Net profit of UCO Bank reported to Rs 30.12 crore in the quarter ended September 2020 as against net loss of Rs 891.98 crore during the previous quarter ended September 2019. Total Operating Income declined 4.99% to Rs 3614.62 crore in the quarter ended September 2020 as against Rs 3804.64 crore during the previous quarter ended September 2019.

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UCO Bank will hold a meeting of the Board of Directors of the Company on 22 October 2020.

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UCO Bank announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 26 November 2020 .

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UCO Bank dropped for a fifth straight session today. The stock is quoting at Rs 11.85, down 0.42% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is up around 0.46% on the day, quoting at 11888.75. The Sensex is at 40454.86, up 0.68%.UCO Bank has lost around 9.2% in last one month.Meanwhile, Nifty PSU Bank index of which UCO Bank is a constituent, has eased around 8.68% in last one month and is currently quoting at 1293.3, up 1.03% on the day. The volume in the stock stood at 6.5 lakh shares today, compared to the daily average of 19.31 lakh shares in last one month.

The PE of the stock is 0 based on TTM earnings ending June 20.

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