Union Bank of India jumps nearly 3%

Union Bank of India is quoting at Rs 34.65, up 2.97% on the day as on 12:44 IST on the NSE. The stock is down 28.56% in last one year as compared to a 22.77% fall in NIFTY and a 4.64% fall in the Nifty PSU Bank.

Union Bank of India rose for a fifth straight session today. The stock is quoting at Rs 34.65, up 2.97% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.35% on the day, quoting at 14841.65. The Sensex is at 50394.6, up 0.28%. Union Bank of India has added around 8.11% in last one month.

Meanwhile, Nifty PSU Bank index of which Union Bank of India is a constituent, has added around 17.28% in last one month and is currently quoting at 2076.7, up 3.43% on the day. The volume in the stock stood at 167.09 lakh shares today, compared to the daily average of 89.22 lakh shares in last one month.

The PE of the stock is 13.6 based on TTM earnings ending December 20.

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