Union Bank of India Experiences Significant Stock Gains Amid Broader Market Surge
Union Bank of India has demonstrated strong performance, gaining 3.26% on May 12, 2025, following a gap up at the open. The stock has shown notable volatility and is trading above key moving averages. Year-to-date, it has outperformed the Sensex, with significant gains over the past three years.
Union Bank of India has shown notable activity today, gaining 3.26% as of May 12, 2025. The stock opened with a gap up of 2.48% and reached an intraday high of Rs 127.45, reflecting a 3.74% increase. This marks the second consecutive day of gains, with the stock achieving a total return of 10.09% over this period.In terms of volatility, Union Bank has experienced significant fluctuations today, with an intraday volatility of 118.24%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance relative to these benchmarks.
In the broader market context, the Sensex has risen sharply, opening 1,349.33 points higher and climbing further to 81,364.18, a 2.4% increase. Union Bank's performance over various time frames has been impressive, with a year-to-date gain of 6.15% compared to the Sensex's 4.15%. Over the past three years, the stock has surged by 279.08%, significantly outperforming the Sensex's 53.75% increase during the same period.
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