UCO Bank (UCO), a public sector lender, witnessed a share price rally on Thursday after it reported six-fold growth in a net profit to Rs 2,847 million for the quarter ended Mar. 31, 2014, from Rs 495.60 million in the same period last year.

The bank's quarterly income totaled at Rs 53.09 billion, an increase of 17.28% over Rs 45.27 billion in the same period a year ago.

Shares of the bank are trading at Rs 109, up Rs 3.35, or 3.17% at the Bombay Stock Exchange (BSE) on Thursday at 9:20 a.m.

The scrip has touched an intra-day high of Rs 109.70 and low of Rs 108.50. The total volume of shares traded at the BSE is 175,858.

In the earlier session, the shares lost 0.89%, or Rs 0.94, at Rs 105.65. Currently, the stock is trading down 1.54% from its 52-week high of Rs 110.70 and above 136.96% over the 52-week low of Rs 46.