NSE: UNIONBANK · 21 October 2026
- Union Bank of India shares are trading higher by 1.05% at ₹182.59, moving within a day's range of ₹181.08 and ₹185.97.
- Union Bank of India announced its unaudited financial results for the quarter ended September 30, 2026, reporting a net profit of ₹5,537 crore, marking a 30.31% increase year-on-year. Net interest income reached ₹10,583 crore, up 15.03% compared to the same period last year. Gross NPAs improved significantly, dropping by 87 basis points year-on-year to 2.42%, while the provision coverage ratio stood strong at 95.20%.
- Trading volume was 0.84 times the 20-day average daily volume.
Why is Union Bank Of India share price rising on 21 October 2026?
Union Bank of India shares are trading higher by 1.05% at ₹182.59, moving within a day's range of ₹181.08 and ₹185.97.
The stock's positive movement aligns with broader market trends as the Nifty advanced by 0.36%. Union Bank has demonstrated solid short-term momentum, building on a 5-day return of 6.02% and a prior session gain of 5.25%.
Recent sentiment continues to draw context from the bank's strong financial results for the quarter ended September 30, 2026, where net profit rose 30.31% year-on-year to ₹5,537 crore and net interest income grew 15.03% to ₹10,583 crore. While these earnings were announced earlier in the week, they provide ongoing fundamental backing alongside recent positive brokerage coverage highlighting target prices up to ₹221.
1.04 crore shares traded by 21 October 2026 · 11:00 AM IST. This compares with a 20-day average daily volume of 1.23 crore shares (0.84 times). The five-day average daily volume was 2.35 crore shares. Separately, the NSE report for 19 October 2026 showed 1.33 crore shares delivered, representing 29.03% of that day’s traded volume. The same report recorded 196,935 trades.
The stock's advance of 1.05% reflects sustained positive sentiment following recent Q2 earnings results and supportive analyst target price revisions up to ₹221, underpinned by healthy cash volume participation.
Latest Company Developments
Union Bank of India announced its unaudited financial results for the quarter ended September 30, 2026, reporting a net profit of ₹5,537 crore, marking a 30.31% increase year-on-year. Net interest income reached ₹10,583 crore, up 15.03% compared to the same period last year. Gross NPAs improved significantly, dropping by 87 basis points year-on-year to 2.42%, while the provision coverage ratio stood strong at 95.20%.
Demonstrates robust profitability, expanding net interest income, and continuous asset quality improvements across the bank's core operations.
The bank informed the exchange that CARE Ratings Limited reviewed and reaffirmed its 'AAA Stable' rating for Tier-2 bonds and infrastructure bonds on October 7, 2026. Simultaneously, an additional Tier-1 bond issuance (ISIN INE692A08029) was noted as withdrawn due to redemption.
Reaffirmation of top-tier credit ratings underscores the bank's strong debt servicing capacity and balance sheet stability.
a press release dated October 19, 2026, titled "Press Release on the Financial Results of the Bank for the Quarter ended on September 30, 2026".
Union Bank of India has submitted to the Exchange, the financial results for the period ended September 30, 2026.
a press release dated October 19, 2026, titled "Press Release on the Financial Results of the Bank for the Quarter ended on September 30, 2026".
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 5.43% on 30 September 2026. This compares with 4.73% on 30 June 2026, a change of +0.70 percentage points.
The filing reported 46 MF/UTI holders.
Research & Brokerage Views
Maintained a Buy rating with a target price of ₹221, reflecting confidence in the bank's operational performance and valuation upside.
Suggested an Accumulate rating with a target price of ₹200 based on steady credit growth and improving asset quality metrics.
What to Watch Next
- Sustainability of credit and deposit growth rates in upcoming business updates
- Further movement in gross and net NPA ratios towards management guidance targets
- Trading volume and delivery percentage trends relative to the 20-day average volume
- Analyst reactions and target price revisions following recent quarterly financial disclosures
Other Dated Coverage
- Union Bank Of India Share Price Today: Why UNIONBANK Is Rising 5.55% | 19 October 2026 — 19 October 2026
- Union Bank Of India Share Price Today: Why UNIONBANK Is Falling 3.21% | 15 October 2026 — 15 October 2026
- Union Bank of India in Focus After S&P Global Ratings Reaffirmation | 8 October 2026 — 8 October 2026
More Union Bank Of India news and dated analysis →
Frequently Asked Questions
What is the latest Union Bank Of India company news?
Union Bank of India announced its unaudited financial results for the quarter ended September 30, 2026, reporting a net profit of ₹5,537 crore, marking a 30.31% increase year-on-year. Net interest income reached ₹10,583 crore, up 15.03% compared to the same period last year. Gross NPAs improved significantly, dropping by 87 basis points year-on-year to 2.42%, while the provision coverage ratio stood strong at 95.20%.
How strong was Union Bank Of India’s trading volume?
1.04 crore shares traded, 0.84 times the 20-day average daily volume. The price and volume data are dated 21 October 2026 · 11:00 AM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.