Union Bank of India Hits New 52-Week High at Rs.167.3

Stock Performance and Recent Momentum

On 6 January 2026, Union Bank of India’s shares touched an intraday high of Rs.167.3, representing a 3.02% increase on the day and a notable 2.37% gain compared to the previous close. This advance outpaced the broader public sector bank sector by 2.06%, underscoring the stock’s relative strength amid a mixed market backdrop.

The stock has recorded gains for three consecutive trading days, accumulating an impressive 8.63% return during this period. This streak has propelled the share price well above key technical levels, with Union Bank now trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Such positioning indicates a strong upward trend and positive investor sentiment towards the stock’s near-term trajectory.

Over the past year, Union Bank of India has delivered a remarkable 44.94% return, significantly outperforming the Sensex’s 9.32% gain over the same timeframe. The stock’s 52-week low was Rs.100.75, highlighting the substantial recovery and growth achieved in the last twelve months.

Market Context and Sector Comparison

While Union Bank of India has been advancing, the broader market has shown some volatility. The Sensex opened lower by 108.48 points and was trading at 85,233.68, down 0.24% on the day. Despite this, the Sensex remains close to its own 52-week high of 86,159.02, just 1.09% away, and is positioned above its 50-day moving average, which itself is above the 200-day moving average, signalling a generally bullish market environment.

Within the public sector banking sector, Union Bank’s outperformance is particularly notable given the sector’s mixed performance. The stock’s ability to maintain gains and reach new highs while the sector faces headwinds highlights its relative strength and resilience.

Mojo Score and Rating Update

Union Bank of India currently holds a Mojo Score of 64.0, categorised as a Hold grade. This represents a downgrade from its previous Buy rating, which was revised on 28 October 2025. The Market Cap Grade stands at 1, reflecting the company’s large-cap status within the public sector banking industry. These metrics provide a balanced view of the stock’s quality and market standing, factoring in both its recent price momentum and broader fundamental considerations.

Technical Indicators and Price Trends

The stock’s current trading above all major moving averages is a key technical indicator of sustained upward momentum. The 5-day and 20-day moving averages have been trending upwards, supporting the recent price rally. The 50-day, 100-day, and 200-day moving averages also confirm a longer-term positive trend, signalling that the stock has been steadily gaining strength over several months.

This technical positioning is complemented by the stock’s strong relative performance against the Sensex and its sector peers. The 3.02% intraday gain on the day it hit the new 52-week high further emphasises the robust buying interest and confidence in the stock’s current valuation levels.

Summary of Key Metrics

To summarise, Union Bank of India’s key performance metrics as of 6 January 2026 are:

• New 52-week high: Rs.167.3


• Day’s high increase: 3.02%


• Day’s change: +2.37%


• Three-day consecutive gain: +8.63%


• One-year return: +44.94%


• Sensex one-year return for comparison: +9.32%


• Mojo Score: 64.0 (Hold grade)


• Market Cap Grade: 1 (Large Cap)

These figures illustrate the stock’s strong performance and its ability to maintain upward momentum in a competitive sector and fluctuating market conditions.

Conclusion

Union Bank of India’s achievement of a new 52-week high at Rs.167.3 marks a significant milestone reflecting sustained gains and positive technical momentum. The stock’s outperformance relative to its sector and the broader market, combined with its strong moving average positioning, underscores its current strength. While the Mojo Score indicates a Hold rating, the stock’s recent price action and year-on-year returns highlight its notable progress over the past year.

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