average of 6.2%.

Here's a breakdown of UCO Bank's price movement over the past year:

As you can see, UCO Bank's price has been relatively volatile over the past year, with significant price drops in August and September. However, the bank's price has shown some stability in recent months, with a 0.5% increase in the current day's closing price.

Strong intraday stock price targets for UCO Bank are 43.65 and 45.06, while the monthly targets are also 43.65 and 45.06. These targets suggest that the bank's price may continue to fluctuate in the short term, but could potentially move upwards in the longer term.

Technical Analysis

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Uco Bank's technical analysis is a crucial aspect to consider when evaluating its share market price. The stock appears to be in a downtrend, with the price below a significant level of 44.23.

The 5-day DMA of Uco Bank is 43.44, indicating a slight dip in the stock's value over the past week. The 12-day DMA is 44, showing a slight increase in the stock's value over the past fortnight.

The stock's EMA (exponential moving average) is also worth noting. The 5-day EMA is 43.75, indicating a slight increase in the stock's value over the past week. The 12-day EMA is 44.23, showing a slight increase in the stock's value over the past fortnight.

The SMA (simple moving average) of Uco Bank is also a key indicator. The 5-day SMA is 43.44, indicating a slight dip in the stock's value over the past week. The 12-day SMA is 44, showing a slight increase in the stock's value over the past fortnight.

Here's a summary of the moving averages for Uco Bank:

The stock's market capitalization is 59205.85 crores, and its debt is 288461.21 crores.

Stock Overview

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UCOBANK offers a range of banking and financial services in India and internationally.

UCOBANK provides banking and financial services across various platforms, making it a convenient option for customers.

Stock Overview

UCOBANK provides a range of banking and financial services in India and internationally.

Some banks offer a wide range of services, but UCOBANK's international presence sets it apart.

UCOBANK offers banking and financial services, making it a one-stop-shop for customers' financial needs.

By providing a range of services, UCOBANK aims to cater to the diverse needs of its customers.

UCOBANK's services are available in India and internationally, making it a global banking player.

UCO Competitors

UCO's main competitors in the industry are UBS and Credit Suisse, both of which have a strong presence in the global financial market. They offer similar services and products to UCO, making them direct rivals.

UBS has a market capitalization of $93 billion, significantly larger than UCO's $13 billion. This gives UBS a substantial advantage in terms of financial resources.

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Credit Suisse, on the other hand, has a more focused approach, concentrating on wealth management and investment banking services. Their expertise in these areas is highly regarded in the industry.

Both UBS and Credit Suisse have a strong global presence, with operations in over 50 countries. This allows them to reach a wider customer base and offer more diverse services.

Frequently Asked Questions

Can I buy UCO Bank shares?

Yes, you can buy UCO Bank shares through a Demat account with Angel One or by investing in ETFs and Mutual Funds that offer exposure to UCO Bank shares. To get started, open a Demat account or explore investment options that align with your financial goals.

Is UCO Bank overvalued or undervalued?

UCO Bank is currently overvalued by 43% compared to the current market price. Further analysis is needed to determine the bank's true value.

Tommie Larkin

Senior Assigning Editor

Tommie Larkin is a seasoned Assigning Editor with a passion for curating high-quality content. With a keen eye for detail and a knack for spotting emerging trends, Tommie has built a reputation for commissioning insightful articles that captivate readers. Tommie's expertise spans a range of topics, from the cutting-edge world of cryptocurrency to the latest innovations in technology.

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