United Bank of India is currently trading at Rs. 60.50, up by 0.25 points or 0.41% from its previous closing of Rs. 60.25 on the BSE.
The scrip opened at Rs. 60.80 and has touched a high and low of Rs. 61.00 and Rs. 60.35 respectively. So far 4,402 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 99.80 on 08-Jul-2011 and a 52 week low of Rs. 45.55 on 02-Jan-2012.
Last one week high and low of the scrip stood at Rs. 62.45 and Rs. 60.00 respectively. The current market cap of the company is Rs. 2,184 crore.
The promoters holding in the company stood at 81.56% while Institutions and Non-Institutions held 7.48% and 10.97% respectively.
Kolkata-based lender, United Bank of India has inaugurated its 1683rd branch at Shallang, West Khasi Hills district in Meghalaya on June 26, 2012.
Recently, the bank had been permitted by the Central Bank of Myanmar to open a Representative Office in Yangon. This is a maiden venture for a bank incorporated in India to have its presence in Myanmar.
United Bank of India has emerged as a strong and efficient banking organisation over the years and plays an integral role in the socio-economic development of the Eastern and North-Eastern States of the country. The bank at present has a strong presence with its total 1678 branches and 800 ATMs spread across the country.
