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BankingMedium impactPre-market

Union Bank of India valuation shifts signal investment opportunity

pre-market1 source ↓written by the desknot a recommendation

Union Bank of India currently trades at a P/E ratio of 6.38, slightly up but 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. The bank's mojo grade has shifted from Strong Buy to Buy, reflecting a recalibrated view on its valuation status.

This change highlights the evolving landscape for investors, suggesting that while the stock remains attractive, caution is warranted as valuations adjust.

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 14 May 2026, 07:17 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 07:17 IST on 14 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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