Union Bank of India Shows Resilience with Notable Stock Rebound in February 2025

Union Bank of India has shown notable activity today, with its stock price increasing by 3.03% on February 12, 2025. This performance marks a trend reversal for the bank, as it has gained after three consecutive days of decline. The stock outperformed its sector by 3.14%, indicating a strong rebound in the public banking industry.
During the trading session, Union Bank of India reached an intraday high of Rs 113.95, reflecting a 3.08% increase. An analysis of moving averages reveals that the stock is currently above its 20-day moving average but remains below the 5-day, 50-day, 100-day, and 200-day moving averages, suggesting mixed signals in the short to medium term.

Additionally, the bank boasts a high dividend yield of 3.26% at its current price, which may appeal to income-focused investors. Over the past month, Union Bank of India has delivered a robust performance, gaining 9.85%, while the broader Sensex index has declined by 1.77%. This performance highlights the bank's resilience in a challenging market environment.