TMB

Tamilnad Mercantile Bank Share PriceTamilnad Mercantile Bank

₹414.05
-0.8 (-0.19%)
As on 26 March, 2023 | 11:48 BSE: 543596 NSE: TMB

Tamilnad Mercantile Bank Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

Start SIP in Tamilnad Mercantile Bank

Start SIP

Tamilnad Mercantile Bank Share Price

  • Over 1 Month -8.84%
  • Over 3 Month -14.35%
  • Over 6 Month -15.52%

Tamilnad Mercantile Bank Key Statistics

P/E Ratio 6.5
PEG Ratio 0.2
Market Cap Cr 6,557
Price to Book Ratio 1.2
EPS 51.9
Dividend 1.2
Relative Strength Index 23.46
Money Flow Index 35.14
MACD Signal -10.04
Average True Range 9.8

Tamilnad Mercantile Bank Investment Rating

  • 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

Tamilnad Mercantile Bank Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,0129971,002986
Operating Expenses Qtr Cr 290264289276
Operating Profit Qtr Cr 244244235212
Depreciation Qtr Cr 0000
Interest Qtr Cr 478488478499
Tax Qtr Cr 929385303
Net Profit Qtr Cr 280262234227

Tamilnad Mercantile Bank Technicals

EMA & SMA

Current Price
₹414.05
-0.8 (-0.19%)
  • 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

PIVOT
₹417.75
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 NameDec-22Sep-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

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

Other Analyst Rating

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

Q2FY23

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