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Union Bank of India m-cap crosses Rs 50,000 cr; stock surges 61% in a month

In the past one month, shares of Union Bank of India zoomed 61 per cent, as against 4 per cent rise in the S&P BSE Sensex

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SI Reporter Mumbai
Shares of Union Bank of India continued their upward movement and surged 5 per cent to hit over three-year high of Rs 73.85 apiece in Friday’s intra-day trade. The stock traded its highest level since July 2019. In comparison, the S&P BSE Sensex was down 0.46 per cent at 61,464 at 01:07 pm.

In the past one month, shares of Union Bank of India zoomed 61 per cent, as against 4 per cent rise in the S&P BSE Sensex. It has more-than-doubled from its 52-week low of Rs 33.55, which it had touched on May 12, 2022.

Therefore,