Thursday 11 February 2016

Union Bank Q3 net profit at Rs.78.5 crore

The gross NPA stands at 7.05% as against 6.12% (QoQ).


Union Bank posted results for the thid quarter ended 31st December, 2015.

The net profit for the quarter was at Rs.78.5 crore.

The gross NPA stands at 7.05% as against 6.12% (QoQ).

Union Bank of India is currently trading at Rs. 122.5, down by Rs. 0.3 or 0.24% from its previous closing of Rs. 122.8 on the BSE.

The scrip opened at Rs. 122.3 and has touched a high and low of Rs. 125.25 and Rs. 120.5 respectively. So far 3869701(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 8441.78 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 222.45 on 18-Aug-2015 and a 52 week low of Rs. 108.3 on 18-Jan-2016. Last one week high and low of the scrip stood at Rs. 138.85 and Rs. 119.95 respectively.

The promoters holding in the company stood at 63.44 % while Institutions and Non-Institutions held 26.52 % and 10.04 % respectively.

The stock is currently trading above its 200 DMA.

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