Union Bank of India Hits New 52-Week High at Rs.200.2

Strong Momentum Drives New High

On 23 Feb 2026, Union Bank of India’s stock price touched an intraday high of Rs. 200.2, representing a 3.2% increase on the day and a 2.91% gain compared to the previous close. This advance outpaced the Public Sector Bank sector by 1.63%, reflecting the bank’s relative strength within its industry segment. The stock has recorded gains for two consecutive sessions, delivering a cumulative return of 5.54% over this period.

The stock’s upward trajectory is further supported by its position above key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Such technical indicators often signal sustained buying interest and positive investor sentiment.

Market Context and Comparative Performance

The broader market environment has also been conducive to Union Bank of India’s rally. The Sensex opened 92.12 points higher and climbed 383.90 points to close at 83,290.73, a 0.57% gain on the day. Although the Sensex remains 3.44% shy of its own 52-week high of 86,159.02, mega-cap stocks are leading the charge, providing a supportive backdrop for large-cap banking stocks like Union Bank.

Over the past year, Union Bank of India has delivered a remarkable 72.48% return, significantly outperforming the Sensex’s 10.63% gain during the same period. This outperformance highlights the bank’s strong fundamentals and market positioning relative to the broader index.

Robust Financial Metrics Underpinning the Rally

Union Bank of India’s recent price surge is underpinned by strong financial fundamentals. The bank boasts a provision coverage ratio of 76.68%, reflecting prudent risk management and cushioning against potential credit losses. Its gross non-performing assets (NPA) ratio stands at a low 3.06%, while net NPAs are contained at 0.51%, indicating effective asset quality control.

The bank’s credit deposit ratio is notably high at 81.03%, signalling efficient utilisation of deposits for lending activities. This metric is a key indicator of the bank’s operational efficiency and growth potential within its lending portfolio.

Net profit growth has been impressive, with a compound annual growth rate (CAGR) of 63.27% over the long term. In the most recent financial period, profits rose by 12.6%, contributing to the stock’s attractive valuation metrics. The return on assets (ROA) is a healthy 1.2%, and the price-to-book value ratio is also 1.2, suggesting the stock is trading at a fair valuation relative to its peers.

Institutional Confidence and Market Recognition

Institutional investors hold a significant 20.04% stake in Union Bank of India, reflecting confidence from entities with extensive analytical resources. This level of institutional ownership often correlates with greater market stability and informed trading activity.

MarketsMojo assigns the stock a Mojo Score of 81.0 and a Mojo Grade of Strong Buy, upgraded from Buy on 2 Feb 2026. The bank ranks among the top 1% of all 4,000 stocks rated by MarketsMojo, positioned third among large-cap stocks and 24th across the entire market. These rankings underscore the bank’s strong fundamentals and market standing.

Long-Term Growth and Market-Beating Returns

Union Bank of India’s stock has demonstrated consistent market-beating performance over multiple time horizons. Beyond the 72.48% return in the past year, the stock has outperformed the BSE500 index over the last three years, one year, and three months. This sustained outperformance reflects the bank’s ability to deliver value through both earnings growth and capital appreciation.

The stock’s 52-week low was Rs. 107.6, highlighting the substantial appreciation investors have witnessed over the past year. This wide price range underscores the strength of the current rally and the bank’s recovery from previous lows.

Trading above all major moving averages, the stock’s technical profile complements its fundamental strength, signalling a well-supported uptrend in the near term.

Summary of Key Metrics

To summarise, Union Bank of India’s key financial and market metrics as of 23 Feb 2026 include:

• New 52-week high: Rs. 200.2
• Day’s intraday high gain: 3.2%
• Consecutive gains over 2 days: 5.54%
• Provision coverage ratio: 76.68%
• Gross NPA: 3.06%
• Net NPA: 0.51%
• Credit deposit ratio: 81.03%
• Net profit CAGR: 63.27%
• ROA: 1.2%
• Price to book value: 1.2
• Institutional holdings: 20.04%
• Mojo Score: 81.0 (Strong Buy)

These figures collectively illustrate the bank’s strong financial health, operational efficiency, and market recognition, which have contributed to its recent price milestone.

Conclusion

Union Bank of India’s attainment of a new 52-week high at Rs. 200.2 marks a significant achievement, reflecting both robust fundamentals and positive market momentum. Supported by strong provisioning, healthy asset quality, impressive profit growth, and favourable technical indicators, the stock’s performance stands out within the Public Sector Bank sector and the broader market. This milestone is a testament to the bank’s sustained growth trajectory and solid market positioning.

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