Trending stocks: Union Bank of India shares down 4%

NEW DELHI: Shares of Union Bank of India traded -4.03 per cent down in Wednesday's trade at 11:10AM (IST). Around 1475229 shares changed hands on the counter. The stock opened at Rs 34.95 and touched an intraday high and low of Rs 36.4 and Rs 34.2, respectively, in the session so far.

The stock quoted a 52-week high of Rs 86.6 and a 52-week low of Rs 22.7.

Financials
Union Bank of India, incorporated in the year 1919, is a banking company (having a market cap of Rs 12305.03 Crore).


Union Bank of India key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 23771.92 Crore to Sales Value (69.78 % of Total Sales), Income From Investment which contributed Rs 9003.34 Crore to Sales Value (26.42 % of Total Sales) and Interest which contributed Rs 90.12 Crore to Sales Value (0.26 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 86.75 per cent stake in the company as of quarter ended 31st Mar 2020.

Valuation ratio
It quoted a price-to-earnings ratio of -3.78 and price to book value of 0.23.