NSE: UNIONBANK · 19 October 2026
- Union Bank of India shares advanced sharply, trading up 5.55% at ₹181.20 after moving within a intraday range of ₹173.47 to ₹182.98.
- CARE Ratings Limited reviewed and reaffirmed the AAA ratings with a stable outlook on the bank's Tier-2 and Infrastructure bonds, while formally noting the withdrawal of an Additional Tier-1 bond following its redemption. The filing reaffirmed the institution's solid long-term credit standing.
- Trading volume was 4.37 times the 20-day average daily volume.
Why is Union Bank Of India share price rising on 19 October 2026?
Union Bank of India shares advanced sharply, trading up 5.55% at ₹181.20 after moving within a intraday range of ₹173.47 to ₹182.98.
The broader market exhibited weak sentiment as the Nifty declined by 1.11%, highlighting a strong outperformance by Union Bank of India against the benchmark indices. The stock's positive momentum builds on a 5-day return of 5.76% and a 20-day return of 2.63%, reversing mild pullbacks recorded over the prior two trading sessions where it registered losses of 0.58% and 1.33% respectively.
The price movement coincided with the release of the bank's financial results for the quarter ended September 30, 2026, where the institution reported a net profit of ₹5,537 crore and interest income of ₹28,158 crore. Total business expanded by 12.01% year-on-year to reach ₹24,75,330 crore, supported by an 18.53% surge in gross advances and a 6.87% growth in global deposits, while asset quality improved with gross NPA declining to 2.42%.
4.52 crore shares traded by 19 October 2026 · 03:15 PM IST. This compares with a 20-day average daily volume of 1.03 crore shares (4.37 times). The five-day average daily volume was 1.52 crore shares. Separately, the NSE report for 16 October 2026 showed 1.08 crore shares delivered, representing 56.57% of that day’s traded volume. The same report recorded 66,010 trades.
The stock's 5.55% gain with heavy trading volume is directly supported by the release of Q2 FY2027 financial results showing a net profit of ₹5,537 crore, robust RAM advance expansion, and significant improvements in asset quality metrics.
Latest Company Developments
CARE Ratings Limited reviewed and reaffirmed the AAA ratings with a stable outlook on the bank's Tier-2 and Infrastructure bonds, while formally noting the withdrawal of an Additional Tier-1 bond following its redemption. The filing reaffirmed the institution's solid long-term credit standing.
Maintains market confidence regarding the bank's debt instruments and overall creditworthiness.
Q1 results 2026: Groww to Union Bank among companies to declare Q1 results today; full list here.
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
Highlighted Union Bank of India as a top short-term pick based on technical and sectoral setups.
Maintained a positive outlook with a target price reflecting anticipated earnings expansion and asset quality improvements.
Adopted a neutral stance with a target of ₹190, balancing valuation levels against steady performance.
Recommended accumulating the stock with a ₹190 target, noting consistent credit uptake and comfortable capitalization.
What to Watch Next
- Post-results management commentary and guidance on credit growth and net interest margins
- Evolution of gross and net NPA ratios in subsequent quarters
- Sustained delivery volume and cash market participation above the 20-day average
- Sectoral performance of Nifty PSU Bank relative to broader market benchmarks
Other Dated Coverage
- 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
- Union Bank Of India Share Price Today: Why UNIONBANK Is Rising 2.80% | 7 October 2026 — 7 October 2026
More Union Bank Of India news and dated analysis →
Frequently Asked Questions
What is the latest Union Bank Of India company news?
CARE Ratings Limited reviewed and reaffirmed the AAA ratings with a stable outlook on the bank's Tier-2 and Infrastructure bonds, while formally noting the withdrawal of an Additional Tier-1 bond following its redemption. The filing reaffirmed the institution's solid long-term credit standing.
How strong was Union Bank Of India’s trading volume?
4.52 crore shares traded, 4.37 times the 20-day average daily volume. The price and volume data are dated 19 October 2026 · 03:15 PM 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.