Tamilnad Mercantile Bank Share Price

    NSE
    446.65
    +1.05 (0.22%)
    TMB • 04 Jul, 2025 | 03:29 PM
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    Tamilnad Mercantile Bank Stock Performance

    1W Return0.67
    1Y Return-7.17
    Today's Low444.05
    Prev. Close445.60
    Mkt Cap (Cr.)7,056.93
    1M Return-1.46
    3Y Return0.00
    52-Week High513.55
    Open445.00
    PE Ratio5.97
    6M Return-2.45
    Today's High447.7
    52-Week Low401
    Face Value10

    Tamilnad Mercantile Bank Company background

    Founded in: 1921
    Managing director: Salee Sukumaran
    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 parabanking 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 Category1 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 EConnect 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 semiurban, 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 202122, the Bank had 509 branches, of which 106 branches were in rural, 247 in semiurban, 80 in urban and 76 in metropolitan centres. It introduced 9 new ATMs, 22 new CRMs. The Banks 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 Banks shares got listed in both the exchanges i.e., BSE NSE effective on 15.09.2022.During the year 202223, 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 elobbies. The Banks ATM and alternate delivery channel network stood at 1,149 ATMs, 324 CRMs, 113 elobbies, 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 202324, 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 elobbies. The Banks ATM and alternate delivery channel network stood at 1157 ATMs, 358 CRMs, 126 elobbies, covering 17 States and 4 Union Territories.

    As of 04 Jul, 2025, Tamilnad Mercantile Bank share price is ₹445.6. The stock opened at ₹445 and had closed at ₹445.6 the previous day. During today’s trading session, Tamilnad Mercantile Bank share price moved between ₹444.05 and ₹447.70, with an average price for the day of ₹445.88. Over the last 52 weeks, the stock has recorded a low of ₹401.00 and a high of ₹513.55. In terms of performance, Tamilnad Mercantile Bank share price has declined by 2.4% over the past six months and has declined by 7.18% over the last year.

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    Tamilnad Mercantile Bank Fundamental

    Market Cap (in crs)

    7,056.93

    Face Value

    10

    Turnover (in lacs)

    282.11

    Key Metrics

    Qtr Change %
    4.7
    Dividend yield 1yr %
    Below industry Median
    2.2

    Top Mutual Fund Invested in Tamilnad Mercantile Bank

    Foreign Institutions
    4.2%
    Domestic Institutions
    2.7%
    Public
    93.1%
    Foreign Institutions
    4.1%
    Domestic Institutions
    2.7%
    Public
    93.2%
    Foreign Institutions
    4.1%
    Domestic Institutions
    2.6%
    Public
    93.2%
    Foreign Institutions
    3.7%
    Mutual Funds
    0.2%
    Domestic Institutions
    3.1%
    Public
    93.2%
    Foreign Institutions
    3.4%
    Mutual Funds
    0.2%
    Domestic Institutions
    3.2%
    Public
    93.4%
    Foreign Institutions
    3.1%
    Mutual Funds
    0.1%
    Domestic Institutions
    3.7%
    Public
    93.2%

    Tamilnad Mercantile Bank Technical Analysis

    Moving Averages Analysis
    446.65
    Current Price
    Bullish Moving Averages
    6
    Bearish Moving Averages
    10
    5Day EMA
    445.90
    10Day EMA
    445.80
    12Day EMA
    445.90
    20Day EMA
    446.50
    26Day EMA
    446.70
    50Day EMA
    445.10
    100Day EMA
    443.20
    200Day EMA
    447.40
    5Day SMA
    447.00
    10Day SMA
    444.00
    20Day SMA
    447.60
    30Day SMA
    448.80
    50Day SMA
    448.40
    100Day SMA
    435.00
    150Day SMA
    443.00
    200Day SMA
    445.30
    Delivery & Volume

    Delivery & Volume

    PeriodCombined Delivery VolumeNSE+BSE Traded Volume
    Day Rs
    45095 Rs
    69463 Rs
    Week Rs
    41886 Rs
    72903 Rs
    Month Rs
    47504 Rs
    78696 Rs
    445.80
    Pivot
    Resistance
    First Resistance
    447.55
    Second Resistance
    449.45
    Third Resistance
    451.20
    Support
    First Support
    443.90
    Second support
    442.15
    Third Support
    440.25
    Relative Strength Index
    48.39
    Money Flow Index
    38.77
    MACD
    -0.78
    MACD Signal
    -0.78
    Average True Range
    6.92
    Average Directional Index
    20.56
    Rate of Change (21)
    -1.30
    Rate of Change (125)
    -2.48

    Tamilnad Mercantile Bank Latest News

    02 JUL 2025 | Wednesday

    Tamilnad Mercantile Bank Ltd - 543596 - General Updates

    01 JUL 2025 | Tuesday

    Tamilnad Mercantile Bank Ltd - 543596 - Announcement under Regulation 30 (LODR)-Credit Rating

    27 JUN 2025 | Friday

    Tamilnad Mercantile Bank Ltd - 543596 - General Updates

    View More

    Tamilnad Mercantile Bank Share Price FAQs

    Tamilnad Mercantile Bank share price is ₹446.65 in NSE and ₹445 in BSE as on 4/7/2025.

    Tamilnad Mercantile Bank share price in the past 1-year return was -7.16. The Tamilnad Mercantile Bank share hit a 1-year low of Rs. 401 and a 1-year high of Rs. 513.55.

    The market cap of Tamilnad Mercantile Bank is Rs. 7056.93 Cr. as of 4/7/2025.

    The PE ratios of Tamilnad Mercantile Bank is 5.97 as of 4/7/2025.

    The PB ratios of Tamilnad Mercantile Bank is 0.78 as of 4/7/2025

    You can easily buy Tamilnad Mercantile Bank shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

    The 52-week high and low of Tamilnad Mercantile Bank share price is ₹513.55 and ₹401 as of 4/7/2025.

    Please be aware that Tamilnad Mercantile Bank stock prices are subject to continuous fluctuations due to various factors.

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