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UCO Bank Share Price Target 2023, 2024, 2025, 2026, 2027, 2030

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UCO Bank Share Price Target: Hello, and welcome to this article. Today, we’ll review UCO Bank’s operations, how it earns profits, potential growth areas, and all sorts of information regarding this business to gain a better understanding of the trend in price targets of UCO Bank shares.

UCO Bank is present as a top banking institution in the Indian market. This bank was established years ago and since then it has been famous for its high-quality services.

At this time, there has been a tremendous surge in banking stocks, and some stocks have given excellent returns to their investors. Well, in this article we will know the name of the share of this bank and also check whether this share really has any potential.

This bank provides diverse services through retail banking, corporate banking, and international operations.

If we take a look at the performance of this bank over the past financial year we can see that they have achieved excellent performance. 

Whereas the profit growth is around 106 percent, which is very impressive. Along with this, the return on equity of this bank is more than 7%, which is an attractive aspect for investors.

The bank’s reserves are 13,809 crore, which shows its financial strength. In addition, the bank also has a liability of  Rs 5,260 crore. According to the analysis, the gross seller assets (SSA) of the bank stand at Rs 38,105 crore.

In addition, after analyzing the company’s stock, we will share the results with you, so that you will have an idea about this stock.

The company has good growth potential, and it is a great investment option for the long term. This article will discuss UCO Bank Share Price Target 2023, 2024, 2025, to 2030.

Before diving into UCO Bank stock price targets let’s look at the UCO Bank company background, the technical basics, fundamental analysis, shareholders, future potential, etc.

It will help you in making a final decision about your next investment. However, first, let’s examine company’s history and its complete business structure.

Fundamental Analysis of UCO Bank

  • Market Cap ₹ 44,954 Cr.
  • Current Price ₹ 37.6
  • High / Low ₹ 48.5 / 19.2
  • Stock P/E 24.2
  • Book Value ₹ 21.6
  • Dividend Yield 0.00 %
  • ROCE 4.75 %
  • ROE 7.55 %
  • Face Value  10.0
  • Price to book value 1.74
  • Price to Earning 24.2
  • OPM 60.1 %
  • EPS ₹ 1.56
  • Debt ₹ 2,69,839 Cr.
  • Debt to equity 10.5
  • Return on equity 7.55 %
  • Return on assets 0.65 %

UCO Bank Overview

The Bank sector company was founded on the 6th of January 1943, by G.D Birla. The head office of UCO Bank is in Kolkata, India and it has branches throughout India and branches in several countries.

The MD and CEO of the institution is Soma Sankara Prasad. the bank employs over 22000 people which is pretty good. The segments are Corporate Banking Operations, Retail Banking Operations, Treasury Operations, and Other Banking Operations.

 UCO Bank offers personal banking as well as international banking, and rural and corporate banking services. The range of loans offered includes personal loans, home credit, loans for education gold loans, and a car loan.

UCO Bank Shareholding Pattern

Shareholding pattern is one of the most important metrics to evaluate any stock. Now let’s discuss the UCO Shareholding Pattern:

  • Promoters hold 95.39% of the Share
  • Retail and other industries share 3.16% of shares.
  • Foreign Institutional Investors (FIIs) hold 0.03 percent of the share
  • International institutional investors (DIIs) are the holders of 1.24 percent of the share
  • Mutual Funds hold 0.11% of UCO Bank Share

share price history of UCO bank

UCO Bank’s shares have fluctuated throughout the years. The stock reached its peak in November of 2010, and then hit the highest level of Rs. 140. But, following that, the price plummeted to a minimum of 9.20 rupees in April 2020. 

In the years since, price has been on a steady flat curve, fluctuating between Rs.11 up to Rs.36 by 2023. Additionally, it has rebounded extremely well from a recent 52-week low.

UCO Bank Share Price Target 2023

In 1969, it came by the state, and 100 percent ownership of the bank was owned by the state government. 

In the following years, as a result of reforms to the bank as well as the expansion of branches, particularly in the rural regions, numerous modifications were made to the bank system. 

This led to efficient training and distribution of managerial facilities. It was renamed UCO Bank in 1985. 

The bank currently operates a network of more than 2000 branches, more than 350 ATMs, and 35 regional offices throughout the nation, as well as locations in Singapore in Singapore and Hong Kong.

UCO Bank Share Price Target For 2023 As Follows:

20231st Target- Rs.48
2nd Target- Rs.55

UCO Bank share price Target 2024

UCO Bank provides its services for personal banking that offer numerous products and services for personal banking such as savings, deposits, education loans, personal loan, auto loans RTGS debit cards, and more. 

It also provides working capital, long-term loan, mortgage loans backed by short term pensioners in the government as well as other services. It also assists the agricultural as well as SME sectors.

UCO Bank Share Price Target For 2024 As Follows:

20241st Target- Rs.79
2nd Target- Rs.120
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UCO Bank share price Target 2025

UCO Bank has entered into an agreement to purchase the 3% stake in Bharat Loan Solutions Company. This acquisition will amount to an estimated sum of Rs 1.50 crore. 

The company’s bank deposits will be 3percent which means that it is not required to get approval.

India Debt Resolution Company is an asset rehabilitation center owned by the state that allows for appreciated assets created by the public sector may be transferred. 

UCO Bank Share Price Target For 2025 As Follows:

20251st Target- Rs.165
2nd Target- Rs.190

UCO Bank share price Target 2026

UCO Bank has expanded its fintech partnership with Fisdom to include a demo account as well as services for selling pension funds, stocks as well as tax return forms, all with the intention of offering customers bank information from third parties. 

The extension suite will be available upon demand to UCO Bank, UCO mBanking Plus and will eventually become available via the web-based banking system.

UCO Bank Share Price Target For 2026 As Follows:

20261st Target- Rs.219
2nd Target- Rs.242

UCO Bank Share Price Target 2027

UCO Bank is to continue its expansion momentum thanks to its efforts to increase the capabilities of its online business, enhancing the customer experience and enhancing its position on the market. 

The bank’s solid business performance as well as its strategic plans will allow it to take advantage of new opportunities and provide long-term value for its shareholders.

UCO Bank Share Price Target For 2027 As Follows:

20271st Target- Rs.285
2nd Target- Rs.304
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UCO Bank share price Target 2028

PSUs are able to transfer items that are agency-centric and that’s why they are able to clean up their books. The purpose of establishing an agency of this kind will be to accelerate resolution process and boost acquisitions.

UCO Bank Share Price Target For 2028 As Follows:

20281st Target- Rs.320
2nd Target- Rs.387

UCO Bank share price Target 2030

UCO Bank in partnership with National Payments Corporation of India has launched UCO Bank RuPay Select Contactless Debit Card for customers who pay on the day of the official opening that the bank was established. 

This debit card that is not tangible has a variety of advantages, and has been chosen taking into consideration the needs and lifestyles of top customers of banks. 

It also gives customers a limit on withdrawals of 50000 dollars from ATM and a purchase limit of up to 2 lakh when using POS or online shopping.

UCO Bank Share Price Target For 2030 As Follows:

20301st Target- Rs.450
2nd Target- Rs.490

UCO Bank Share Price Target 2050

UCO Bank Share Price Target For 2050 As Follows:

20501st Target- Rs.900
2nd Target- Rs.1050
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what is The future of UCO bank share?

UCO Bank will look to establish more fintech partnerships with Fisdom that will include demat accounts, stockbroking services pension funds, as well as tax filing in the hopes of delivering a seamless personal banking experience for customers.

UCO Bank will enter into Aadhaar Housing Finance to offer home loans with competitive rates. 

The aim of this partnership is to offer an easy and efficient home finance options to those who come from the economically weaker segments of the society.

Risks of UCO Bank share

  • UCO Bank has a very low ROA record. Average ROA percentage over the last three financial years was -0.97 percent.
  • The UCO Bank’s ROE percentage over the past three years is very extremely low, at -20.64 percent.
  • UCO Bank has high NPA rate. Its average NPA rate over the past three years was 6.37 percent.
  • UCO Bank has posted a low growth in earnings of 1.00 percent in the last three fiscal years.
  • The growth in advance credit of UCO Bank in the last three financial years has been 1.19 percent.

What is the result of Q1 FY2024 in UCO Bank?

The UCO Bank’s Quarter 1 FY2024 figures indicate positive trends and growth across a wide range different financial indicator.

The bank’s net profit increased astonishingly by 80.80 percent, to reach 223 crores. 223 crores as compared with Rs. 124 crores during the same time frame of the prior fiscal year. 

Operating profit recorded a staggering increase of 173%, increasing to 1,202 crores from Rs. 1,202 crores, up from the Rs. 439.94 million in the Q1 of FY23.

The bank’s operations saw significant growth in total revenue, growing by 16 percent. In addition, deposits accounted for the 10.80 percent growth, while advances accounted for a significant increase of 25. 

Domestic advances saw a laudable rise of 21% which was driven by 19% increase in the retail Agri, agri and MSME 15 percent segments. 

The bank’s Gross NPA fell significantly to 4.48 percent, down from 7.42 percentage in June and 4.78 percent in March and reflected a significant reduction in the YoY and QoQ. 

In the same way, Net NPA improved to 1.18 percent from 2.09 percent in June ’22 and 1.29 percent in March.

Net interest earnings (NII) for the lender grew by 21.78 percent to Rs. 2,009 crores. This translates to an increase in the Net interest rate of 2.86 percent. 

In addition capital adequacy Ratio (CRAR) showed an upward trend, achieving 16.85 percent, with CET1 and Tier 1 CET1 and Tier 1 ratios that are 14.16 percent and 13.70%, respectively. which indicates an increase of 240bps over June 22.

To limit risk and ensure that it is in line with current standards, banks has established guidelines of the amount of Rs. 389 crores in normal NPA and for standard NPA, Rs. 163 crores for normal assets of SMA1 and the SMA2 categories. 

In addition, a forecast-oriented provision amounting to Rs. 135 crores was set in order to tackle the possibility of ECL problems.

UCO Bank has been strategically investing in enhancing its deposit portfolio, specifically the CASA segment, and is aiming to improve its digital operations. 

Initiatives like the tab-based banking system and the digital revolution aim to provide the most seamless and efficient customer experience when banking. 

Additionally the bank is committed to improving its credit portfolio by focusing on the mid-corporate sector.

Also Read: Larsen and Toubro Share Price Target

Evolving Landscape of India’s Banking Industry

Innovative technologies like AI, blockchain, and cloud computing are able to simplify processes, automate processes, and deliver customized experiences for customers.

In his recent speech, RBI Governor Shaktikanta Das stated that retail customers need rapid, reliable, and personalized banking services from their banks.

He encouraged banks to take advantage of the latest technologies and join forces with fintechs in order to remain in the game.

Amidst these pressures, India’s banks have stayed strong. They’ve fought the macroeconomic, interest rate, and competition risks to provide strong financial returns.

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. Though this is just for informational purposes, We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

conclusion

This article is a complete guide to UCO Bank Share Price Target, where you can find out what UCO Bank is, its businesses, and UCO Bank Share Price Target 2023, 2024, 2025 to 2030.

Share price forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. Also, We have talked in detail about UCO Bank’s future prospects and growth potential.

Hopefully, this information will help by having all the share price details of UCO Bank so that you can consider investing in the future. If you have any questions, please contact us in the comment box.

We will be happy to answer any questions you may have. If you like this information, share the article with as many people as possible.

FAQs

What is the share price of UCO Bank in 2025?

The share price OF UCO Bank in 2025 can be between 165 and 190 rupees.

Is UCO Bank a debt free company?

UCO Bank is not a debt-free company. 

Where is the headquarter of UCO Bank?

The head office of UCO Bank is in Kolkata, India.

Is it good to buy UCO Bank shares in 2024?

A variety of factors, including the bank’s performance in the coming months, the government’s decisions regarding banks, and internal decisions made by the governing authorities as well as market sentiments will determine the future for UCO Bank.

Since UCO Bank is a PSU bank, it is anticipated that all of the factors mentioned above favor UCO Bank and it is predicted to expand in future.

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