SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

United Bank of India jumps on reporting 31% rise in Q1 net profit

06 Aug 2012 Evaluate

dUnited Bank of India scrip is currently trading at Rs. 58.55, up by 1.85 points or 3.26% from its previous closing of Rs. 56.70 on the BSE.

The scrip opened at Rs. 58.50 and has touched a high and low of Rs. 59.45 and Rs. 57.80 respectively. So far 69,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 91.00 on 05-Aug-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. 59.45 and Rs. 53.40 respectively. The current market cap of the company is Rs. 2,113 crore.

The promoters holding in the company stood at 81.56% while Institutions and Non-Institutions held 7.04% and 11.40% respectively.

On standalone basis, the bank has reported a rise of 31.29% in its net profit at Rs 173.89 crore for the quarter, as compared to Rs 132.45 crore for the same quarter in the previous year. Total income of the bank has increased by 24.45% to Rs 2499.10 crore for the quarter under review as compared to Rs 2008.18 crore for the quarter ended June 30, 2011.

Gross non-performing assets (NPAs) improved to 3.47% in the April-June quarter as against 2.89% in the same quarter previous year while, net NPAs increased to1.77%.

United Bank-Amalgama Share Price

8.02 0.00 (0.00%)
20-Mar-2020 18:01 View Price Chart
Peers
Company Name CMP
SBI 1064.00
PNB 113.30
Canara Bank 140.35
Bank Of Baroda 278.10
Union Bank Of India 187.65
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×