Union Bank Of India Share Price Today on 25-11-2024: At 25 Nov 11:28 today, Union Bank Of India shares are trading at price ₹119.65, 4.09% up from the previous closing price. Sensex is trading at ₹80359.83, up by 1.57%. The stock has hit a high of ₹121.2 and a low of ₹116.9 during the day.
On the technical front, the stock is trading above the 5,10,20,50 days SMA & lower than the 100,300 day SMA. The stock will have support at 5,10,20,50 days SMA & face resistance at 100,300 days SMA
The SMA values for the stock are given below :
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹116.27, ₹117.62, & ₹118.35, whereas it has key support levels at ₹114.19, ₹113.46, & ₹112.11.
Till 11 AM today, the volume traded on NSE & BSE for Union Bank Of India was -39.17% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, The stock is indicating a trend reversal after a strong downtrend..
From a fundamental analysis perspective, the company has a ROE of 15.64% & ROA of 1.02% respectively.The current P/E of the stock is at 5.66 & P/B is at 0.82.
The median 1-year forecasted upside in this share is at 27.04% with a target price of ₹152.00.
The company has a 0.00% promoter holding, 2.97% MF holding, & 6.89% FII holding as per filings in the september quarter.
The MF holding has decreased from 3.08% in june to 2.97% in the september quarter.
The FII holding has decreased from 7.37% in june to 6.89% in the september quarter.
Union Bank Of India share price has gained 4.09% today to trade at ₹119.65 in resonance with its peers. Its peers such as