Tamilnad Mercantile Bank
Tamilnad Mercantile Bank Performance
Day Range
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52 Week Range
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- Previous Close
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Start SIP in Tamilnad Mercantile Bank
Start SIPTamilnad Mercantile Bank Investment Rating
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Master Rating:
-
Tamilnad Mercantile Bank has an operating revenue of Rs. 4,646.49 Cr. on a trailing 12-month basis. An annual revenue growth of 9% is good, Pre-tax margin of 18% is great, ROE of 15% is good. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 96 which is a GREAT score indicating consistency in earnings, a RS Rating of 29 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at E which indicates heavy supply, Group Rank of 46 indicates it belongs to a fair industry group of Banks-Money Center and a Master Score of D is close to being the worst. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|
| Oper Rev Qtr Cr | 1,012 | 997 | 1,002 | 986 |
| Operating Expenses Qtr Cr | 290 | 264 | 289 | 276 |
| Operating Profit Qtr Cr | 244 | 244 | 235 | 212 |
| Depreciation Qtr Cr | 0 | 0 | 0 | 0 |
| Interest Qtr Cr | 478 | 488 | 478 | 499 |
| Tax Qtr Cr | 92 | 93 | 85 | 303 |
| Net Profit Qtr Cr | 280 | 262 | 234 | 227 |
Tamilnad Mercantile Bank Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 0
- Bearish Moving Average
- ___
- 13
- 20 Day
- 433.07
- 50 Day
- 450.91
- 100 Day
- 467.68
- 200 Day
- 20 Day
- 437.52
- 50 Day
- 454.69
- 100 Day
- 478.02
- 200 Day
Tamilnad Mercantile Bank Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 422 |
| Second Resistance | 429.15 |
| Third Resistance | 433.4 |
| RSI | 23.46 |
| MFI | 35.14 |
| MACD Single Line | -10.03 |
| MACD | -12.12 |
| Support | |
|---|---|
| First Resistance | 410.6 |
| Second Resistance | 406.35 |
| Third Resistance | 399.2 |
Tamilnad Mercantile Bank Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 75,824 | 6,186,480 | 81.59 |
| Week | 93,315 | 7,184,322 | 76.99 |
| 1 Month | 84,898 | 5,762,008 | 67.87 |
| 6 Month | 99,382 | 5,781,061 | 58.17 |
Tamilnad Mercantile Bank Result Highlights
Tamilnad Mercantile Bank Synopsis
NSE-Banks-Money Center
Tamilnad Mercantile is involved in the business activities of Banking activities by Central, Commercial and Saving banks. Company’s Total Operating Revenue is Rs. 3833.86 Cr. and Equity Capital is Rs. 142.51 Cr. for the Year ended 31/03/2022. 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 U65110TN1921PLC001908 and registration number is 001908.| Market Cap | 6,557 |
| Sales | 4,646 |
| Shares in Float | 15.84 |
| No of funds | 25 |
| Yield | 1.21 |
| Book Value | 1.11 |
| U/D Vol ratio | 0.9 |
| LTDebt / Equity | |
| Alpha | -0.07 |
| Beta | 0.53 |
Tamilnad Mercantile Bank
| Owner Name | Dec-22 | Sep-22 |
|---|---|---|
| Insurance Companies | 4.69% | 4.8% |
| Foreign Portfolio Investors | 0.58% | 23.16% |
| Financial Institutions/ Banks | ||
| Individual Investors | 57.71% | 57.34% |
| Others | 37.02% | 14.7% |
Tamilnad Mercantile Bank Management
| Name | Designation |
|---|---|
| Mr. B Vijayadurai | Part Time Chairman & Independent Director |
| 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. Balakrishnan Prabaharan | Independent Director |
| Mr. C Chiranjeevi Raj | Independent Director |
| Ms. S Ezhil Jothi | Independent Director |
| Mr. K Nagarajan | Independent Director |
| Mr. B S Keshava Murthy | Independent Director |
| Mr. S Babu Suresh Kumar | Independent Director |
| Mr. Natarajan Gopal | Nominee Director |
Tamilnad Mercantile Bank Forecast
Price Estimates
Tamilnad Mercantile Bank FAQs
What is Share Price of Tamilnad Mercantile Bank ?
Tamilnad Mercantile Bank share price is ₹414 As on 26 March, 2023 | 11:34
What is the Market Cap of Tamilnad Mercantile Bank ?
The Market Cap of Tamilnad Mercantile Bank is ₹6556.5 Cr As on 26 March, 2023 | 11:34
What is the P/E ratio of Tamilnad Mercantile Bank ?
The P/E ratio of Tamilnad Mercantile Bank is 6.5 As on 26 March, 2023 | 11:34
What is the PB ratio of Tamilnad Mercantile Bank ?
The PB ratio of Tamilnad Mercantile Bank is 1.2 As on 26 March, 2023 | 11:34