Union Bank of India Share Price & Analysis
Fundamentals
Today's Price Action
Union Bank of India trades flat at ₹191.81 with volume matching the 20-day average of 1.05 Cr shares, showing balanced participation. No momentum signal emerges from turnover or price change.
Valuation Snapshot
Union Bank of India trades at a P/E of 7.61, significantly below typical finance sector benchmarks, though sector P/E is currently unreportable. A solid 17% ROE highlights efficient profitability, supporting the stock’s low valuation.
Key Levels to Watch
The current price of ₹191.81 sits just below the 52-week high and low of ₹205, indicating a compressed range. This proximity suggests a potential breakout or breakdown could emerge with a catalyst.
Trader Takeaway
Watch for a decisive close above ₹205 to confirm upward momentum, using volume strength as confirmation.