Union Bank of India holds key levels, shares consolidate in PSU banking rally
22.06.2026 - 21:55:47 | ad-hoc-news.de
By Daniel Hoffmann, Chart & Technicals desk. Reviewed prior to publication on 2026-06-22, 21:53.
Union Bank of India (INE683A01023) spent Monday trading in a narrow band on the NSE, with shares hovering around ?176 per piece. According to Upstox, the stock opened at ?175.80 and last traded at ?176.62 after moving between ?174.06 and ?176.80 during the session Upstox price overview.
What the chart is showing
The NSE-listed Union Bank of India shares trade close to the upper end of their recent range, with Economic Times data placing the last price at ?176.62 and the day’s high at ?176.80 on June 22 Economic Times quote page. The intraday low at ?174.06 marks the immediate support level watched by technical traders.
On a longer view, Upstox cites a 52-week performance of roughly 25.83 percent on a year-on-year basis for Union Bank of India, with gains of about 14.11 percent over the last six months Upstox performance data. This places the stock within the broader rally of Indian public sector banks, where State Bank of India remains the key benchmark peer for investors tracking the segment Moneycontrol SBI profile.
Valuation and peer context
Economic Times figures show Union Bank of India trading at a price-to-earnings ratio of around 6.9 and a price-to-book ratio close to 1.2, indicating a low-double-digit earnings multiple for the public sector lender Economic Times valuation snapshot. Upstox puts the market capitalization at roughly ?1.34 trillion, with a stated dividend yield of about 2.8 percent for shareholders Upstox key metrics.
In the wider public sector banking space, large peers such as State Bank of India are often used as reference points for valuation spreads and sector positioning Moneycontrol SBI profile. Against that backdrop, Union Bank of India’s single-digit earnings multiple and near-book valuation remain a focus for investors comparing risk-reward across PSU financials.
Background and price data on Union Bank of India
All news, trading data and regulatory disclosures on the Union Bank of India shares can be tracked centrally via the topic page and the bank’s investor relations section.
How Union Bank of India earns money
Union Bank of India operates as a large public sector bank with a nationwide branch network, focusing on retail, agriculture and corporate lending. The lender generates income primarily from interest on loans and advances, alongside fee-based services such as payments, trade finance and distribution of investment products Upstox business overview.
Where the shares trade today
The Union Bank of India shares (INE683A01023) trade on the NSE under the ticker UNIONBANK and on the BSE as 532477; as of 2026-06-22, 15:57 IST they changed hands at around ?176.6 per share on the NSE in Indian rupees Mint live quote.
Key data on the Union Bank of India shares
- Company: Union Bank of India
- ISIN: INE683A01023
- WKN: not available
- Ticker: UNIONBANK
- Trading venue: NSE / BSE
- Price (as of 2026-06-22, 15:57): 176.6 INR
- Market cap: 1,34,237 crore INR (as of 2026-06-22)
- Sector / industry: Banks - Public Sector
- Index membership: Not disclosed
- Next earnings date: not officially scheduled
This article is for informational purposes only and does not constitute investment advice, investment recommendation or an offer or solicitation to buy or sell any financial instrument. Investors should conduct their own research and, where appropriate, consult a qualified financial advisor.
