Fairwealth Securities has maintained 'sell' rating on Union Bank of India stock with a target of Rs 325-320.

According to analyst, the investors can sell the stock below Rs 333 with a stop loss of Rs 341.

Today, the stock of the bank opened at Rs 332.70 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 426.80 and a low of Rs 238.55 on BSE.

Current EPS & P/E ratio stood at 40.23 and 8.22 respectively.

For the three month period ended Sep 2010, Union Bank of India (UBI) has registered a fall of around 40% in its net profit of Rs 3,033.9 million.

The bank had a net profit of Rs 5,051 million in the corresponding period of last year.

Interest earned by the bank remained up by 23.29% to Rs 39,522.4 million for the quarter under review as compared to Rs 32,055.8 million during the same period of 2009.

Interest expended surged up by 3.17% to Rs 24,164 million for theree month period ended September 30 as compared to Rs 23,421.8 million for the same quarter of last year.