Union Bank of India Shows Strong Performance Amid Positive Market Trends

Union Bank of India has shown significant activity today, with a notable gain of 3.27% on March 24, 2025. The stock has outperformed its sector by 0.76%, marking its second consecutive day of gains, during which it has accumulated a total return of 6.17%. The stock reached an intraday high of Rs 126.5, reflecting a 3.31% increase.
In terms of moving averages, Union Bank of India is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance metrics. Over the past week, the stock has delivered a robust 12.13% return, significantly outpacing the Sensex, which has risen by 5.05% during the same period.

Despite a challenging year-to-date performance of 4.82%, Union Bank of India has demonstrated resilience with a remarkable 228.09% increase over the past three years and an impressive 361.24% rise over the last five years. This performance highlights the bank's strong market position within the public banking sector.