UCO Bank Share Price Target 2025, 2026, and 2030

In order to introduce the idea of a commercial bank to India, Ghanshyam Das Birla formed UCO Bank in 1943. Before being rebranded to UCO in 1985, the bank was known as United Commercial Bank.
At the moment, UCO Bank employs over 21,000 people and manages over 3205 branches and 2564 ATMs around the nation. UCO Bank, which offers wealth management, investment banking, and consumer banking services, is the ninth-largest public sector bank in the nation with a market worth of about 600 billion Indian rupees. Currently, Mr. Ashwani Kumar holds the positions of MD and CEO at UCO Bank, which is based in Kolkata, West Bengal.
By reading this article, investors will be able to make better educated investing decisions by learning about factors that will affect the UCO Bank Share Price Target 2025. We'll also talk about other important topics like PSU's financial reports, share price performance, and the UCO Bank Share Price prediction . 

UCO Bank Latest News

UCO Bank's Share Price Today, March 19, 2024, or Rs 50.65, was the opening.  Prior to this, UCOBANK NSE Stock closed at Rs 50.60 on the stock exchange on Monday, March 18, 2024.
In relation to the UCO Bank's alleged misappropriation of over 800 crores between November 10 and 11, 2023 through IMPS transactions from the 41,000 PSU bank account holders, the Central Bureau of Investigation apparatus raided numerous places earlier in the second week of March 2024.
In a meeting held in the last week of February 2024, the Appointments Committee of the Cabinet (ACC) selected Aravamudan Krishna Kumar to be the non-executive chairman of the PSU bank and a part-time, non-official director of UCO Bank.

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 2030Year Maximum TargetMinimum Target

2026Rs 96.20Rs 59.70

2027Rs 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 2023UCO Bank Market Capitalisation: 59,779.79 Crores INRUCO 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 22.25Revenue73.73 Billion INR 

•  55.06% YOY
• Earnings Per Share  EBITDA  Effective Tax Rate  Total Assets3.01 Trillion INR
•  12.35% YOY
• Total Liabilities2.75 Trillion INR
• Total Equity256.04 Billion INR
•  

Return on assets0.66% 

• Return on Capital  P/E Ratio35.33 
• Dividend Yield  

UCO 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

An enormous fraud involving the IMPS (Immediate Payment Service) that occurred on November 10 and 11, 2023, is being handled by the UCO bank. The fraud involved the theft of over 800 crores of rupees from 41,000 bank accounts. Since then, the CBI has carried out numerous raids and searches to locate the accounts that received the payments. This tarnishes UCO Bank's image and makes it harder for investors to have faith in the stock.
PSU Bank's net profit in the third quarter of 2023 decreased by 22.8% year over year to Rs 503.83% from UCO Bank's reported net profit of Rs 652.97 crores.

However, in the same third quarter of 2023, UCO Bank's non-performing asset dropped from 5.63% to 3.85% (YOY).
In the third quarter of the fiscal year 2023 (Q3 FY23), UCO Bank's business grew by 10.46% (YOY) to Rs 435456 crores.
According to the PSU financial report for the preceding years, UCO Bank is still running well. For the fiscal year 2023, UCO Bank had gains in net profit, revenue, EBITDA, and other categories. Investors will be looking at PSU's annual financial reports, which is good news for the price of UCO Bank shares on the stock market.

Conclusion
The UCO Bank Share Price History provides investors with a wealth of information regarding the performance of the UCO BANK NSE Stock over the previous few months. The UCO Bank Share Prices have generally been steady for the last five years of trading; however, in mid-October 2022, the UCO stock started to rise up a relatively high ladder. Ever since, the value of a UCO Bank share on the NSE has surged by about 400%, currently standing at Rs 50.20 per share, up from Rs 12 per share prior to that.

For an even longer duration, the UCOBANK NSE Stock trajectory has seen several highs and lows.
UCO Bank Share Price in 2008 marked the first occasion that the UCO Bank Share Price exceeded the Rs 50 mark. 2010 saw the all-time high of Rs 152 per share for UCO Bank stock. However, since then, the stock has dropped dramatically and has struggled to return to its peak.

Investors should obtain professional assistance and be aware of the market's risk elements before making any commitments related to stock market investments. India Property Dekho regularly suggests researching the stock and factors affecting it for both short- and long-term periods of time.