Union Bank stock sits 16.38 percent below its 52-week high

Published on 10/14/2026 at 06:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 FY27 profit reached INR 53.30 billion, up 30.00 percent year over year. For Union Bank stock, loan growth reached 13.30 percent.

Bank earnings and valuation

Union Bank reported INR 53.30 billion in profit after tax for the first quarter of fiscal 2027 on July 15, 2026.
Advances rose 13.30 percent year over year in the first quarter of fiscal 2027.
Union Bank stock stood at INR 171.82 on NSE on October 14, 2026 at 10:05 a.m. IST.
Motilal Oswal Financial Services retained a Neutral rating and cited an INR 190.00 target on July 15, 2026.

Union Bank, INE692A01016, Illustration mit AI erstellt.

Union Bank (ISIN INE692A01016) stock stood at INR 171.82 on the NSE at 10:05 a.m. IST on October 14, 2026, 16.38 percent below its 52-week high of INR 205.49. The bank's first-quarter fiscal 2027 earnings remain the central fundamental reference for the shares, with profit after tax of INR 53.30 billion reported on July 15, 2026.

Earnings improve in the June quarter

According to DSIJ on July 15, 2026, Union Bank's profit after tax increased 30.00 percent year over year to INR 53.30 billion in the first quarter of fiscal 2027. Net interest income reached INR 100.40 billion, up 10.00 percent year over year, while the net interest margin improved to 2.80 percent.

The same report put pre-provision operating profit at INR 80.00 billion, an increase of 15.80 percent year over year. Operating expenses fell 0.80 percent year over year, giving the earnings improvement a cost-control component alongside stronger interest income.

What is driving the bank's earnings?

Advances rose 13.30 percent year over year to INR 10.70 trillion in the first quarter of fiscal 2027, according to DSIJ. Retail, agriculture and micro, small and medium enterprise loans grew 11.60 percent year over year, with vehicle finance rising 5.70 percent sequentially.

Deposit growth was slower at 3.50 percent year over year, and deposits declined 1.80 percent sequentially to INR 12.80 trillion. That gap pushed the credit-deposit ratio to 83.60 percent, an important balancing factor for the bank's loan expansion and margin performance.

Valuation remains neutral

DSIJ reported on July 15, 2026 that Motilal Oswal Financial Services retained a Neutral rating and cited an INR 190.00 target. The broker also raised its earnings estimates by 5.00 percent, while its analysis balanced improving margins and asset quality against slower deposit mobilization.

The market picture is therefore mixed in a measurable way: the June-quarter profit growth was 30.00 percent year over year, but the NSE quote remained 16.38 percent below the 52-week high on October 14, 2026. For investors, the next test is whether loan growth can continue without widening the funding gap.

Current NSE price and range

Union Bank stock stood at INR 171.82 on the NSE at 10:05 a.m. IST on October 14, 2026. The 52-week range was INR 135.80 to INR 205.49, placing the quote 16.38 percent below the upper end of that range.