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    Union Bank Of India Share PriceUnion Bank of India

    Large Cap 31.5k Result
    ₹108.8
    0.95 (0.88%)
    As on 02 December, 2023 | 17:56 BSE: 532477 NSE: UNIONBANKISIN: INE692A01016

    Union Bank Of India Performance

    Day Range

    • Low 107.65
    • High 110.70
    ₹ 108.8

    52 Week Range

    • Low 60.35
    • High 116.00
    ₹ 108.8
    • Open Price108.50
    • Previous Close107.85
    • Volume20204953

    Start SIP in Union Bank of India

    Start SIP

    Union Bank Of India Share Price

    • Over 1 Month 5.38%
    • Over 3 Month 26.36%
    • Over 6 Month 50.48%
    • Over 1 Year 33.5%

    Union Bank Of India Key Statistics

    P/E Ratio 6.8
    PEG Ratio 0.1
    Market Cap Cr 80,647
    Price to Book Ratio 1.1
    EPS 11.4
    Dividend 2.8
    Relative Strength Index 56.22
    Money Flow Index 70.05
    MACD Signal 1.83
    Average True Range 3.42

    Union Bank Of India Investment Rating

    • Master Rating:

    • Union Bank Of India has an operating revenue of Rs. 109,173.74 Cr. on a trailing 12-month basis. An annual revenue growth of 19% is outstanding, Pre-tax margin of 13% is healthy, ROE of 11% is good. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 30% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around 1% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 66 which is a FAIR score but needs to improve its earnings, a RS Rating of 70 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 150 indicates it belongs to a poor industry group of Banks-Money Center and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock definitely has some strength, you may want to examine it in more detail.

    EPS Strength

    Price Strength

    Buyer Demand

    Group Rank

    Union Bank of India Financials
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 24,58723,47822,00520,88319,68218,17417,174
    Operating Expenses Qtr Cr 5,6005,5646,6965,2805,0044,9514,492
    Operating Profit Qtr Cr 7,2217,1796,8236,6196,5775,4485,520
    Depreciation Qtr Cr 0000000
    Interest Qtr Cr 15,46114,63813,75412,25511,37710,59310,405
    Tax Qtr Cr 1,9421,9381,1051,338653608462
    Net Profit Qtr Cr 3,5113,2362,7822,2451,8481,5581,440
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 95,37680,469
    Operating Expenses Annual Cr 21,93118,438
    Operating Profit Annual in Cr 25,46721,873
    Depreciation Cr 737738
    Interest Annual Cr 47,97840,157
    Tax Annual Cr 3,7043,347
    Net Profit Annual Cr 8,4335,232
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 5,98436,214
    Cash from Investing Activity Annual Cr -2,408-357
    Cash from Financing Annual Activity Cr -10,926-767
    Net Cash Flow Annual Cr -7,35035,090
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 78,33470,576
    Fixed Assets Annual Cr 8,8267,191
    Total Non Current Assets Annual Cr 00
    Total Current Assets Annual Cr 932,628831,892
    Total Assets Annual Cr 1,280,7521,187,591
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 115103
    ROE Annual % 128
    ROCE Annual % 65
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 00
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 24,73223,61322,16320,96619,77818,25617,028
    Operating Expenses Qtr Cr 6,1895,9737,0855,7465,4975,1593,391
    Operating Profit Qtr Cr 7,2657,1856,8696,6476,5955,4485,555
    Depreciation Qtr Cr 0000000
    Interest Qtr Cr 15,49814,66413,81012,24211,38410,59810,409
    Tax Qtr Cr 1,9441,9401,1141,340654608464
    Net Profit Qtr Cr 3,5723,2722,8122,2641,8531,5831,557
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 97,07981,754
    Operating Expenses Annual Cr 23,48719,703
    Operating Profit Annual in Cr 25,55821,873
    Depreciation Cr 745745
    Interest Annual Cr 48,03340,178
    Tax Annual Cr 3,7163,358
    Net Profit Annual Cr 8,5125,265
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 6,11136,339
    Cash from Investing Activity Annual Cr -2,561-558
    Cash from Financing Annual Activity Cr -10,654-786
    Net Cash Flow Annual Cr -7,10434,995
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 78,80470,861
    Fixed Assets Annual Cr 8,8487,208
    Total Non Current Assets Annual Cr 00
    Total Current Assets Annual Cr 935,782834,718
    Total Assets Annual Cr 1,288,3571,193,766
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 115104
    ROE Annual % 128
    ROCE Annual % 65
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 00
    Invest in Union Bank Of India

    Union Bank Of India Technicals

    EMA & SMA

    Current Price
    ₹108.8
    0.95 (0.88%)
    pointer
    • Bullish Moving Average
    • ___
    • 16
    • Bearish Moving Average
    • ___
    • 0
    • 20 Day
    • ₹107.01
    • 50 Day
    • ₹103.12
    • 100 Day
    • ₹96.75
    • 200 Day
    • ₹87.02
    • 20 Day
    • ₹107.29
    • 50 Day
    • ₹104.27
    • 100 Day
    • ₹96.56
    • 200 Day
    • ₹83.57

    Union Bank Of India Resistance and Support

    PIVOT
    ₹109.05
    Resistance
    First Resistance 110.45
    Second Resistance 112.10
    Third Resistance 113.50
    RSI 56.22
    MFI 70.05
    MACD Single Line 1.83
    MACD 1.66
    Support
    First Resistance 107.40
    Second Resistance 106.00
    Third Resistance 104.35

    Union Bank Of India Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 22,125,297 977,053,116 44.16
    Week 20,162,206 1,013,755,730 50.28
    1 Month 18,709,003 832,176,464 44.48
    6 Month 23,716,244 960,982,199 40.52

    Union Bank Of India Result Highlights

    Union Bank of India Synopsis

    NSE-Banks-Money Center

    Union Bank Of In belongs to the Industry of Finance - Banks - Public Sector. Company’s Total Operating Revenue is Rs. 80743.34 Cr. and Equity Capital is Rs. 6834.75 Cr. for the Year ended 31/03/2023. Union Bank of India is a Public Limited Listed company incorporated on 11/11/1919 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is U99999MH1919PTC000615 and registration number is 000615.
    Market Cap 80,647
    Sales 107,091
    Shares in Float 170.49
    No of funds 250
    Yield 2.76
    Book Value 1.03
    U/D Vol ratio 1
    LTDebt / Equity 55
    Alpha 0.06
    Beta 2.16

    Union Bank of India

    Owner NameSep-23Aug-23Jun-23Mar-23
    Promoters 76.99%76.99%83.49%83.49%
    Mutual Funds 2.71%2.59%1.79%2.24%
    Insurance Companies 9.72%9.68%5.98%5.93%
    Foreign Portfolio Investors 2.89%3.2%1.46%1.66%
    Financial Institutions/ Banks 0.1%0.02%0.07%
    Individual Investors 6.59%5.53%6.49%6.1%
    Others 1%1.99%0.72%0.58%

    Union Bank of India Management

    Name Designation
    Mr. Srinivasan Varadarajan Non Executive Chairman
    Ms. A Manimekhalai Managing Director & CEO
    Mr. Nitesh Ranjan Executive Director
    Mr. Nidhu Saxena Executive Director
    Mr. Suraj Srivastava Part Time Non Official Director
    Mr. Laxman S Uppar Part Time Non Official Director
    Dr. Jayadev Madugula Shareholder Director
    Mrs. Priti Jay Rao Shareholder Director
    Mr. S Ramasubramanian Executive Director
    Mr. Sameer Shukla Government Nominee Director
    Mr. Arun Kumar Singh Nominee Director

    Union Bank Of India Forecast

    Price Estimates

    2,000(9.8%)
    1,758(-3.5%)
    1,590(-12.7%)

    Other Analyst Rating

    Union Bank Of India Corporate Action

    Date Purpose Remarks
    2023-10-27 Quarterly Results
    2023-07-20 Quarterly Results
    2023-05-06 Audited Results & Final Dividend
    2023-04-26 Others Inter-alia, 1. To discuss and approve the capital plan of the Bank by way of various modes such as raising of Equity Capital through Public Issue - (i.e. Further Public Offer) infuse Rs. 4,112 Crores in the equity of the Bank by way of preferential allotment.
    2023-01-20 Quarterly Results

    Union Bank of India MF Shareholding

    Name Amount(cr)
    HDFC Mid-Cap Opportunities Fund Growth 47,846
    Nippon India Small Cap Fund - Growth 37,319
    Axis Midcap Fund Growth 21,962
    Nippon India Growth Fund - Growth 19,082
    HDFC Large and Mid Cap Fund Growth 11,883

    About Union Bank Of India

    Union Bank of India is one of India's prominent public sector banks, operating with a strong legacy and a commitment to excellence in financial services. With its headquarters in Mumbai, the bank has a widespread presence across the country, providing a comprehensive range of banking and financial solutions to millions of customers.

    Since its inception, Union Bank of India has been at the forefront of the Indian banking sector, catering to various segments of customers, including individuals, corporates, MSMEs (Micro, Small, and Medium Enterprises), and government institutions. As a customer-centric organization, the bank strives to deliver innovative products and services to meet the diverse needs of its clients.

    At the heart of Union Bank of India's operations lies a deep-rooted customer-centric approach. The bank consistently endeavors to understand the evolving needs of its customers and adapt its offerings to meet those demands effectively. By leveraging its extensive network of branches and ATMs, Union Bank ensures easy accessibility to its services across both urban and rural areas.

    The bank's relationship managers go the extra mile to build strong and lasting connections with customers, guiding them through their financial journey and helping them achieve their goals. From simplified account opening procedures to personalized loan options, Union Bank of India strives to make banking a hassle-free and rewarding experience for all.
     

    History and Milestones

    The journey of Union Bank of India began in 1919 when it was established as a limited company in Mumbai. The bank was inaugurated by Mahatma Gandhi, who also served as a board of directors member for a brief period. From its early days, the bank focused on fostering financial inclusion and supporting economic growth.
    Over the years, the Union Bank of India has witnessed significant milestones. In 1969, it became a nationalized bank as part of the government's efforts to strengthen the banking sector. This move further enhanced its reach and ability to serve the nation. Since then, the bank has been growing steadily, expanding its network and adopting modern technology to provide efficient banking solutions.

     

    Awards and Recognitions 

    Union Bank of India has garnered numerous accolades and recognition for its outstanding contributions to the banking industry. Some of its recent awards include:

    ● Role Model Companies/NGOs/Institutions at 23rd Hellen Keller Awards 2022 by NCPEDP.
    ● Cloud Technology Award at CXO Cloud Leadership Awards by CXO Cloud Summit 2022.
    ● Best IT Risk & Cyber Security Awareness at 17th Annual Banking Technology Awards 2021 by IBA.
    ● Best Bank for MSMEs at the Financial Express BFSI Awards - Acknowledging its efforts to empower and nurture the MSME sector, a key driver of economic growth.
    ● Best Bank for NPA Management" at the Business Today Best Banks Awards - Recognizing the bank's prudential approach towards managing non-performing assets and maintaining robust credit quality.
    ● Best HR Strategy in Line with Business at the People Business HR Excellence Awards - Highlighting the bank's focus on employee development and engagement translates into superior customer service.

    Important Facts 

    ● Owner: Government of India (83.49)%
    ● Number of employees: 75,500
    ● Total equity: ₹78,803.50 crore (US$9.9 billion)
    ● Total assets: ₹1,288,357.10 crore (US$160 billion)
    ● Website Name: Union Bank of India

    Originally incorporated on November 11, 1919, in Mumbai as 'The Union Bank of India Ltd.,' Union Bank of India was founded under the guidance of Seth Sitaram Poddar. In 1921, the Bank relocated its registered office to Mumbai Samachar Marg, Fort, Mumbai, with an inauguration ceremony graced by Mahatma Gandhi. During the 1960s, the Bank entered a growth phase and strategically aligned its operations with national priorities.

    In 2001, the Bank's Staff Training College in Bangalore achieved ISO 9001 certification. 2002 marked a significant milestone as the Bank conducted its initial public offering of equity shares, listing them on the BSE and NSE. To cater to NRIs in West Asia, the Bank introduced the 'Union Express Remittance scheme.' Additionally, it partnered with New India Insurance Company to market and distribute its products on a commission basis. Collaborations with two IT companies were also initiated to develop core-banking solutions.

    On April 7, 2004, the Bank signed an agreement with SBI Life Insurance Co Ltd, offering life insurance cover to its Home Loan borrowers on a group basis. An exclusive two-wheeler finance scheme called the  'Union Miles Scheme' was launched in association with TVS Motor Company. A retail finance boutique was inaugurated at Ghatkopar (East) in Mumbai. This year, the Bank was recognized as one of the seven new Indian entrants in the Forbes 2000 list of the world's most influential and powerful companies.

    As of March 31, 2021, Union Bank of India boasts an extensive network of 9312 branches and 3 overseas branches in Hong Kong, Sydney, and Dubai. Moreover, the Bank operates 12,957 ATMs across 29 States and 5 Union Territories. Remarkably, 56% of its branches are strategically located in rural and semi-urban centers, promoting financial inclusion and accessibility.
     

     

    Union Bank of India FAQs

    What is Share Price of Union Bank of India ?

    Union Bank of India share price is ₹108 As on 02 December, 2023 | 17:42

    What is the Market Cap of Union Bank of India ?

    The Market Cap of Union Bank of India is ₹80647.4 Cr As on 02 December, 2023 | 17:42

    What is the P/E ratio of Union Bank of India ?

    The P/E ratio of Union Bank of India is 6.8 As on 02 December, 2023 | 17:42

    What is the PB ratio of Union Bank of India ?

    The PB ratio of Union Bank of India is 1.1 As on 02 December, 2023 | 17:42

    Q2FY23

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