UNIONBANK.NSE Union Bank of India
611
142.00
6.50
(4.38%)
| Watchers | 611 |
| 52-Wk Low | 68.00 |
| 52-Wk High | 165.00 |
| Market Cap | 1.13T |
| Volume | 20.16M |
| 52-Wk High | 165.00 |
| 52-Wk Low | 68.00 |
Mid-day Mood | Sensex, Nifty trade flat; PSU Bank stocks under pressureMoneycontrol • 1 day ago
The top laggards on the Nifty PSU Bank index were Punjab National Bank, Canara Bank, Bank of Baroda and Union Bank, all slumping over four percent
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Public-sector lenders will be disproportionally impacted if RBI's guidelines are implemented, since they have a higher exposure to infrastructure loans.
Both the categories will have access to collateral-free financing options, making the transition to solar energy more accessible, Tata Power Solar Systems Ltd (TPSSL) said in a statement.
ICICI Direct is bullish on Union Bank of India recommended buy rating on the stock with a target price of Rs 180 in its research report dated March 04, 2024.
On Friday, the bank's scrip on BSE closed 1% lower at Rs 145.7
Union Bank of India announces Rs 3,000-crore QIP at Rs 142.78 per share
Other than Union Bank of India, Kotak Mahindra Bank, HDFC Bank and RBL Bank also made provisions complying with the central bank’s guidelines.
The stock in 2023 jumped nearly 49 percent while so far in 2024 it advanced nearly 15.1 percent. The firm will report its December quarter earnings on 20 January.
Net Interest Income (NII) is expected to increase by 9.2 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs. 9,423.2 crore, according to Motilal Oswal.