Tamilnad Mercantile Bank Ltd
Tamilnad Mercantile Bank Ltd Share Price Today: Live Updates & Key Insights
Get insights on Tamilnad Mercantile Bank Ltd’s fundamentals, financials, shareholding, peer comparison, corporate actions & performance. Track key metrics, price trends & market sentiment for informed decisions. Explore all data at Motilal Oswal.
Tamilnad Mercantile Bank Ltd Share Price Chart
Tamilnad Mercantile Bank Ltd Fundamentals
Traded Volume: 4,20,555
Market Cap(Cr): 8,079
Avg Traded Price 466.45
1 Year return 16.02%
Upper Circuit 517
Lower Circuit 468
P/E TTM 7.00
P/B Ratio 77.00
Traded Value(Cr) 2145.67
EPS TTM 76.699
Book value 76.699
Dividend 2.00%
Tamilnad Mercantile Bank Ltd Share Price Performance
Shows the percentage change in stock price over different time periods
This section highlights Tamilnad Mercantile Bank Ltd stock price performance across key timeframes, including 1-week, 1-month, 3-month, Year-To-Date (YTD), and 1-year returns. It provides insights into the Tamilnad Mercantile Bank Ltd share price history, short-term movements, long-term trends, and overall investor sentiment
1W +5.59%
1M +18.90%
3M +18.20%
1Y +16.02%
YTD +8.20%
Tamilnad Mercantile Bank Ltd Traded Volume Movement
Shows the trading volume over different time periods
This section highlights Tamilnad Mercantile Bank Ltd daily and average traded volumes, offering insights into investor activity and market liquidity. Higher volumes than average often indicate rising interest, news impact, or shifting market sentiment
Yesterday 1.25L
Day Before Yesterday 1.52L
1W Avg 2.12L
1M Avg 2.00L
3M Avg 1.03L
Tamilnad Mercantile Bank Ltd Technical Details
Tamilnad Mercantile Bank Ltd technical indicators, such as support and resistance levels and pivot points, are calculated based on historical price and volume trends. These metrics help traders anticipate possible price movements and make informed trading decisions.
Support 1 480
Support 2 449
Support 3 431
Pivot Point : 498
Resistance 1 529
Resistance 2 547
Resistance 3 578
Tamilnad Mercantile Bank Ltd Corporate Actions
Tamilnad Mercantile Bank Ltd corporate actions include dividends, bonus issues, stock splits, and key company updates that may affect share price and investor sentiment. This section provides timely details on past and upcoming actions, including ex-date, record date, and payout ratio - helping investors make informed decisions based on Tamilnad Mercantile Bank Ltd’s capital allocation strategies.
All
Ex-Date 01-Aug-2025 Type D Description 11.00/share@110.00% Record Date 01-Aug-2025 Ratio 110.00
Ex-Date 20-Sep-2024 Type D Description 10.00/share@100.00% Record Date 07-Nov-2025 Ratio 100.00
Ex-Date 29-Aug-2023 Type D Description 5.00/share@50.00% Record Date 29-Aug-2023 Ratio 50.00
Dividends
Announcement Date 01-Aug-2025 Ex Dividend Date 01-Aug-2025 Dividend(%) 110
Announcement Date 20-Sep-2024 Ex Dividend Date 20-Sep-2024 Dividend(%) 100
Announcement Date 29-Aug-2023 Ex Dividend Date 29-Aug-2023 Dividend(%) 50
Bonus
No Bonus has been declared by TMB
Splits
No Split has been declared by TMB
Others
Rights No Rights has been declared by TMB
Tamilnad Mercantile Bank Ltd Peer Comparison
Shows key financial metrics for the company and its peers
This section compares Tamilnad Mercantile Bank Ltd with leading peers in the banking sector based on key metrics such as market capitalization, 1-year return, P/E (TTM), and PB ratio. It helps investors evaluate Tamilnad Mercantile Bank Ltd's relative performance and valuation against major competitors.
Stock Name City Union Bank Ltd ₹255.42 (+0.21%) M. Cap (Cr) 189.28 1 Yr Return (%) +42.39% P/E (TTM) 15.66 PB Ratio 2.00
Stock Name Jammu and Kashmir Bank Ltd ₹105.21 (+2.39%) M. Cap (Cr) 115.86 1 Yr Return (%) +3.85% P/E (TTM) 5.54 PB Ratio 0.89
Stock Name South Indian Bank Ltd ₹39.06 (+6.23%) M. Cap (Cr) 102.21 1 Yr Return (%) +60.54% P/E (TTM) 7.53 PB Ratio 1.09
Stock Name Tamilnad Mercantile Bank Ltd ₹510.20 (+3.02%) M. Cap (Cr) 80.79 1 Yr Return (%) +16.02% P/E (TTM) 6.65 PB Ratio 0.90
Stock Name CSB Bank Ltd ₹431.50 (+1.67%) M. Cap (Cr) 74.86 1 Yr Return (%) +38.23% P/E (TTM) 12.05 PB Ratio 1.66
Stock Name Karnataka Bank Ltd ₹180.95 (+1.80%) M. Cap (Cr) 68.42 1 Yr Return (%) -17.26% P/E (TTM) 5.87 PB Ratio 0.57
Stock Name DCB Bank Ltd ₹173.66 (+7.03%) M. Cap (Cr) 55.78 1 Yr Return (%) +42.00% P/E (TTM) 8.33 PB Ratio 1.04
Tamilnad Mercantile Bank Ltd Cash Flow
Cash flow data provides a view of how money is generated and spent by Tamilnad Mercantile Bank Ltd, across its operating activities, investing activities, and financing activities.
PARTICULARS Operating Activities Mar 2025 1898.84 Mar 2024 -610.54 Mar 2023 -1269.80 Mar 2022 1325.01 Mar 2021 -670.36
PARTICULARS Investing Activities Mar 2025 -99.21 Mar 2024 -100.30 Mar 2023 -88.60 Mar 2022 -106.83 Mar 2021 -37.11
PARTICULARS Financing Activities Mar 2025 -959.50 Mar 2024 696.98 Mar 2023 1088.38 Mar 2022 -71.26 Mar 2021 -324.00
PARTICULARS Net Cash Flow Mar 2025 840.12 Mar 2024 -13.86 Mar 2023 -270.02 Mar 2022 1146.93 Mar 2021 -1031.47
Tamilnad Mercantile Bank Ltd Shareholding Pattern
This shows the ownership breakdown of Tamilnad Mercantile Bank Ltd, highlighting participation from Foreign Institutional Investors (FII), Mutual Funds, Public, Other Institutions, and Promoters.
Promoter 0%
Public 92.94%
Other Institutions 2.41%
FII 4.65%
Mutual Funds null%
About Tamilnad Mercantile Bank Ltd
Tamilnad Mercantile Bank Limited was incorporated in the name of `Nadar Bank Limited' on May 11, 1921 at Thoothukudi, Tamil Nadu as a Limited Company under Indian Companies Act, 1913 pursuant to a Certificate of Incorporation issued by the erstwhile Assistant Registrar of Joint Stock, Palamcottah. Subsequently, the name of the Bank was changed to `Tamilnad Mercantile Bank Limited', effective from November 27, 1962, pursuant to a Letter of Approval from the Government of India dated November 14, 1962 and a fresh Certificate of Incorporation dated July 17, 1968 was issued by the Assistant Registrar of Companies, Madras. Presently, the Bank is engaged in providing a wide range of banking & financial services involving retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business.On November 11, 1921, the Bank commenced business at Thoothukudi, in Tamil Nadu. In 1933, it acquired its first property at Beach Road, Thoothukudi, in Tamil Nadu. On May 11, 1935, it was included in the second schedule to the Reserve Bank of India Act, 1934. It was granted the licence to carry on banking business in India by RBI on November 20, 1962. It opened a a rural branch at Vilathikulam, Tamil Nadu in 1968. In 1993, it was registered as Category-1 Merchant Bankers with SEBI and opened first currency chest at Madurai Branch. The Bank was granted licence to deal in foreign exchange in 1999. It launched first ATM, christened as TMB Surabhi, in Chennai in 2004. In 2005, it launched first insurance linked deposit scheme, christened as Siranjeevee Recurring Deposit. It launched SMS banking services and internet banking facilities, christened as TMB E-Connect in 2008. It launched mobile banking facilities in 2012. It signed an agreement for the issuance of PAN cards in 2014. As of June 30, 2021, the Bank had 509 branches, of which 106 branches were in rural, 247 in semi-urban, 80 in urban and 76 in metropolitan centres. It built a strong presence in the state of Tamil Nadu, with 369 branches and 941 automated teller machines (ATMs) and 238 cash recycler machines (CRMs). The Bank offer a wide range of banking and financial services primarily to micro, small and medium enterprises (MSME), agricultural and retail customers, operating in manufacturing, trading and services sector.During 2021-22, the Bank had 509 branches, of which 106 branches were in rural, 247 in semi-urban, 80 in urban and 76 in metropolitan centres. It introduced 9 new ATMs, 22 new CRMs. The Bank's ATM and alternate delivery channel network stood at 1141 ATMs, and 282 CRMs.The Bank had issued by way of Initial Public Offering (IPO). 1,58,40,000 Equity Shares of Rs 10/- each at a premium of Rs 500/- each on 12.09.2022 and as a result of allotment of shares, the Bank's shares got listed in both the exchanges i.e., BSE & NSE effective on 15.09.2022.During the year 2022-23, the Bank added 21 new branches and the branch network of the bank increased to 530 branches. In addition to that, the Bank added 50 new ATMs / CRMs and 12 new e-lobbies. The Bank's ATM and alternate delivery channel network stood at 1,149 ATMs, 324 CRMs, 113 e-lobbies, covering 17 States and 4 Union Territories.Total Business has increased to Rs 89,485 Crore in 2024 from Rs 85,348 Crore in 2023. Total Income has moved to Rs 5,493 Crore from Rs 4,710 Crore in 2023. Net profit has surged to Rs 1,072 Crore in 2024 from Rs 1,029 Crore in 2023. In 2023-24, the Bank added 22 new branches and the branch network of the bank increased to 552 branches. In addition to that, the Bank added 8 new ATMs , 34 CRMs and 7 new e-lobbies. The Bank's ATM and alternate delivery channel network stood at 1157 ATMs, 358 CRMs, 126 e-lobbies, covering 17 States and 4 Union Territories.
Chairman & Independent Directo
BALAKRISHNAN PRABAHARAN
Registered office 57 Victoria Extension Road, null, Thoothukudi, Tamil Nadu, 628002
FAX :91-461-2325136
Background
Incorporation Year 1921
Face Value ₹10.00
Market Lot 1
FAQs on Tamilnad Mercantile Bank Ltd
How to buy Tamilnad Mercantile Bank Ltd shares on NSE?
To buy Tamilnad Mercantile Bank Ltd shares in Motilal Oswal, you just need to open a demat account and get your KYC documents verified.
What is the Tamilnad Mercantile Bank Ltd share price today?
The Tamilnad Mercantile Bank Ltd share price on NSE is ₹510.20 today.
What is the market cap of Tamilnad Mercantile Bank Ltd on NSE?
The company has a market capitalization of ₹8079.09.
What is the PE & PB ratio of Tamilnad Mercantile Bank Ltd?
PE is 7 and PB is 77.
What is the 52 Week High and Low of Tamilnad Mercantile Bank Ltd shares?
Tamilnad Mercantile Bank Ltd stock price high: ₹517 Tamilnad Mercantile Bank Ltd stock price low: ₹401.