UCO Bank Sees 8.86 Million Shares Traded, Ranking Among Top Volume Movers Today

UCO Bank, a prominent player in the public sector banking industry, has emerged as one of the most active equities today, with a total traded volume of 8,864,960 shares and a total traded value of approximately Rs 2,785.37 lakhs. The stock opened at Rs 30.96 and reached a day high of Rs 32.18, reflecting a notable intraday gain of 3.88%. This performance marks a trend reversal for UCO Bank, which had experienced two consecutive days of decline prior to today.
The stock's last traded price stands at Rs 32.12, outperforming its sector by 0.87%. Despite this positive movement, investor participation has seen a decline, with delivery volume dropping by 31.97% compared to the five-day average. UCO Bank's liquidity remains robust, with trading activity sufficient for a trade size of Rs 0.73 crore, based on 2% of the five-day average traded value.

In terms of moving averages, UCO Bank's stock is currently above the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Overall, UCO Bank's performance today reflects a significant rebound in a mid-cap public sector bank amidst a broader sector gain of 2.07%.