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BankingMedium impactPre-market

Union Bank valuation signals price attractiveness

pre-market1 source ↓written by the desknot a recommendation

Bank of India's
11.76

Union Bank of India's PE ratio of 7.27 is significantly lower than State Bank of India's 11.76, highlighting its relative valuation appeal. The bank's PEG ratio of 0.60 indicates undervaluation against earnings growth, while its PBV of 1.09 suggests it trades near book value, a fair valuation for public sector banks.

This attractive valuation may draw investor interest, particularly as peers like Bank of Baroda and Punjab National Bank show higher PE ratios.

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 6 Apr 2026, 07:08 IST.

Sourcesnews.google.com

The market after the news

UNIONBANK closed +1.2% on the day of the news, from ₹171.99 to ₹174.12; Nifty +1.1% over the same session; futures OI −0.4%.

Bulletin at 07:08 IST on 6 Apr 2026. Every change is measured from ₹171.99, the last close before it, on 2 Apr. 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 it153.21172.29191.38axis spans 25%before the news · 2 Apr171.99Nifty 50UNIONBANKbulletinD0+1+3+525 Mar9 Apr21 AprFutures open interest, lotspeak 27,000Reference close ₹171.99. 16 sessions from 25 Mar to 21 Apr; 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 %
Before2 Apr₹171.99basebase
On the day6 Apr₹174.12▲ +1.2%▲ +1.1%+0.1 pp difference
+1 session7 Apr₹171.88▼ −0.1%▲ +1.8%−1.9 pp difference
+3 sessions9 Apr₹184.69▲ +7.4%▲ +4.7%+2.7 pp difference
+5 sessions13 Apr₹184.68▲ +7.4%▲ +5.0%+2.4 pp difference
Gap at the open, % · ₹
▲ +0.7%+1.12 on 6 Apr
Day's range, % · ₹
4.9%≈ 8.5 high to low
Volume on the day
0.88×the 20-session average
Futures OI on the day
▼ −0.4%−78 lots · short covering · price +1.2%
Futures OI open, lots
21,0006 Apr · 28 Apr expiry
Futures premium, ₹
+0.09+0.1% to spot
Puts per call, by OI
0.81from 0.82 the session before
Max pain
175from 175 the session before

Source NSE UDiFF bhavcopy · UNIONBANK on the desk →

Thread · UNIONBANKAll UNIONBANK bulletins →

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