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Union Bank of India valuation shifts signal investment opportunity

after close1 source ↓written by the desknot a recommendation

Union Bank of India currently trades at a P/E ratio of 6.38, showing a slight increase but remaining below the sector average. The P/B ratio stands at 0.96, indicating the stock is valued just below its book value, a sign of potential undervaluation. These metrics have led to a recalibration of its mojo grade from Strong Buy to Buy, suggesting a shift to an attractive valuation status.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 13 May 2026, 16:13 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

UNIONBANK closed +1.5% on the day of the news, from ₹162.46 to ₹164.90; Nifty +1.2% over the same session; futures OI +0.5%.

Bulletin at 16:13 IST on 13 May 2026. Every change is measured from ₹162.46, the last close before it, on 13 May. Nifty 50 is measured over the same sessions.

  • UNIONBANK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
UNIONBANK closes around the bulletin against the close before the news, with Nifty 50 rebased to it144.72162.46180.20axis spans 25%before the news · 13 May162.46Nifty 50UNIONBANKbulletinD0+1+3+57 May19 May29 MayFutures open interest, lotspeak 33,000Reference close ₹162.46. 16 sessions from 7 May to 29 May; the price axis spans 25 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before13 May₹162.46basebase
On the day14 May₹164.90▲ +1.5%▲ +1.2%+0.3 pp difference
+1 session15 May₹161.94▼ −0.3%▲ +1.0%−1.3 pp difference
+3 sessions19 May₹158.96▼ −2.1%▲ +0.9%−3.0 pp difference
+5 sessions21 May₹160.12▼ −1.4%▲ +1.0%−2.5 pp difference
Gap at the open, % · ₹
▲ +0.5%+0.78 on 14 May
Day's range, % · ₹
3.4%≈ 5.6 high to low
Volume on the day
0.69×the 20-session average
Futures OI on the day
▲ +0.5%+150 lots · long build-up · price +1.5%
Futures OI open, lots
32,00014 May · 26 May expiry
Futures premium, ₹
+0.17+0.1% to spot
Puts per call, by OI
0.43from 0.43 the session before
Max pain
170from 170 the session before

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