Union Bank of India fell for a fifth straight session today. The stock is quoting at Rs 104.67, down 3.14% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 23521.8. The Sensex is at 77676.23, up 0.07%.Union Bank of India has eased around 18.98% in last one month.Meanwhile, Nifty PSU Bank index of which Union Bank of India is a constituent, has eased around 13.2% in last one month and is currently quoting at 6255.3, down 1.63% on the day. The volume in the stock stood at 111.6 lakh shares today, compared to the daily average of 128.24 lakh shares in last one month.
The benchmark January futures contract for the stock is quoting at Rs 104.48, down 3.41% on the day. Union Bank of India tumbled 15.89% in last one year as compared to a 8.66% rally in NIFTY and a 7.88% spurt in the Nifty PSU Bank index.
The PE of the stock is 5.39 based on TTM earnings ending September 24.