United Bank of India is currently trading at Rs. 61.00, up by 0.05 points or 0.08% from its previous closing of Rs. 60.95 on the BSE.
The scrip opened at Rs. 61.20 and has touched a high and low of Rs. 61.60 and Rs. 60.90 respectively. So far 33,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 99.80 on 08-Jul-2011 and a 52 week low of Rs. 45.55 on 02-Jan-2012.
Last one week high and low of the scrip stood at Rs. 61.90 and Rs. 59.55 respectively. The current market cap of the company is Rs. 2202.00 crore.
The promoters holding in the company stood at 81.56% while Institutions and Non-Institutions held 7.48% and 10.97% respectively.
United Bank of India has set up a state of art security operation centre (SOC) at their head office on June 30, 2012. The bank has taken this step in line with its policy to provide safe and secure banking services to its customers. The centre was inaugurated by Chairman & Managing Director in the presence of Executive Director and other senior officials.
The bank will centrally monitor attacks like Phishing, Trozan and take corrective actions, in shortest span of time. SOC will be command centre for countering cyber threats and ensure compliance of bank’s security policy. Further, the need for setting up such a centre has gained more importance recently as banking industry is actively encouraging for movement from paper transactions to electronic transactions.
United Bank of India has emerged as a strong and efficient banking organisation over the years and plays an integral role in the socio-economic development of the Eastern and North-Eastern States of the country. The bank at present has a strong presence with its total 1678 branches and 800 ATMs spread across the country.
| Company Name | CMP |
|---|---|
| SBI | 743.15 |
| Bank Of Baroda | 225.35 |
| Canara Bank | 92.85 |
| PNB | 98.65 |
| Union Bank Of India | 103.60 |
| View more.. | |
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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