Union Bank of India Share Price Falls Over 1.5% to Rs 167.82 — Key Levels, Fundamentals, and How to Trade This PSU Banking Stock
- June 10, 2026
- Posted by: Ankit Jaiswal
- Category: News
Union Bank of India share price: Rs 167.82 (-1.54%). Open Rs 170, High Rs 170.73, Low Rs 167.80. Prev close Rs 170.44. 52W high Rs 205.49, 52W low Rs 124.64. P/B ~1.0x (book value Rs 165.34). Q4 FY26 PAT Rs 5,316 Cr (+6.6%). NIM 2.64%. GNPA 2.82%. FY26 dividend Rs 5/share.
The Union Bank of India share price fell 1.54% to Rs 167.82 on Wednesday, June 10, 2026, underperforming the broader PSU banking sector that saw peers like Bank of Maharashtra and SBI hold steady. The Union Bank of India share price has been in a broader corrective trend since hitting a 52-week high of Rs 205.49 in October 2025, having declined approximately 18.3% from that peak. The primary fundamental concern weighing on the stock is net interest margin (NIM) compression — the bank’s NIM fell to 2.64% in Q4 FY26 from 2.97% a year ago, a 33 basis point contraction that has pressured net interest income despite strong credit growth. This article covers the key levels, fundamentals, and a clear trading framework for the Union Bank of India share price.
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Union Bank of India Share Price: Current Data
| Parameter | Details |
|---|---|
| NSE Symbol | UNIONBANK |
| Sector | PSU Banking |
| CMP (Jun 10, 2026) | Rs 167.82 |
| Open | Rs 170.00 |
| Day High / Day Low | Rs 170.73 / Rs 167.80 |
| Previous Close | Rs 170.44 |
| Change | Rs -2.62 | -1.54% |
| 52-Week High | Rs 205.49 |
| 52-Week Low | Rs 124.64 |
| Distance from 52W High | -18.3% |
| Market Cap | ~Rs 1,27,130 crore |
| P/E (TTM) | ~6.6x |
| P/B | ~1.0x (Book Value Rs 165.34) |
| Q4 FY26 Net Profit | Rs 5,316 crore (+6.6% YoY) |
| Q4 FY26 NII | Rs 9,406 crore (-1.1% YoY) |
| FY26 Net Profit | Rs 18,697 crore (+3.9% YoY) |
| NIM Q4 FY26 | 2.64% (vs 2.97% in Q4 FY25) |
| GNPA | 2.82% |
| NNPA | 0.48% |
| ROA / ROE | 1.25% / 15.86% |
| FY26 Dividend | Rs 5 per share (face value Rs 10) |
| Promoter Holding | 74.8% (Government of India) |
| Total Business | Rs 23.85 lakh crore (+5.78% YoY) |
| Branches / ATMs | 8,697 / 8,656 |
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Why Is Union Bank of India Share Price Falling Today?
The Union Bank of India share price is declining in a session where the broader PSU bank rally appears to be taking a breather. The stock opened at Rs 170 and quickly dropped to the day’s low of Rs 167.80, indicating selling at higher levels. Technically, the Union Bank of India share price appears to be forming a head-and-shoulders pattern on the medium-term chart, with lower highs since the October 2025 peak. The immediate trigger for today’s selling is likely profit booking after the PSU bank rally of the past two sessions (driven by the RBI’s FCNR forex swap facility announcement on June 8). The bank’s Q4 FY26 results on April 23 saw the stock fall 8%+ on that single day as the NIM compression to 2.64% disappointed the market.
Union Bank of India: Q4 FY26 Fundamentals
The Union Bank of India share price is trading at a pivotal valuation point. At Rs 167.82, the P/B ratio is approximately 1.0x, meaning the stock is trading at book value (Rs 165.34 per share). Historically, PSU banks at P/B of 1x or below have been strong long-term accumulation zones. Q4 FY26 net profit of Rs 5,316 crore was up 6.6% year on year, and full-year FY26 profit of Rs 18,697 crore grew 3.9%. Asset quality improved materially: GNPA fell to 2.82% and NNPA to 0.48%, reflecting robust recovery efforts. ROE of 15.86% is respectable for a public sector bank.
The key negative is NIM at 2.64% vs 2.97% in Q4 FY25. For the Union Bank of India share price to re-rate meaningfully higher, NIM needs to stabilise or recover. This will happen as the RBI rate cut cycle passes through to deposit repricing, reducing Union Bank’s cost of funds. The bank’s Rs 20,000 crore bond issuance approval also signals management confidence in funding growth going forward.
How to Trade Union Bank of India Share Price: Key Levels
| Type | Level | Rationale |
|---|---|---|
| Strong Support | Rs 165-166 | Near book value Rs 165.34; previous May base |
| Support 2 | Rs 160-162 | May 2026 consolidation low; key round number |
| Support 3 | Rs 155 | Key structural support; March 2026 level |
| Immediate Resistance | Rs 170-171 | Today’s open and intraday high |
| Resistance 2 | Rs 175-178 | Post-Q4 result level; 20-day MA zone |
| Resistance 3 | Rs 183-185 | Pre-NIM compression level; 50-day MA est. |
| Target for Bulls | Rs 192-195 | Previous consolidation before Q4 result sell-off |
| 52-Week High Target | Rs 205.49 | Full recovery level; needs NIM improvement |
For Intraday Traders
The Union Bank of India share price at Rs 167.82 is at intraday support. An intraday bounce setup exists if the price holds Rs 167-167.50 and recovers above Rs 168.50 with volume. Target: Rs 170-171 (today’s open level). Stop-loss: Rs 166.50. If Rs 167 breaks on volume, avoid long positions intraday — next support is Rs 165-166.
For Swing Traders (5-15 Day Horizon)
The Union Bank of India share price swing trade setup requires confirmation of a reversal. Wait for a daily close above Rs 170 with above-average volume before entering long. Target: Rs 175-178 (first), Rs 183-185 (second). Stop-loss on daily close below Rs 163. Risk-reward ratio: 1:2.5 at the Rs 170 entry zone.
For Long-Term Investors
The Union Bank of India share price at P/B ~1.0x and P/E ~6.6x represents a value entry for patient investors. At or near book value (Rs 165.34), Union Bank has historically been a strong 12-18 month buy. With improving asset quality, a healthy CET1 ratio of 15.69%, and the structural tailwind from RBI rate cuts eventually reducing deposit costs and recovering NIM, the bull case targets Rs 192-195 over 12-18 months. Accumulate in tranches in the Rs 160-170 range.
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Risks to Monitor
The primary risk for the Union Bank of India share price is NIM compression continuing. If deposit costs remain sticky and the RBI’s rate cut cycle is slower than expected, NIM could compress further below 2.6%, impacting NII and profitability. The credit-to-deposit ratio growth divergence (advances +9.74% YoY vs deposits +2.72% YoY) could create funding pressure. Geopolitical risks from US-Iran tensions could also worsen credit quality in export-linked sectors, affecting PSU bank NPA ratios. The capital raise of Rs 20,000 crore via bonds signals balance sheet needs.
Conclusion
The Union Bank of India share price fall of 1.54% to Rs 167.82 reflects profit booking and NIM compression concerns rather than any new negative news. At P/B ~1.0x and book value Rs 165.34, the stock is at a historically cheap level. Intraday support is Rs 167-167.50 with resistance at Rs 170-171. Long-term investors can look to accumulate the Union Bank of India share price in the Rs 160-170 range with a 12-18 month horizon. Consult a SEBI-registered advisor before trading.
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Disclaimer: Data sourced from publicly available information including NSE/BSE filings. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776). Investments are subject to market risk. Consult a SEBI-registered financial advisor before investing.
Frequently Asked Questions
Why is Union Bank of India share price falling today?
Ans. Union Bank of India share price is falling 1.54% to Rs 167.82 today in a session where most PSU banking peers are flat-to-positive. The stock has been in a broader downtrend since its 52-week high of Rs 205.49 in October 2025, falling approximately 18.3%. The key fundamental concern is NIM (net interest margin) compression to 2.64% in Q4 FY26 from 2.97% in Q4 FY25, which reflects deposit cost stickiness even as lending rates have partially declined with RBI rate cuts. Today’s selling may be profit booking on the broader PSU bank rally that took Union Bank from Rs 160 lows to Rs 170.
What are the key fundamentals for Union Bank of India?
Ans. Union Bank of India reported Q4 FY26 net profit of Rs 5,316 crore, up 6.6% year on year. FY26 full-year profit stands at Rs 18,697 crore. NII slipped 1.1% to Rs 9,406 crore due to NIM compression. Asset quality improved with GNPA at 2.82% and NNPA at 0.48%. ROA of 1.25% and ROE of 15.86% are healthy. The bank has a capital ratio of 15.69% CET1. The board recommended a dividend of Rs 5 per share for FY26. Current P/B of ~1.0x means the stock is trading near its book value of Rs 165.34 — a historically cheap entry for PSU banks.
What are the support and resistance levels for Union Bank of India share price?
Ans. Key support levels for Union Bank of India share price are Rs 165-166 (near book value), Rs 160-162 (May 2026 base), and Rs 155 (March 2026 structural support). Key resistance levels are Rs 170-171 (today’s high and previous open), Rs 175-178 (20-day MA zone), and Rs 183-185 (50-day MA estimate). For a sustained uptrend, the stock needs to close convincingly above Rs 175 with volumes.
Is Union Bank of India share price a buy at current levels?
Ans. Union Bank of India share price near Rs 165-168 represents a P/B of approximately 1.0x, which has historically been an attractive entry level for PSU banks in India. The combination of improving asset quality (GNPA 2.82%, NNPA 0.48%), healthy ROE (15.86%), and RBI’s FCNR forex swap tailwind for PSU banks makes the fundamental case. The key risk is continued NIM compression if deposit repricing remains slow. Long-term accumulation near book value (Rs 165) with a 12-18 month horizon targeting Rs 185-195 is the case for patient investors. This is not investment advice.
How does Union Bank compare with other PSU banking stocks?
Ans. Union Bank of India share price at P/B 1.0x compares favourably with Bank of Maharashtra (P/B 1.8x) and SBI (P/B 1.6x). The bank’s ROE of 15.86% is healthy but lower than Bank of Baroda’s and SBI’s. NIM of 2.64% is the key underperformance metric — Bank of Maharashtra runs NIM above 3%, and SBI maintains 3.2%+. For investors seeking PSU bank exposure at the lowest valuation, Union Bank offers the value entry but carries higher NIM compression risk relative to peers.
