Top 6 PSU Banking Stocks Hit Their New 52-Week High, 3-Months Return Over 80%

Soon after Reserve Bank of India hiked interest rate by 35 bps, shares of leading PSU banking stocks hit their new 52-week high in trade today. These stocks are Bank of India, UCO Bank, Bank of Baroda, Indian Bank, Punjab & Sind Bank, and Central Bank of India. Maximum stocks have given over 80% return in last 3-months. The maximum intraday gain is 6%. Check key takeaways below:

1. Bank of India

The stock hit its new 52-week high in trade today when it climbed Rs 95.15 in trade on December 7, 2022. It gained 2.88% intraday. The PSU bank has a market capitalisation of Rs 38,101 crore. The stock has given maximum 81% return in just 3-months. It was incorporated in 1906.

2. UCO Bank

The last trading price of the stock is Rs 22 apiece with an intraday gain of 5.21%. The stock hit its new 52-week high today when it touched day's high of Rs 22 apiece. It has a market capitalisation of Rs 26542 crore. It has jumped 81% in last 3-months and 47% in last 1-month. It was incorporated in 1943.

3. Bank of Baroda

The last trading price of the stock is Rs 176 apiece with a gain of 1.18% in the today's trade. The stock hit its new 52-week high today. It has a market capitalisation of Rs 91,274 crore. The stock has jumped 91% in 1-year and 31% in 3-months. The bank was incorporated in 1911.

4. Indian Bank

The banking stock hit its new 52-week high when it surged the day's high at Rs 295 apiece on BSE. The last trading price of the stock is Rs 292 apiece with an intraday dip of 0.36%. It has a market capitalisation of Rs 36,373 crore. It came into existence in 1907.

5. Punjab & Sind Bank

The last trading price of the stock is Rs 28 apiece after an intraday decline of 4%. However, the stock managed to hit its new 52-week high in trade today. The banking stock has a market capitalisation of Rs 19486 crore. The stock has jumped 81% in last 3-months. It was incorporated in 1908.

6. Central Bank of India

The stock hit its new 52-week high today when it climbed the day's high of Rs 28.75 apiece. The last trading price of the stock is Rs 28 apiece with an intraday gain of 6%. The company has a market capitalisation of Rs 24436 crore. The banking company was incorporated in 1911.

Disclaimer

The stocks hit their new 52-week high in trade today. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.