TMB

TAMILNAD MERCANTILE BANK

Mid Cap BSE: 543596 NSE: TMB
₹522.2
1.1 (0.21%)
As on 05 December, 2022 | 17:25

Tamilnad Mercantile Bank Performance

Day Range

  • Low
  • High

52 Week Range

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

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Tamilnad Mercantile Bank Share Price

Tamilnad Mercantile Bank Share Returns

  • Over 1 Month 5.57%
  • Over 3 Month
  • Over 6 Month
  • Over 1 Year

Tamilnad Mercantile Bank Key Statistics

P/E Ratio
PEG Ratio
Market Cap Cr 8,269
Price to Book Ratio 1.5
EPS 51.9
Dividend 0
Relative Strength Index 61.4
Money Flow Index 62.64
MACD Signal 4.88
Average True Range 13.09

Tamilnad Mercantile Bank Investment Rating

  • Master Rating:
  • Tamilnad Mercantile Bank has an operating revenue of Rs. 8,040.89 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 comfortably placed above its key moving averages, around 5% and 5% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 1% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 95 which is a GREAT score indicating consistency in earnings, a RS Rating of 41 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 41 indicates it belongs to a fair industry group of Banks-Money Center and a Master Score of C is fair but needs to improve. 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
IndicatorSep 2022Jun 2022Sep 2021Jun 2021
Oper Rev Qtr Cr 9971,002950938
Operating Expenses Qtr Cr 264289269261
Operating Profit Qtr Cr 244235170175
Depreciation Qtr Cr 0000
Interest Qtr Cr 488478511502
Tax Qtr Cr 93859173
Net Profit Qtr Cr 262234191201

Tamilnad Mercantile Bank Technicals

EMA & SMA

Current Price
522.2
1.1 (0.21%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 509.01
  • 50 Day
  • 496.81
  • 100 Day
  • 200 Day
  • 20 Day
  • 509.19
  • 50 Day
  • 494.75
  • 100 Day
  • 200 Day

Tamilnad Mercantile Bank Resistance and Support

PIVOT
₹524.54
Resistance
First Resistance 529.02
Second Resistance 536.94
Third Resistance 541.42
RSI 61.4
MFI 62.64
MACD Single Line 4.88
MACD 5.83
Support
First Resistance 516.62
Second Resistance 512.14
Third Resistance 504.22

Tamilnad Mercantile Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 78,702 4,521,430 57.45
Week 200,019 9,626,934 48.13
1 Month 145,619 7,841,606 53.85
6 Month 70,891 5,111,918 72.11

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 8,171
Sales 6,940
Shares in Float 15.84
No of funds 29
Yield
Book Value 1.39
U/D Vol ratio 0.7
LTDebt / Equity
Alpha 0.02
Beta 0.54

Tamilnad Mercantile Bank

Owner NameSep-22
Insurance Companies 4.8%
Foreign Portfolio Investors 23.16%
Financial Institutions/ Banks
Individual Investors 57.34%
Others 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 Corporate Action

Date Purpose Remarks
2022-10-27 Quarterly Results

Tamilnad Mercantile Bank FAQs

What is Share Price of Tamilnad Mercantile Bank ?

Tamilnad Mercantile Bank share price is ₹522 As on 05 December, 2022 | 17:11

What is the Market Cap of Tamilnad Mercantile Bank ?

The Market Cap of Tamilnad Mercantile Bank is ₹8269.1 Cr As on 05 December, 2022 | 17:11

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

The P/E ratio of Tamilnad Mercantile Bank is As on 05 December, 2022 | 17:11

What is the PB ratio of Tamilnad Mercantile Bank ?

The PB ratio of Tamilnad Mercantile Bank is 1.5 As on 05 December, 2022 | 17:11

Q2FY23