Nov 07, 2012, 12.33 PM IST | Source: CNBC-TV18

Buy Union Bank of India around Rs 213- 204: Manghnani

Anil Manghnani, Modern Shares & Stock Brokers advice traders to buy Union Bank of India around Rs 213- 204.

Anil Manghnani

Analyst, Modern Shares & Stock Brokers

Expertise : Equity - Technical

More about the Expert...

Anil Manghnani, Modern Shares & Stock Brokers advice traders to buy Union Bank of India around Rs 213- 204.

Manghnani told CNBC-TV18, “Union Bank of India, this time again post the numbers like OBC which I gave last week, has rallied. So any pullback is a buy. The market has moved beyond the number, the numbers were fine. So Rs 213-204 is a buy range, Rs 203 is a stop and a pullback target of about Rs 232 and beyond.”

The company's trailing 12-month (TTM) EPS was at Rs 32.77 per share. (Sep, 2012). The stock's price-to-earnings (P/E) ratio was 7.03. The latest book value of the company is Rs 235.91 per share. At current value, the price-to-book value of the company was 0.98. The dividend yield of the company was 3.47%.

Set email alert for

ADS BY GOOGLE

Buy & sell politicians on Power Play
- the political stock exchange

Price Update

Rahul Gandhi

576.23 -7.75 -1.33%

62344

Bought today

170682

Sold today

0.31%

User holding

video of the day

Chandra says satisfied with TCS' FY14, FY15 to be better

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.