Union Bank Ltd reportedly said that it is keen to acquire Bhartiya Mahila Bank. The talks are currently ongoing with Fin Ministry Officials on BMB Merger, says report.
The talks are currently ongoing with Fin Ministry Officials on BMB Merger, says report.
Union Bank of India is currently trading at Rs. 170, down by Rs. 0.45 or 0.26% from its previous closing of Rs. 170.45 on the BSE.
The scrip opened at Rs. 168.1 and has touched a high and low of Rs. 171.15 and Rs. 168.1 respectively. So far 463765(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 11717.43 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 253.5 on 23-Jan-2015 and a 52 week low of Rs. 129.8 on 08-May-2015. Last one week high and low of the scrip stood at Rs. 173.9 and Rs. 158.65 respectively.
The promoters holding in the company stood at 63.44 % while Institutions and Non-Institutions held 26.84 % and 9.72 % respectively.
The stock is currently trading above its 100 DMA.
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