TMB

Tamilnad Mercantile Bank Share Price Tamilnad Mercantile Bank

₹495.15
+1.4 (0.28%)
25 April, 2024 11:43 BSE: 543596 NSE: TMBISIN: INE668A01016

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Tamilnad Mercantile Bank Performance

Day Range

  • Low 493
  • High 500
₹ 495

52 Week Range

  • Low 402
  • High 611
₹ 495
  • Open Price493
  • Previous Close494
  • Volume45729

Tamilnad Mercantile Bank Share Price

  • Over 1 Month +7.31%
  • Over 3 Month -1.7%
  • Over 6 Month -13.21%
  • Over 1 Year +21.66%

Tamilnad Mercantile Bank Key Statistics

P/E Ratio 7.3
PEG Ratio 1.8
Market Cap Cr 7,841
Price to Book Ratio 1
EPS 67.7
Dividend 1
Relative Strength Index 56.34
Money Flow Index 56.55
MACD Signal 2.69
Average True Range 11.91
Tamilnad Mercantile Bank Financials
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,2541,2291,2091,1561,070
Operating Expenses Qtr Cr 364325324301307
Operating Profit Qtr Cr 367370365380404
Depreciation Qtr Cr 00000
Interest Qtr Cr 687692676642543
Tax Qtr Cr 9084688094
Net Profit Qtr Cr 253284274261253
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 5,4934,710
Operating Expenses Annual Cr 1,3141,150
Operating Profit Annual in Cr 1,4821,573
Depreciation Cr 054
Interest Annual Cr 2,6971,987
Tax Annual Cr 322502
Net Profit Annual Cr 1,0721,029
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr -1,270
Cash from Investing Activity Annual Cr -89
Cash from Financing Annual Activity Cr 1,088
Net Cash Flow Annual Cr -270
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 7,9216,928
Fixed Assets Annual Cr 271246
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 46,01943,494
Total Assets Annual Cr 61,55257,895
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 500438
ROE Annual % 1415
ROCE Annual % 76
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Tamilnad Mercantile Bank Technicals

EMA & SMA

Current Price
₹495.15
+1.4 (0.28%)
pointer
  • Bullish Moving Average
  • ___
  • 14
  • Bearish Moving Average
  • ___
  • 2
  • 20 Day
  • ₹487.37
  • 50 Day
  • ₹487.08
  • 100 Day
  • ₹492.66
  • 200 Day
  • ₹494.61
  • 20 Day
  • ₹487.43
  • 50 Day
  • ₹482.63
  • 100 Day
  • ₹494.11
  • 200 Day
  • ₹504.79

Tamilnad Mercantile Bank Resistance and Support

PIVOT
₹495.25
Resistance
First Resistance 498.20
Second Resistance 502.65
Third Resistance 505.60
RSI 56.34
MFI 56.55
MACD Single Line 2.69
MACD 3.18
Support
First Resistance 490.80
Second Resistance 487.85
Third Resistance 483.40

Tamilnad Mercantile Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 110,404 4,079,428 36.95
Week 128,704 5,112,115 39.72
1 Month 120,497 6,238,108 51.77
6 Month 126,619 7,145,097 56.43

Tamilnad Mercantile Bank Result Highlights

Tamilnad Mercantile Bank Synopsis

NSE-Banks-Money Center

Tamilnad Mercantile is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 4847.91 Cr. and Equity Capital is Rs. 158.35 Cr. for the Year ended 31/03/2024. Tamilnad Mercantile Bank Ltd. is a Public Limited Listed company incorporated on 11/05/1921 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L65110TN1921PLC001908 and registration number is 001908.
Market Cap 7,819
Sales 5,493
Shares in Float 15.84
No of funds 91
Yield 2.03
Book Value 0.99
U/D Vol ratio 1
LTDebt / Equity 16
Alpha -0.01
Beta 0.66

Tamilnad Mercantile Bank

Owner NameMar-24Dec-23Sep-23Jun-23
Promoters
Mutual Funds 0.15%0.08%0.11%0.09%
Insurance Companies 2.46%2.94%3.62%4.35%
Foreign Portfolio Investors 3.45%3.13%2.06%0.07%
Individual Investors 59.56%57.58%58.07%58.72%
Others 34.38%36.27%36.14%36.77%

Tamilnad Mercantile Bank Management

Name Designation
Mr. Krishnan Sankarasubramaniam Managing Director & CEO
Mr. A Niranjan Sankar Non Executive Director
Mr. S R Ashok Non Executive Director
Mr. P C G Asok Kumar Non Executive Director
Mr. D N Nirranjan Kani Non Executive Director
Mr. C Chiranjeevi Raj Independent Director
Mrs. S Ezhil Jothi Independent Director
Mr. Balakrishnan Prabaharan Independent Director
Mr. K Nagarajan Independent Director
Mr. B Vijayadurai Independent Director
Mr. B S Keshava Murthy Independent Director
Mr. S Babu Suresh Kumar Nominee Director
Mr. C S Ram Kumar Nominee Director

Tamilnad Mercantile Bank Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Tamilnad Mercantile Bank Corporate Action

Date Purpose Remarks
2024-04-22 Audited Results & Final Dividend
2024-01-22 Quarterly Results
2023-10-27 Quarterly Results
2023-07-24 Quarterly Results
2023-04-24 Audited Results & Final Dividend
Date Purpose Remarks
2023-08-29 FINAL Rs.5.00 per share(50%)Final Dividend
2023-02-24 INTERIM Rs.5.00 per share(50%)Interim Dividend

Tamilnad Mercantile Bank FAQs

What is Share Price of Tamilnad Mercantile Bank ?

Tamilnad Mercantile Bank share price is ₹495 As on 25 April, 2024 | 11:29

What is the Market Cap of Tamilnad Mercantile Bank ?

The Market Cap of Tamilnad Mercantile Bank is ₹7840.8 Cr As on 25 April, 2024 | 11:29

What is the P/E ratio of Tamilnad Mercantile Bank ?

The P/E ratio of Tamilnad Mercantile Bank is 7.3 As on 25 April, 2024 | 11:29

What is the PB ratio of Tamilnad Mercantile Bank ?

The PB ratio of Tamilnad Mercantile Bank is 1 As on 25 April, 2024 | 11:29

Q2FY23