Union Bank of India extends upmove

Union Bank of India is quoting at Rs 35.8, up 0.56% on the day as on 12:49 IST on the NSE. The stock is up 26.06% in last one year as compared to a 56.53% spurt in NIFTY and a 83.52% spurt in the Nifty PSU Bank.

Jun 08, 2021 01:06 IST capital market

Union Bank of India is up for a fifth straight session in a row. The stock is quoting at Rs 35.8, up 0.56% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.16% on the day, quoting at 15726.15. The Sensex is at 52252.51, down 0.15%. Union Bank of India has risen around 3.77% in last one month.

Meanwhile, Nifty PSU Bank index of which Union Bank of India is a constituent, has risen around 15.3% in last one month and is currently quoting at 2500.65, down 1.08% on the day. The volume in the stock stood at 304.91 lakh shares today, compared to the daily average of 250.01 lakh shares in last one month.

The PE of the stock is 15.34 based on TTM earnings ending December 20.

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