Shares of UCO financial institution have been final buying and selling 2.97 per cent larger at Rs 13.94 on the BSE.
Share worth of UCO Bank gained greater than three per cent on Friday, May 28, a day after the financial institution introduced its January-March quarter outcomes for the monetary yr 2020-21. On Friday, UCO financial institution opened on the BSE at Rs 13.61, swinging to an intra day excessive of Rs 14.06, and an intra day low of Rs 13.45, within the buying and selling session to this point. According to a regulatory submitting by the financial institution to the inventory exchanges, UCO Bank reported a web revenue of Rs 80.03 crore within the fourth quarter of the fiscal yr 2020-21.
According to UCO Bank’s assertion, the online revenue stood at Rs 16.98 crore within the corresponding interval of the earlier fiscal yr, marking a five-fold year-on-year leap in revenue for the March quarter. The financial institution’s working revenue grew at 26 per cent year-on-year.
On the NSE, UCO Bank opened at Rs 13.65, touching an intra day excessive of Rs 14.05, and an intra day low of Rs 13.45, within the session to this point. It was final buying and selling 3.04 per cent larger at Rs 13.55 on the NSE.
Shares of UCO financial institution have been final buying and selling 2.97 per cent larger at Rs 13.94 on the BSE.
