UCO Bank drops for fifth straight session

UCO Bank fell for a fifth straight session today. The stock is quoting at Rs 50.92, down 0.61% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.4% on the day, quoting at 25153.45. The Sensex is at 82172.16, up 0.47%.UCO Bank has eased around 10.59% in last one month.Meanwhile, Nifty PSU Bank index of which UCO Bank is a constituent, has eased around 6.38% in last one month and is currently quoting at 6954.1, up 0% on the day. The volume in the stock stood at 18.63 lakh shares today, compared to the daily average of 65.45 lakh shares in last one month.

The PE of the stock is 30.86 based on TTM earnings ending June 24.