In this post, we will discuss the factors that will affect UCO Bank share price target in 2025. Besides, we will also discuss other important factors like UCO Bank Share Price prediction, PSU financial reports, and share price performance of UCO Bank.
What is UCO Bank?
UCO Bank is the 9th largest public sector bank in India by market capitalization. It was founded in 1943 by the first commercial bank in India, United Commercial Bank. In 1985, the bank was renamed to UCO.
What does UCO Bank do?
UCO Bank operates and maintains over 3205 branches and 2564 ATMs across the country. It has more than 21,000 employees. UCO Bank offers consumer banking, investment banking, and wealth management services.
Who is the managing director and chief executive officer of uco bank?
Ashwani Kumar is the managing director of uco bank. It is based in kolkata West Bengal.
UCO Bank Latest News
On March 19, 2024, UCO Bank’s share price opened at Rs. 65 and closed at Rs. 60 on the NSE.
On April 18, 2024, the Central Bureau of Investigation conducted a series of raids in and around UCO Bank in the vicinity of the bank in connection with alleged fraud of more than Rs 800 crores in IMPS transactions from November 10 to November 11, 2023, in the accounts of 41,000 account holders of UCO Bank.
On February 20, 2024, the Cabinet Appointed a part-time NOD (Non-Official Director) and Non-Executive Chairperson of UCO Bank Board of Directors.
UCO Bank Share Price Target 2024
Month (2024)Maximum TargetMinimumTarget
JanuaryRs – Rs –
FebruaryRs – Rs –
MarchRs 55.00Rs 34.87
AprilRs 57.20Rs 35.10
MayRs 59.83Rs 36.19
JuneRs 60.25Rs 38.22
JulyRs 60.10Rs 40.02
AugustRs 62.92Rs 41.06
SeptemberRs 63.99Rs 42.05
OctoberRs 64.17Rs 42.92
NovemberRs 66.03Rs 43.80
DecemberRs 67.62Rs 45.30(This prediction is based upon our understanding seeing the history of the above stock, expert advice is critical before making any investment-related commitment)
UCO Bank Share Price Target 2025
Month (2025)Maximum TargetMinimumTarget
JanuaryRs 69.13Rs 47.89
FebruaryRs 70.06Rs 48.54
MarchRs 72.90Rs 48.80
AprilRs 73.91Rs 50.04
MayRs 73.05Rs 51.16
JuneRs 75.60Rs 52.03
JulyRs 76.51Rs 52.86
AugustRs 76.25Rs 54.00
SeptemberRs 77.42Rs 55.76
OctoberRs 79.00Rs 54.74
NovemberRs 80.22Rs 56.90
DecemberRs 80.00Rs 57.91(This prediction is based upon our understanding seeing the history of the above stock and its prospects, an investor is advised to seek expert advice before making any investment-related commitment
UCO Bank Share Price Target 2026 to UCO Bank Share Price target 2030
Year Maximum TargetMinimum Target
2026Rs 96.20Rs 59.702027Rs 112.08Rs 70.07
2028Rs 129.18Rs 82.85
2029Rs 144.00Rs 95.80
2030Rs 160.88Rs 107.60(This prediction is based upon our understanding seeing the history of the above stock, expert advice is critical before making any investment-related commitment
UCOBANK: NSE Financials 2023
UCO Bank Market Capitalisation: 59,779.79 Crores INR
UCO Bank Reserves and Borrowings: 13,808.55 Cr INR and 20,501.08 Cr INR (March 2023) Respectively
UCO Bank 52 Week High-Low: Rs 70.65 – Rs 22.25
Revenue73.73 Billion INR 29.22% YOY
Operating expense54.91 Billion INR 15.32% YOY
Net Income18.62 Billion INR 100.30% YOY
Net Profit Margin25.26 55.06% YOY
Earnings Per Share
EBITDA
Effective Tax Rate
Total Assets3.01 Trillion INR 12.35% YOY
Total Liabilities2.75 Trillion INR 12.66% YOY
Total Equity256.04 Billion INR
Return on assets0.66%
Return on Capital
P/E Ratio35.33
Dividend YieldUCO Bank Ltd Shareholding Pattern
- Promoters: 95.39%
- FII: 0.01%
- DII: 1.25%
- Retail & Others: 3.28%
- Mutual Funds: 0.08%
UCO Bank Ltd Competitors (Market Cap: 59,779.79 crores INR
- SBI Market Cap: 646,632.76 crores INR
- PNB Market Cap: 129,764.82 crores INR
- Bank of Baroda Market Cap: 129,284.05 crores INR
- Union Bank of India Market Cap: 114,007.90 crores INR
- IOB Market Cap: 110,390.09 crores INR
- Canara Bank Market Cap: 99,278.28 crores INR
Points to consider before investing in UCO Bank Stock
UCO Bank is currently facing the repercussions of a huge fraud which took place between 10 to 11 November 2023, through IMPS, which led to the loss of more than Rs 800 crores in 41,000 accounts of UCO bank.
Since then, the CBI has carried out several raids and searches in the locations where the funds were transferred. This has damaged UCO Bank’s reputation and is a reason to discourage investors from investing in UCO Bank’s stock.
In the third-quarter of 2023, the bank’s net profit stood at Rs 652.97 crores, while the PSC’s net profit decreased to Rs 503.83 crores in the same quarter. The bank’s non-performing assets (NPAs) ratio decreased from 5.63% to 3.85% in the same quarter (year-on-year).
UCO Bank’s business grew 10.46% in the 3rd quarter of FY23 to Rs 435456 crores.
UCO Bank’s operating model continues to be effective, which has been seen in the SBI’s financial report in the past couple of years.
In the 3rd fiscal quarter of the 2023 fiscal year, UCO Bank continued to show a positive trend in revenue, net profit, and EBITDA growth.
This is a positive development for UCO Bank’s share price in the stock market as investors will be reading the annual financial reports of State Bank of India.
Conclusion
The share price history of UCO Bank gives investors an insight into the stock performance of UCO Bank’s NSE Stock in the past few months. For the past five years, UCO Bank’s share prices have shown a relatively stable trend. However, in mid-October, 2022, the stock price started appreciating. Since then, the share price on the NSE has risen by more than 400% from Rs.12 to Rs.50.20.
UCO Bank’s stock has gone through many highs and lows over the long term.
UCO Bank Share Price in 2008, the share price of UCO Bank reached its initial intraday peak of Rs 50. In 2010, the stock reached its highest intraday level of Rs 152,00 per share. However, since then, the share price has lost momentum and has failed to regain its previous peak.
The stock market is volatile and there are a number of factors that can influence the share price of a stock. Therefore, before making any investment, it is recommended that you seek professional advice.
At India Property Dekho, we always recommend that you do thorough research on a stock and what factors influence its price in the short term and long term.
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