Union Bank

18 thg 9, 2022

Union Bank. Revenue increase from 16k.cr to 69k.cr in last 10yrs, Net profit 2.2k.cr to 5.7k.cr ... Revenue & profit highest ever in last 10yr. Net NPA after merger of Andhra Bank & corporation Bank is around 3%. Stock is trading at 0.45 of book value. Bank divided yield around 5%...all things are good on paper. This is just like bottom fishing 🎣. It might take more year to show upward movement. But it is getting ready to enter in new zone. CMP:46... If you are thinking for long term of around 5+yr then start acculamtion small small qty in dip