Tamilnad Mercantile Bank Ltd Performance
Day's Low
Day's High
₹440.05₹447.8552 Week's Low
52 Week's High
₹418.1₹545.25
| Returns % | |
| 1 Month Return | + 2.24 % |
| 3 Month Return | -2.29 % |
| 1 Year Return | -13.81 % |
| Market Stats | |
| Previous Close | ₹447.30 |
| Open | ₹447.30 |
| Volume | 96.15K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹7,083.06Cr |
Tamilnad Mercantile Bank Ltd Key Statistics
| P/E Ratio | 0 |
| PEG Ratio | 0 |
| Market Cap | ₹7,083.06 Cr |
| P/B Ratio | 0.97 |
| EPS | 0 |
| Dividend Yield | 0 |
| Sector | Banks |
| ROE | 14.44 |
Tamilnad Mercantile Bank Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹7,083.06 Cr | -2.45% | NA | NA | NA | |
| BUY | ₹7,511.00 Cr | 20.21% | NA | NA | NA | |
| BUY | ₹5,999.13 Cr | 21.69% | NA | ₹1,070 Cr | ₹10,127 Cr | |
| BUY | ₹17,452.26 Cr | 55.24% | NA | NA | NA | |
| NA | ₹2,024.20 Cr | -8.61% | NA | NA | NA |
Tamilnad Mercantile Bank Ltd Mutual Fund Holdings
About Tamilnad Mercantile Bank Ltd
Share Price: ₹444.95 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹7,083.06Cr as of today
Listing date: 15 Sep, 2022
Chairperson Name: BALAKRISHNAN PRABAHARAN
| Organisation | Tamilnad Mercantile Bank Ltd |
| Headquarters | |
| Industry | Banks |
| E-voting on shares | Click here to vote |
Key events for Tamilnad Mercantile Bank Ltd
Tamilnad Mercantile Bank Appoints New Head of Internal Audit - 11 Nov, 2024
Tamilnad Mercantile Bank Limited has appointed Shri. S. Ilangovan as the new Head of Internal Audit (Executive Vice President) for a three-year term starting November 11, 2024, replacing Shri. K. Ananth.
Tamilnad Mercantile Bank Reports Strong Q2 Results - 29 Oct, 2024
Tamilnad Mercantile Bank's Q2 FY25 results show a 10.85% increase in net profit to Rs 303.18 crore, driving shares up over 3%. Net interest income also rose significantly, reflecting improved financial health.
Tamilnad Mercantile Bank Reports Strong Q2 Results - 28 Oct, 2024
Tamilnad Mercantile Bank announced a record net profit of ₹303 crore for Q2FY25, an 11% increase year-on-year, driven by growth in net interest income and improved asset quality.
Insights on Tamilnad Mercantile Bank Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 93.16% to 93.26% in Sep 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 3.67% to 4.08% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, State Bank of India has given 43.0% return, outperforming this stock by 56.8%
NEGATIVE IMPACTPrice Dip
In the last 1 year, TMB stock has moved down by -13.8%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 0.18% to 0.00% in Sep 2024 quarter
Tamilnad Mercantile Bank Ltd Financials
Index Inclusions
Tamilnad Mercantile Bank Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 4.08% | 11.21 | |
| Mutual Funds | 0% | ||
| Retail Investors | 93.26% | 0.11 | |
| Others | 2.66% |
Tamilnad Mercantile Bank Ltd Key Indicators
Tamilnad Mercantile Bank Ltd Earnings and Dividends
Tamilnad Mercantile Bank Ltd Earnings Results
Tamilnad Mercantile Bank Ltd’s net profit jumped 10.85% since last year same period to ₹303.18Cr in the Q2 2024-2025. On a quarterly growth basis, Tamilnad Mercantile Bank Ltd has generated 5.53% jump in its net profits since last 3-months.
Read More about Earnings ResultsTamilnad Mercantile Bank Ltd Dividends April,2024
In the quarter ending March 2024, Tamilnad Mercantile Bank Ltd has declared dividend of ₹10 - translating a dividend yield of 3.37%.
Read More about Dividends
Tamilnad Mercantile Bank Ltd Technicals Summary
Bearish
Neutral
Bullish
Tamilnad Mercantile Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Tamilnad Mercantile Bank Ltd
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Tamilnad Mercantile Bank Ltd (TMB) share price today is ₹444.95
Tamilnad Mercantile Bank Ltd is listed on NSE
Tamilnad Mercantile Bank Ltd is listed on BSE
- Today’s highest price of Tamilnad Mercantile Bank Ltd is ₹447.85.
- Today’s lowest price of Tamilnad Mercantile Bank Ltd is ₹440.05.
Today’s traded volume of Tamilnad Mercantile Bank Ltd(TMB) is 96.15K.
Today’s market capitalisation of Tamilnad Mercantile Bank Ltd(TMB) is ₹7083.06Cr.
| Tamilnad Mercantile Bank Ltd(TMB | Price |
|---|---|
52 Week High | ₹545.25 |
52 Week Low | ₹418.1 |
Tamilnad Mercantile Bank Ltd(TMB) share price is ₹444.95. It is down -18.40% from its 52 Week High price of ₹545.25
Tamilnad Mercantile Bank Ltd(TMB) share price is ₹444.95. It is up 6.42% from its 52 Week Low price of ₹418.1
| Tamilnad Mercantile Bank Ltd(TMB | Returns |
|---|---|
1 Day Returns | -2.35% |
1 Month Returns | 2.24% |
3 Month Returns | -2.29% |
1 Year Returns | -13.81% |