Trades between FIIs generated a volume of Rs 396 crore on the BSE Monday-an increase of 282.18% from Rs 104 crore clocked on Friday. As many as six stocks witnessed trades of 39 lakh shares on Monday. Union Bank Of India was traded at highest premium of 5.14% on BSE with 2,100 shares cha…
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Accumulate Union Bank, target of Rs 170: Emkay
Posted on: May 9th 2009 in Brokerage Recommendations.
Emkay Global Financial Services has downgraded its rating on Union Bank of India to accumulate from buy with a price target of Rs 170 in its May 08, 2009 research report. “Union Bank of India’s (UBI) reported net profit of Rs 4.7 billion for Q4FY09, decline of 10.8% yoy. Although…
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