UCOBANK CMP:97.70
UCO Bank provides a full range of banking services throughout India. UCO Bank operates over 1,700 banking branches in India, as well as four branches in overseas locations.
UCO Bank is an excellent mid-cap value buy. Its currently valued at a P/E of little over 5 which makes it very attractive. Its Revenues, PAT and NPMhave grown consistently over the last 5 years. It has a decent NPM of 10% which has grown from 5% over a period of years. Its pretty high dividend yields of 1.5% in the last year adds value to the stock as well. Buy, accumulate on dips and hold for medium and long term gains.
UCO Bank provides a full range of banking services throughout India. UCO Bank operates over 1,700 banking branches in India, as well as four branches in overseas locations.
UCO Bank is an excellent mid-cap value buy. Its currently valued at a P/E of little over 5 which makes it very attractive. Its Revenues, PAT and NPMhave grown consistently over the last 5 years. It has a decent NPM of 10% which has grown from 5% over a period of years. Its pretty high dividend yields of 1.5% in the last year adds value to the stock as well. Buy, accumulate on dips and hold for medium and long term gains.
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