Shares of Union Bank of India (Union Bank) hit a 52-week high at Rs 51.70, up 8.5 per cent on the BSE in Thursday’s intra-day trade. The stock has rallied 14 per cent in the last two trading days on improved business outlook, despite weakness in the broader market. The stock of the state-owned lender surpassed its previous high of Rs 49.75 touched on October 19, 2021.