Is it good time to buy Union Bank shares?

Is it good time to buy Union Bank shares?

As on 24th Nov 2021 UNIONBANK Share Price closed @ 46.30 and we RECOMMEND Buy for LONG-TERM with Stoploss of 36.89 & Buy for SHORT-TERM with Stoploss of 42.15 we also expect STOCK to react on Following IMPORTANT LEVELS.

Is Union Bank a good stock?

Union Bank reported healthy earnings performance, supported by high treasury gains and improving margin, despite tepid business growth. The bank expects growth to pick up, led by the RAM segments, while the Corporate book would witness a gradual recovery. The bank is trading at reasonable valuations of 0.5x FY23E ABV.

What is future of Union Bank share?

Tomorrow’s movement Prediction of Union Bank Of India UNIONBANK as on 25 Nov 2021 is showing signs of weakness….Munafa value: 45 as on 25 Thu Nov 2021.

Downside target 44.67
Upside target 46.17
Upside target 46.73
Upside target 46.77
Upside target 47.58

Is Union Bank safe to invest?

Investing in a fixed deposits with the highest rating of AAA, rated by ICRA and CRISIL, is a reliable investment option. Thus, Union Bank of India term deposit is safe and secure, as the funds are backed by the government no matter what the current situation of the Bank is.

How strong is Union Bank of India?

Today, it has a network of 9200+ domestic branches, 11600+ ATMs, 8216 BC Points serving over 120 million customers with 76000+ employees . The Bank’s total business as of 30th September 2021 stood at Rs. 15,48,605 crore, comprising Rs. 9,14,022 crore of deposits and Rs.

Is it smart to invest in stocks right now?

So, to sum it up, if you’re asking yourself if now is a good time to buy stocks, advisors say the answer is simple, no matter what’s happening in the markets: Yes, as long as you’re planning to invest for the long-term, are starting with small amounts invested through dollar-cost averaging and you’re investing in …

Which bank is better Union Bank or SBI?

Hence, both banks are benchmarked to the same rate, making them a comparable option to choose from. SBI with an average customer ratings of 4.2 is equally comparable to Union Bank of India with an average customer rating of 4.2, and hence, the customer can expect the same kind of service levels from these banks.