UCO Bank Sees 8.29 Million Shares Traded, Marking High Volume Activity Today
UCO Bank has emerged as a highly traded stock today, with over 8 million shares exchanged. The stock opened at Rs 31.35, reaching a high of Rs 32.02, and demonstrated a notable upward trend over the past week, despite a slight dip in investor participation.
UCO Bank, a prominent player in the public sector banking industry, has shown significant activity today, making it one of the most actively traded equities by volume. The stock, trading under the symbol UCOBANK, recorded a total traded volume of 8,287,306 shares, with a total traded value of approximately Rs 2,618.79 lakhs. Opening at Rs 31.35, UCO Bank reached a day high of Rs 32.02 before settling at a last traded price of Rs 31.23. This performance reflects a 2.05% increase in stock value for the day, outperforming its sector, which saw a mere 0.22% increase. Over the past five days, UCO Bank has demonstrated a consistent upward trend, gaining 7.07% during this period.
Despite this positive momentum, there has been a slight decline in investor participation, with delivery volume on October 3 falling by 2.5% compared to the five-day average. The stock remains liquid, with trading activity representing 2% of the five-day average traded value, indicating a trade size capacity of Rs 0.64 crore.
Overall, UCO Bank's performance today highlights its strong market position within the mid-cap sector, showcasing resilience amid fluctuating investor engagement.
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