Bank Stocks: Great returns in government bank shares! 50 rupees can get incredible profit –

Bank Stocks: Currently, the stock market is going through mixed conditions. Stocks of big companies like Adani Group are yet to overcome the Hindenburg shock. As a result, investors are somewhat tight in terms of investment. A number of stocks have been identified in such a situation, investing in which increases the profit potential of the investors. The stocks being talked about here are government bank stocks.

If a person wants to have the most powerful stocks in his portfolio, he can invest in UCO Bank, Indian Overseas Bank, Bank of Maharashtra and Central Bank of India. These stocks have returned up to 140% in just 6 months.

Public Sector Banks (PSBs) reported a total net profit of Rs 29,175 crore in the December quarter of the current financial year. Which is 65 percent more than the previous year. Bank of Maharashtra (BoM) emerged as the best performer among these banks.

Shares of UCO Bank

Shares of Uco Bank traded at Rs 27.35 on Tuesday. Which is about 2 percent less than the previous day. The stock has given investors a strong return of 140.52 percent in the last 6 months. The stock has returned 118 percent to investors over the last one year.

Shares of Indian Overseas Bank

Indian Overseas Bank stocks also gained. After falling 2.75 percent on Monday, the stock remained in the red zone on Tuesday. Although the stock has gained 50 percent in 6 months. The stock has returned 35 percent in one year.

Shares of Central Bank

Shares of Central Bank of India fell 2.34 percent on Monday. Besides, the share is in the red zone on Tuesday as well. The share price is Rs 26.55 on that day. But it has given investors 52.10 percent profit in last 6 months.

Shares of Bank of Maharashtra

Bank of Maharashtra has returned 57.35 percent to investors in the last 6 months. Currently, the stock is about Rs 9 below its 52-week high of Rs 36.25. However, the stock closed down 3.19 percent on Monday. Again, the same trend is maintained on Tuesday.

(B. Note: The report is for informational purposes only. Investing in share market is subject to market risk. Hence investment should be done with expert advice and at own risk.)

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