With a history spanning more than a century, UCO Bank is one of the most established and reputable banks in India. The bank has been able to weather many economic cycles and continue to develop in the highly competitive banking industry by placing a significant emphasis on customer-centricity and innovation. Many investors are interested in the likely course of UCO Bank’s share price in the upcoming years as they look to the future.
We will examine the share price target for UCO Bank from 2024 to 2030 in this article, which is based on a number of market variables, industry trends, and the bank’s own financial performance. We’ll also look at potential threats and gains that might affect the bank’s stock price and offer guidance for investors wishing to choose UCO wisely.
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UCO BANK SHARE PRICE TARGET 2024
Month | Maximum Price (₹) | Minimum Price (₹) |
---|---|---|
March 2024 | ₹53.90 | ₹46.87 |
April 2024 | ₹52.33 | ₹45.50 |
May 2024 | ₹51.56 | ₹44.83 |
June 2024 | ₹53.41 | ₹46.45 |
July 2024 | ₹52.88 | ₹45.98 |
August 2024 | ₹54.99 | ₹47.82 |
September 2024 | ₹57.19 | ₹49.73 |
October 2024 | ₹56.07 | ₹48.76 |
November 2024 | ₹58.32 | ₹50.71 |
December 2024 | ₹58.90 | ₹51.22 |
In 2024, the maximum price of UCO Bank shares is expected to fluctuate throughout the year, starting from around ₹53.90 in March and gradually increasing to approximately ₹58.90 by December. Similarly, the minimum price is anticipated to vary, beginning at about ₹46.87 in March and reaching around ₹51.22 by December. Investors may closely monitor these fluctuations to assess potential impacts on their investment decisions regarding UCO Bank.
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UCO BANK SHARE PRICE TARGET 2025
Month | Maximum Price (₹) | Minimum Price (₹) |
---|---|---|
January 2025 | ₹58.96 | ₹45.35 |
February 2025 | ₹59.08 | ₹45.44 |
March 2025 | ₹60.32 | ₹46.40 |
April 2025 | ₹59.13 | ₹45.49 |
May 2025 | ₹57.41 | ₹44.16 |
June 2025 | ₹59.99 | ₹46.15 |
July 2025 | ₹58.82 | ₹45.24 |
August 2025 | ₹60.64 | ₹46.64 |
September 2025 | ₹61.36 | ₹47.20 |
October 2025 | ₹62.96 | ₹48.43 |
November 2025 | ₹64.53 | ₹49.64 |
December 2025 | ₹67.44 | ₹51.88 |
UCO BANK SHARE PRICE TARGET 2026 TO 2030
UCO BANK SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
2026 | ₹83.02 | ₹53.43 |
2027 | ₹101.22 | ₹65.14 |
2028 | ₹123.40 | ₹79.42 |
2029 | ₹150.44 | ₹96.82 |
2030 | ₹183.40 | ₹118.04 |
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FINANCIAL STRENGTH OF UCO BANK (2019 to 2023)
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
Revenue | 14,331 | 15,134 | 14,446 | 14,981 | 17,651 | 20,982 |
Interest | 10,019 | 10,042 | 8,966 | 8,508 | 10,307 | 13,097 |
Expenses + | 12,753 | 11,539 | 8,845 | 7,658 | 6,729 | 8,316 |
Financing Profit | -8,441 | -6,446 | -3,365 | -1,185 | 614 | -430 |
Financing Margin % | -59% | -43% | -23% | -8% | 3% | -2% |
Other Income + | 1,514 | 2,871 | 3,424 | 3,101 | 2,508 | 3,100 |
Depreciation | 137 | 137 | 134 | 165 | 218 | 0 |
Profit before tax | -7,065 | -3,713 | -75 | 1,750 | 2,905 | 2,670 |
Tax % | 39% | 34% | 321% | 47% | 36% | |
Net Profit + | -4,321 | -2,437 | 167 | 930 | 1,862 | 1,709 |
EPS in Rs | -8 | -2 | 0 | 1 | 2 | 1 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
The company’s financial performance showcases a diverse journey over the analyzed period. Revenue demonstrated consistent growth, steadily increasing from ₹14,331 crore in March 2019 to ₹20,982 crore in the trailing twelve months ending March 2023. Concurrently, interest expenses rose steadily, indicative of heightened borrowing costs, while expenses experienced fluctuations, reflecting ongoing efforts in cost management. Notably, the company transitioned from a notable financing loss to a profit, with other income contributing positively. Despite fluctuations, profit before tax demonstrated an upward trajectory, resulting in an improved net profit, which climbed from a loss of ₹4,321 crore in March 2019 to ₹1,709 crore in March 2023. Moreover, earnings per share displayed a favorable progression, advancing from negative ₹8 to ₹2 over the same period. However, the dividend payout percentage remained static at 0%, implying a strategic focus on retaining earnings rather than disbursing dividends to shareholders.
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FAQ’s
What is the maximum share price target of UCO Bank in 2026?
The maximum share price target of UCO Bank in 2026 is Rs. ₹83.02
What is the maximum share price target of UCO Bank in 2027?
The maximum share price target of UCO Bank in 2027 is Rs. ₹101.22
What is the maximum share price target of UCO Bank in 2028?
The maximum share price target of UCO Bank in 2028 is Rs. ₹123.40
What is the maximum share price target of UCO Bank in 2029?
The maximum share price target of UCO Bank in 2029 is Rs.₹150.44.
What is the maximum share price target of UCO Bank in 2030?
The maximum share price target of UCO Bank in 2030 is₹183.40.
CONCLUSION: UCO BANK SHARE PRICE TARGET
The forecasted share price targets for UCO Bank from 2024 to 2030 demonstrate a promising outlook for investors. With a gradual increase projected in both maximum and minimum prices over the coming years, UCO Bank appears poised for growth and stability in the stock market. The bank’s established reputation, coupled with its focus on customer-centricity and innovation, instills confidence in its ability to navigate the challenges and capitalize on opportunities in the banking industry. As investors evaluate their options, the positive trajectory of UCO Bank’s share price targets provides a compelling case for consideration, potentially offering lucrative returns over the long term.
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