NSE: UCOBANK · 9 November 2026
- UCO Bank shares edged higher today, trading up 0.92% at ₹24.19. The stock moved within a intraday range of ₹23.87 on the low side and ₹24.28 on the high side, opening at ₹23.96 compared to its previous close of ₹23.97.
- UCO Bank announced that its Asset Liability Management Committee reviewed and revised benchmark lending rates effective November 7, 2026. The one-year MCLR was adjusted to 8.90% from 8.80%, while overnight and one-month MCLRs were revised to 8.00% and 8.30% respectively. Other benchmarks such as TBLR and G-Sec linked rates were also adjusted, whereas repo-linked rates, base rate, and BPLR remained unchanged.
- Trading volume was 1.15 times the 20-day average daily volume.
Why is UCO Bank share price rising on 9 November 2026?
UCO Bank shares edged higher today, trading up 0.92% at ₹24.19. The stock moved within a intraday range of ₹23.87 on the low side and ₹24.28 on the high side, opening at ₹23.96 compared to its previous close of ₹23.97.
The broader market benchmark Nifty rose marginally by 0.06%, while the Nifty Financial Services sector benchmark traded alongside broad market trends. UCO Bank's move reflects ongoing price action following a 5-day return of 7.56% and a 20-day return of 4.04%, building on a prior two-session return of 3.74% after a slight dip of -0.08% in the session prior.
Company disclosures from early November show that the bank's Asset Liability Management Committee revised its benchmark lending rates effective November 7, 2026, raising various MCLR tenors by 10 basis points, with overnight MCLR at 8.00% and one-year MCLR at 8.90%. Additionally, S&P Global Ratings assigned the bank a long-term issuer credit rating of 'BBB' and a short-term rating of 'A-2' with a stable outlook on November 4, 2026. While these updates provide broader operational context, today's modest price gain aligns closely with steady stock-specific participation rather than a single direct same-day catalyst.
56.17 lakh shares traded by 9 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 48.99 lakh shares (1.15 times). The five-day average daily volume was 33.36 lakh shares. Separately, the NSE report for 9 November 2026 showed 21.68 lakh shares delivered, representing 38.59% of that day’s traded volume. The same report recorded 14,016 trades.
The modest upward price movement lacks a direct same-day corporate trigger, occurring alongside steady cash volume and positive 5-day return performance. Recent fundamental updates such as MCLR revisions and S&P credit rating assignments provide broader context but are not directly tied as immediate same-day catalysts.
Latest Company Developments
UCO Bank announced that its Asset Liability Management Committee reviewed and revised benchmark lending rates effective November 7, 2026. The one-year MCLR was adjusted to 8.90% from 8.80%, while overnight and one-month MCLRs were revised to 8.00% and 8.30% respectively. Other benchmarks such as TBLR and G-Sec linked rates were also adjusted, whereas repo-linked rates, base rate, and BPLR remained unchanged.
Modifications in benchmark lending rates directly impact the bank's loan pricing dynamics, interest income potential, and overall net interest margins across different borrowing tenors.
S&P Global Ratings assigned UCO Bank a long-term issuer credit rating of 'BBB' and a short-term issuer credit rating of 'A-2' with a stable outlook. The rating action highlights a very high likelihood of extraordinary government support, sufficient capitalization, solid funding profiles, and healthy liquidity underpinning the bank's credit quality over the next two years.
External credit ratings influence borrowing costs, institutional confidence, funding flexibility, and overall market perception of balance-sheet risk for public sector lenders.
UCO Bank updated exchanges regarding its non-deal roadshow held in Dubai on November 2 and November 3, 2026. Senior officials interacted with multiple institutional investors through one-on-one and group meetings, discussing publicly available information regarding the bank's financial results and proposed foreign currency fund raising through its Medium-Term Note programme.
Institutional interactions provide transparency regarding capital raising plans and strategic business initiatives, supporting long-term investor engagement.
'Press Release on Unaudited (Reviewed) Financial Results for the quarter and half year ended 30th September, 2026'.
assignment of issuer Rating by S&P Global Ratings.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 0.30% on 30 September 2026. This compares with 0.30% on 30 June 2026, a change of +0.00 percentage points.
The filing reported 18 MF/UTI holders.
Research & Brokerage Views
Analyst Mehul Kothari of Anand Rathi featured UCO Bank among top stock picks to watch under ₹100.
Historical Bulk / Block Deals
What to Watch Next
- Execution and financial impact of the revised MCLR benchmark rates effective November 7, 2026.
- Progress on proposed foreign currency fund raising through the Medium-Term Note (MTN) programme.
- Movements in delivery volume percentages and participation relative to the 20-day average volume of 1.15x.
- Future updates regarding asset quality metrics and non-performing asset ratios as tracked by rating agencies.
Other Dated Coverage
- UCO Bank Share Price Today: Why UCOBANK Is Rising 1.68% | 4 November 2026 — 4 November 2026
- UCO Bank Share Price Today: Why UCOBANK Is Rising 1.95% | 2 November 2026 — 2 November 2026
- UCO Bank Share Price Today: Why UCOBANK Is Falling 1.16% | 28 October 2026 — 28 October 2026
More UCO Bank news and dated analysis →
Frequently Asked Questions
What is the latest UCO Bank company news?
UCO Bank announced that its Asset Liability Management Committee reviewed and revised benchmark lending rates effective November 7, 2026. The one-year MCLR was adjusted to 8.90% from 8.80%, while overnight and one-month MCLRs were revised to 8.00% and 8.30% respectively. Other benchmarks such as TBLR and G-Sec linked rates were also adjusted, whereas repo-linked rates, base rate, and BPLR remained unchanged.
How strong was UCO Bank’s trading volume?
56.17 lakh shares traded, 1.15 times the 20-day average daily volume. The price and volume data are dated 9 November 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.