Union Bank of India is currently trading at Rs. 133.50, up by 2.65 points or 2.03% from its previous closing of Rs. 130.85 on the BSE.
The scrip opened at Rs. 130.00 and has touched a high and low of Rs. 134.70 and Rs. 129.80 respectively. So far 274866 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 222.45 on 18-Aug-2015 and a 52 week low of Rs. 104.05 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 134.70 and Rs. 123.30 respectively. The current market cap of the company is Rs. 9197.96 crore.
The promoters holding in the company stood at 63.44% while Institutions and Non-Institutions held 26.52% and 10.04% respectively.
Union Bank of India has issued 10,000 Basel III compliant Tier II bonds of face value of Rs 10,00,000 each at par, with 10 year tenure, bearing 8.61% per annum coupon payable annually and with call option after 5 years, aggregating to Rs 1,000 crore on private placement basis on March 29, 2016. The bonds are rated ‘AA+’ by India Rating.
The bank has reported standalone net profit of Rs 78.54 crore for the quarter ended December 31, 2015, registering decline of 74.02% y-o-y and 88.06% q-o-q. The bank’s Net Interest Income (NII) stood at 1,996.51 crore, registering decline of 5.87% y-o-y and 5% q-o-q The bank’s Net Interest Margin stood at 2.22% for the quarter.
Gross non-performing assets (NPA) for the quarter stood at 7.05%, grew by 197 bps y-o-y and 93 bps q-o-q. Provisions stood at Rs 1,237.65 crore, recording growth of 45.27% y-o-y and three-folds jump q-o-q.
| Company Name | CMP |
|---|---|
| SBI | 1080.35 |
| PNB | 114.50 |
| Canara Bank | 142.35 |
| Bank Of Baroda | 280.00 |
| Union Bank Of India | 188.90 |
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