UNION BANK Share Price Up by 5%; BSE BANKEX Index Up 1.0%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

UNION BANK Share Price Up by 5%; BSE BANKEX Index Up 1.0%
Mon, 18 Oct 02:14 PM

UNION BANK share price has zoomed 5% and is presently trading at Rs 48.

Meanwhile, the BSE BANKEX Index is at 45,423 (up 1.0%).

Among the top Gainers in the BSE BANKEX Index today are UNION BANK (up 5.4%) and YES BANK (up 5.6%).

HDFC BANK (down 0.4%) is among the top loser today.

Over the last one year, UNION BANK has moved up from Rs 24 to Rs 48, registering a gain of Rs 24 (up 94.6%).

On the other hand, the BSE BANKEX has moved up from 26,632 to 45,423, registering a gain of 18,791 points (up 69.8%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were SBI (up 153.0%), INDUSIND BANK (up 100.8%) and ICICI BANK (up 88.5%).

Act Now: Once-in-a-Century Opportunity

What About the Benchmark Indices?

The BSE Sensex is at 61,962 (up 1.0%).

The top gainers among the BSE Sensex stocks today are INFOSYS (up 3.7%), TATA STEEL (up 3.1%) and TECH MAHINDRA (up 2.7%). Other gainers include ICICI BANK (up 2.7%) and MARUTI SUZUKI (up 2.3%). The most traded stocks in the BSE Sensex are ITC and ONGC.

In the meantime, NSE Nifty is at 18,543 (up 1.0%). The top gainers in the NSE Nifty include HINDALCO (up 4.9%), JSW STEEL (up 4.2%) and INFOSYS (up 3.9%). Other gainers include TATA MOTORS (up 3.1%) and TECH MAHINDRA (up 3.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 40,626 to 61,962, registering a gain of 21,336 points (up 52.43%).

UNION BANK Financial Update...

UNION BANK net profit stood at Rs 11 billion for the quarter ended June 2021, compared to a profit of Rs 7 billion a year ago. Operating income rose 0.3% to Rs 172.8 billion during the period as against Rs 172.2 billion in April-June 2020.

For the year ended March 2021, UNION BANK reported 193.0% decrease in net profit to Rs 28.3 billion compared to net profit of Rs 30.4 billion during FY20.

Revenue of the company grew 84.9% to Rs 693 billion during FY21.

The current Price to earnings ratio of UNION BANK, based on rolling 12 month earnings, stands at 8.4x.

What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "UNION BANK Share Price Up by 5%; BSE BANKEX Index Up 1.0%". Click here!


Stock Market Updates

Inox Green Energy IPO, Tata Motors' Price Hike, and Buzzing Stocks Today (Today's Market)

Dec 7, 2021 Pre-Open

Indian share markets ended deep in the red yesterday. Benchmark indices extended Friday's fall as investors continued to adopt a cautious approach.

5 Reasons Why Sensex Slumped 949 Points Today (Today's Market)

Dec 6, 2021 Closing

Indian share markets ended deep in the red with the Sensex down by 949 points and the Nifty ending down by 284 points.

Sensex Trades Lower Tracking Weak Global Cues; IT & Energy Stocks Under Pressure (Today's Market)

Dec 6, 2021 10:30 am

Indian share markets follow global cues and trade lower. The BSE Sensex is down 242 points, while the Nifty is trading lower by 65 points.

SGX Nifty Up 35 Points; Indicates Positive Opening for Indian Stock Markets (Today's Market)

Dec 6, 2021 SGX Nifty

Trends on SGX Nifty indicate a positive opening for Indian stock markets.

Declining FMCG Sales, Shriram Properties IPO, and Buzzing Stocks Today (Today's Market)

Dec 6, 2021 Pre-Open

Top cues to track in today's stock market session.

View More Indian Share Market News

Most Popular

Infosys vs TCS: Which is Better?(Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

This Multibagger Stock Zooms 20% After Dolly Khanna Buys Stake(Views On News)

Nov 24, 2021

Shares of this edible oil company zoomed over 50% in three days after ace investor bought around 1% stake.

6 Popular Stocks that Turned into Penny Stocks(Views On News)

Nov 27, 2021

A look at popular stocks that crashed big time and never recovered, i.e. which went from 'Multibaggers to Multibeggers'.

India's Top 5 Monopoly Stocks to Watch Out for(Views On News)

Nov 30, 2021

These 5 companies dominate their sectors with a huge piece of the pie.

The Biggest Winners and Losers in India's Transition to Electric Vehicles(Profit Hunter)

Nov 26, 2021

How India's EV transition could be a major headwind for the incumbents.


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms


Dec 6, 2021 (Close)