Union Bank of India Hits New 52-Week High at Rs.203.15

Strong Rally Amid Sectoral and Market Trends

On 26 Feb 2026, Union Bank of India’s shares surged to Rs.203.15, marking the highest price level in the past year. This represents a remarkable gain from its 52-week low of Rs.107.60, translating to a substantial appreciation of nearly 89.0% over the period. The stock’s performance has notably outpaced the broader market, with the Sensex delivering a 10.44% return over the same timeframe.

The bank’s share price movement today was in line with the Public Sector Bank sector, which has shown steady resilience. Union Bank’s stock is trading comfortably above all key moving averages — including the 5-day, 20-day, 50-day, 100-day, and 200-day averages — signalling sustained upward momentum and positive investor sentiment.

Market Context and Comparative Performance

The broader market environment has been supportive, with the Sensex opening higher at 82,418.78 points, gaining 142.71 points (0.17%) before settling at 82,375.26, up 0.12%. Although the Sensex remains 4.59% below its own 52-week high of 86,159.02, mega-cap stocks have been leading the gains, providing a favourable backdrop for banking stocks like Union Bank of India.

Union Bank’s one-year return of 72.48% significantly outperforms the Sensex’s 10.44%, underscoring the bank’s strong market positioning and investor confidence. This outperformance extends beyond the short term, with the stock also beating the BSE500 index over the last three years, one year, and three months.

Robust Financial Metrics Underpinning the Rally

Union Bank of India’s strong price performance is supported by solid financial fundamentals. The bank has demonstrated a compound annual growth rate (CAGR) of 63.27% in net profits over the long term, reflecting consistent and healthy earnings growth. In the most recent period, net profits have increased by 12.6%, reinforcing the bank’s upward trajectory.

Asset quality indicators remain favourable, with the Gross Non-Performing Assets (NPA) ratio at a low 3.06% and Net NPA at 0.51%, among the lowest in the sector. The bank’s credit-deposit ratio stands at a robust 81.03%, indicating effective utilisation of deposits for lending activities.

Provisioning practices are strong, with a provision coverage ratio of 76.68%, providing a cushion against potential credit risks. Return on Assets (ROA) is healthy at 1.2%, and the stock trades at a Price to Book Value of 1.2, suggesting an attractive valuation relative to its peers and historical averages.

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. The company is ranked among the top 1% of all 4,000 stocks rated by MarketsMojo, achieving a Mojo Score of 81.0 and a Mojo Grade of Strong Buy, upgraded from Buy on 2 Feb 2026. It holds a market cap grade of 1, indicating its status as a large-cap stock with strong market presence.

Within the large-cap universe, Union Bank is ranked 4th, and it stands 26th across the entire market, highlighting its prominence and consistent performance.

Technical Strength and Market Momentum

The stock’s technical indicators reinforce the positive trend. Trading above all major moving averages signals strong buying interest and momentum. The day’s price change of 0.23% further confirms steady gains without excessive volatility. This technical strength aligns with the bank’s fundamental robustness, creating a favourable environment for sustained performance.

Compared to the Sensex, which is currently trading below its 50-day moving average but with the 50DMA above the 200DMA, Union Bank’s stock exhibits a more consistent upward trajectory. This divergence highlights the bank’s relative strength within the broader market context.

Summary of Key Metrics

To summarise, Union Bank of India’s key performance indicators as of 26 Feb 2026 are:

• New 52-week high price: Rs.203.15
• 52-week low price: Rs.107.60
• One-year return: 72.48%
• Gross NPA: 3.06%
• Net NPA: 0.51%
• Credit Deposit Ratio: 81.03%
• Provision Coverage Ratio: 76.68%
• 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, all contributing to the recent price milestone.

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