UCO Bank Trades 14.95 Million Shares, Ranking Among Today's Most Active Stocks

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 14,953,642 shares and a total traded value of approximately Rs 47.42 crores. The stock opened at Rs 30.98 and reached an intraday high of Rs 32.25, reflecting a notable gain of 4.88% during the trading session. As of the latest update, the last traded price stands at Rs 32.01.
Today’s performance indicates that UCO Bank has outperformed its sector by 1.52%, marking a trend reversal after three consecutive days of decline. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

In the broader context, public banks have collectively gained by 2.22%. However, UCO Bank has experienced a decline in investor participation, with delivery volume dropping by 52.72% compared to the 5-day average. Despite this, the stock maintains sufficient liquidity for trades, with a market capitalization of Rs 40,176.75 crores, categorizing it as a mid-cap entity. Overall, UCO Bank's performance today reflects a significant rebound amidst fluctuating market conditions.