Union Bank Of India Share Price Today on 22-11-2024: Union Bank Of India share price are up by 1.17%, Nifty up by 1.05%

Union Bank Of India Share Price Today on 22-11-2024: At 22 Nov 12:12 today, Union Bank Of India shares are trading at price ₹116.45, 1.17% up from the previous closing price. Sensex is trading at ₹78037.16, up by 1.14%. The stock has hit a high of ₹116.9 and a low of ₹114.95 during the day.

On the technical front, the stock is trading above the 5,20 days SMA & lower than the 10,50,100,300 day SMA. The stock will have support at 5,20 days SMA & face resistance at 10,50,100,300 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 ₹116.6, ₹117.96, & ₹120.09, whereas it has key support levels at ₹113.11, ₹110.98, & ₹109.62.

Union Bank Of India Share Price Today

Till 12 AM today, the volume traded on NSE & BSE for Union Bank Of India was -76.28% 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 currently experiencing 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 5.67 & P/B is at 0.82.

The median 1-year forecasted upside in this share is at 30.53% 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 1.17% today to trade at ₹116.45 in resonance with its peers. Its peers such as are also on the rise. Overall, benchmark indices Nifty & Sensex are up 1.05% & 1.14% each respectively.