Last Update Time:
18-Mar-2025 16:00:00
ISIN:
INE668A01016
Sector:
Financial Services
Symbol:
TMB
Tamilnad Mercantile Bank Limited
₹412.95
₹6.05
(1.49%)
▲
Prev. Close
₹406.90
Open
₹409.50
Close
₹413.20
Range
₹392.30 - ₹433.60
High
₹414.90
Low
₹407.95
Ind. Close
₹0.00
VWAP
₹412.37
The current stock price of Tamilnad Mercantile Bank Limited is ₹412.95, with a target price range between ₹392.30 and ₹433.60. The stock has experienced a price change of ₹6.05 (1.49%), reflecting recent market volatility.
Today's opening price was ₹409.50, while the previous close stood at ₹406.90.
The market trend suggests an uptrend, making it an attractive investment opportunity for traders seeking short-term gains.
For real-time stock market updates, live share prices, and stock analysis, stay tuned. Understanding key stock metrics like VWAP, high-low range, and market momentum can help traders make informed investment decisions.
Tamilnad Mercantile Bank Limited Price Chart
Tamilnad Mercantile Bank Limited Pre Open Market Overview: 18-Mar-2025
Key Metrics:
- IEP (Indicative Equilibrium Price): 409.5
- Previous Close Price: 406.9
- Change: 2.60%
- Total Traded Volume: 302
- Total Buy Quantity: 8,772
- Total Sell Quantity: 5,491
| Price | Buy Qty | Sell Qty |
|---|---|---|
| 406.80 | 1.00 | 0.00 |
| 406.90 | 254.00 | 0.00 |
| 407.00 | 41.00 | 0.00 |
| 409.00 | 100.00 | 0.00 |
| 409.50 | 10.00 | 0.00 |
| 409.95 | 0.00 | 170.00 |
| 410.95 | 0.00 | 12.00 |
| 416.90 | 0.00 | 10.00 |
| 417.45 | 0.00 | 18.00 |
| 418.00 | 0.00 | 100.00 |
ATO Data:
- Buy Quantity (ATO): 0
- Sell Quantity (ATO): 0
Order Book
| Bid | Qty | Ask | Qty |
|---|---|---|---|
| 0.00 | 0 | 0.00 | 0 |
| 0.00 | 0 | 0.00 | 0 |
| 0.00 | 0 | 0.00 | 0 |
| 0.00 | 0 | 0.00 | 0 |
| 0.00 | 0 | 0.00 | 0 |
Total Buy Quantity: 8772
Total Sell Quantity: 5491
Shareholding Patterns of Tamilnad Mercantile Bank Limited
Key Trade Statistics of Tamilnad Mercantile Bank Limited
| Trade Information | Details |
|---|---|
| Traded Volume (Lakhs) | 0.41 |
| Traded Value (₹ Cr.) | 1.70 |
| Total Market Cap (₹ Cr.) | 6,539.12 |
| Free Float Market Cap (₹ Cr.) | 4,795.62 |
| Impact cost | 0.08 |
| Quantity Traded | 41,217.00 |
| Deliverable Quantity | 23,419.00 |
| % of Quantity to Traded | 56.82 |
| Security VaR | 8.14 |
| Index VaR | N/A |
| VaR Margin | 9 |
| Extreme Loss Rate | 3.5 |
| Adhoc Margin | N/A |
| Applicable Margin Rate | 12.5 |
| Face Value | 10 |
Key Price Statistics of Tamilnad Mercantile Bank Limited
The 52-week high for Tamilnad Mercantile Bank Limited was ₹513.55, recorded on 09-Dec-2024. On the other hand, the 52-week low stands at ₹403.70, with the lowest value recorded on 03-Mar-2025.
The upper band for trading is ₹488.25, and the lower band is ₹325.55. The price band is 20%.
The stock's daily volatility stands at 1.30, while the annualized volatility is 24.84. The tick size for trading is ₹0.05.
| Price Information | Details |
|---|---|
| 52 Week High (09-Dec-2024) | 513.55 |
| 52 Week Low (03-Mar-2025) | 403.70 |
| Upper Band | 488.25 |
| Lower Band | 325.55 |
| Price Band (%) | 20 |
| Daily Volatility | 1.30 |
| Annualised Volatility | 24.84 |
| Tick Size | 0.05 |
Key Securities Statistics of Tamilnad Mercantile Bank Limited
| Securities Information | Details |
|---|---|
| Status | Listed |
| Trading Status | Active |
| Date of Listing | 15-Sep-2022 |
| Adjusted P/E | 5.63 |
| Symbol P/E | 5.63 |
| Index | NA |
| Macro-Economic Sector | Financial Services |
| Sector | Financial Services |
| Industry | Banks |
| Basic Industry | Private Sector Bank |
Security Status of Tamilnad Mercantile Bank Limited
| Title | Details |
|---|---|
| Board Status | Main |
| Trading Segment | Normal Market |
| Session No. | - |
| Class of Shares | Equity |
| SDD Compliance | - |
| Name of Compliance Officer | - |
Announcements of Tamilnad Mercantile Bank Limited
| Subject | Date |
|---|---|
| Shareholders meeting | 14-Mar-2025 |
| General Updates | 11-Mar-2025 |
| Action(s) taken or orders passed | 11-Mar-2025 |
| Analysts/Institutional Investor Meet/Con. Call Updates | 10-Mar-2025 |
| Analysts/Institutional Investor Meet/Con. Call Updates | 07-Mar-2025 |
| General Updates | 06-Mar-2025 |
| Loss/Duplicate-Share Certificate-XBRL | 06-Mar-2025 |
| Loss of Share Certificates | 06-Mar-2025 |
Corporate Actions of Tamilnad Mercantile Bank Limited
| Face Value | Purpose | Ex-Date |
|---|---|---|
| 10 | Annual General Meeting/Dividend - Rs 10 Per Share | 20-Sep-2024 |
| 10 | Annual General Meeting/Dividend - Rs 5 Per Share | 29-Aug-2023 |
| 10 | Interim Dividend - Rs 5 Per Share | 24-Feb-2023 |
Board Meetings of Tamilnad Mercantile Bank Limited
Financial Results of Tamilnad Mercantile Bank Limited
Company Directory of Tamilnad Mercantile Bank Limited
| Web Address | Office | Address | City |
|---|---|---|---|
| N/A | Head Office/ Corporate Office | No. 57 VICTORIA EXTENSION ROAD THOOTHUKUDI |
TUTICORIN |
| N/A | Registered Office | No. 57 VICTORIA EXTENSION ROAD THOOTHUKUDI |
TUTICORIN |
| N/A | Transfer Agent | C-101 1st Floor, 247, Lal Bahadur Shastri Marg Vikhroli (West) |
MUMBAI |
Insider Trading of Tamilnad Mercantile Bank Limited
| Reg. Clause | Acq./Disp. | Sec. Value | Txn Type |
|---|---|---|---|
| 7(2) | A SHIMARNA | 93170000 | Sell |
| 7(2) | Asok Sparklers Factory | 1105980 | Buy |
| 7(2) | Nithisha.V | 1053960 | Buy |
| 7(2) | Nithisha.V | 1098000 | Buy |
| 7(2) | Asok Sparklers Factory | 1094000 | Buy |
| 7(2) | Nithisha.V | 1087400 | Buy |
| 7(2) | Asok Sparklers Factory | 1088000 | Buy |
| 7(2) | P.C.G.Asok Kumar | 1001267 | Buy |
| 7(2) | G.A.Vignesh | 1604551 | Buy |
| 7(2) | A.Radhika | 966068 | Buy |
| 7(2) | A.Radhika | 1703769 | Buy |
| 7(2) | P.C.G.Asok Kumar | 2547998 | Buy |
| 7(2) | P.C.G.Asok Kumar | 4297954 | Buy |
| 7(2) | P.C.G.Asok Kumar | 1291350 | Buy |
| 7(2) | A.Radhika | 1272091 | Buy |
| 7(2) | G.A.Vignesh | 1030796 | Buy |
| 7(2) | P.C.G.Asok Kumar | 1441085 | Buy |
| 7(2) | A.Radhika | 2604915 | Buy |
| 7(2) | P.C.G.Asok Kumar | 1146544 | Buy |
| 7(2) | G.A.Vignesh | 2714249 | Buy |
Annual Reports of Tamilnad Mercantile Bank Limited
| Company | From Year | To Year | Att. |
|---|---|---|---|
| Tamilnad Mercantile Bank Limited | 2023 | 2024 | |
| Tamilnad Mercantile Bank Limited | 2022 | 2023 |
Investor Complaints of Tamilnad Mercantile Bank Limited
Event Calendar of Tamilnad Mercantile Bank Limited
| Purpose | Details |
|---|---|
| Financial results | Tamilnad Mercantile Bank Limited has informed the Exchange about Board Meeting to be held on 27-Oct-2022 to consider financial statements for the period ended September 2022 |
| Financial Results | To consider and approve the financial results for the quarter and nine months ended December 31, 2022 |
| Dividend | To consider and recommend the interim dividend for the financial year 2022-23 |
| Financial Results/Dividend | To consider and approve the Audited Financial Results for the quarter and year ended March 31, 2023 and to recommend final dividend, if any |
| Financial Results | To consider and approve the Unaudited financial results for the quarter ended Jun 30, 2023 |
| Financial Results | To consider and approve the Unaudited Financial Results for the quarter and half year ended September 30, 2023 |
| Financial Results | To consider and approve the Unaudited Financial Results for the quarter and nine months ended December 31, 2023 |
| Financial Results/Dividend | To consider and approve the audited financial results for the quarter and year ended March 31, 2024 and to recommend final dividend, if any |
| Financial Results | To consider and approve the Un-audited Financial Results for the quarter ended June 30, 2024 |
| Financial Results | To consider and approve the Un-audited Financial Results of the Bank for the quarter and half year ended September 30, 2024 |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2024 |
Share Transfers of Tamilnad Mercantile Bank Limited
| Company | Period | Reg.7 | Reg.40 |
|---|---|---|---|
| Tamilnad Mercantile Bank Limited | 31-MAR-2024 | ||
| Tamilnad Mercantile Bank Limited | 31-MAR-2023 |
Voting Results of Tamilnad Mercantile Bank Limited
| Date of Mtg. | Mtg. Type | Resolution |
|---|---|---|
| 12-MAR-2025 | Postal Ballot | Approval and adoption of Tamilnad Mercantile Bank Limited Employee Stock Option Plan 2024 [TMB ESOP 2024] |
| 12-MAR-2025 | Postal Ballot | Extension of the benefits under the Tamilnad Mercantile Bank Limited Employee Stock Option Plan 2024 [TMB ESOP 2024] to the Eligible Employees of its subsidiary companies, associate companies and group companies of Tamilnad Mercantile Bank Limited |
| 23-DEC-2024 | Postal Ballot | Appointment of Shri.Vincent Menachery Devassy (DIN: 09850306) as the WholenTime Director (Executive Director) of the Bank and approval of his remuneration |
| 27-SEP-2024 | AGM | To receive, consider and adopt the Audited financial statements of the Bank for the year ended March 31, 2024 together with the Reports of the Board of Directors along with its annexures and the Auditors Report thereon |
| 27-SEP-2024 | AGM | To appoint Smt.R.Kanagavalli (DIN:00883998) as an Independent Director of the Bank |
| 27-SEP-2024 | AGM | To appoint Shri.R.Deepak Shankar (DIN:05223027) as an Independent Director of the Bank |
| 27-SEP-2024 | AGM | To appoint Shri.K.V.Rama Moorthy (DIN:07034994) as a Non-Executive Director of the Bank |
| 27-SEP-2024 | AGM | Appointment of Shri.Salee Sukumaran Nair (DIN:09231101) as Managing Director and Chief Executive Officer of the Bank and approval of Remuneration |
| 27-SEP-2024 | AGM | To authorize the Board of Directors to appoint various statutory branch auditors to audit the accounts of the branches of the bank for the financial year 2024-25 and fix their remuneration in consultation with Joint Statutory Central Auditors |
| 27-SEP-2024 | AGM | To appoint M/s. Sundaram & Srinivasan, Chartered Accountants, Chennai (Firm Registration No. 004207S) and M/s. Chandran & Raman, Chartered Accountants, Chennai (Firm Registration No. 000571S) as Joint Statutory Central Auditors of the Bank for the financial year 2024-25 i.e., from the conclusion of this 102nd Annual General Meeting until the conclusion of 103rd Annual General Meeting of the Bank, for a total remuneration of ￂ24,00,000/- each and reimbursement of other out of pocket expenses |
| 27-SEP-2024 | AGM | To approve and declare the final dividend of ￂ10/- per equity share having face value of ￂ10/- each (i.e. 100% of face value) for the financial year ended March 31, 2024 |
| 27-SEP-2024 | AGM | To re-appoint Shri.S.R.Ashok (DIN:07933713) as a Non-Executive Director who retires by rotation and being eligible, offers himself for re-appointment |
| 04-APR-2024 | Postal Ballot | Alteration of Articles of Association of the Bank |
| 04-APR-2024 | Postal Ballot | Appointment of Thiru.S.Sridharan (DIN:07205781) as an Independent Director of the Bank |
| 05-SEP-2023 | AGM | To receive, consider and adopt the Audited financial statements of the Bank for the year ended March 31, 2023 together with the Reports of the Board of Directors along with its annexures and the Auditors Report thereon |
| 05-SEP-2023 | AGM | To authorize the Board of Directors to appoint various statutory branch auditors to audit the accounts of the branches of the bank for the financial year ending March 31, 2024 and fix their remuneration in consultation with Joint Statutory Central Auditors. |
| 05-SEP-2023 | AGM | The re-appointment M/s. Suri & Co, Chartered Accountants, Chennai (Firm Registration No. 004283S) and M/s.Abarna & Ananthan, Chartered Accountants, Bangalore (Firm Registration No. 000003S) as the Joint Statutory Central Auditors of the Bank for the financial year ending March 31, 2024, a total remuneration of ￂ21,50,000/- each and reimbursement of other out of pocket expenses. |
| 05-SEP-2023 | AGM | To declare the final dividend of Rs.5/- per equity share having face value of Rs.10/- each (i.e. 50 % of face value) for the financial year ended March 31, 2023 |
| 05-SEP-2023 | AGM | To re-appoint Shri.D. N. Nirranjan Kani (DIN: 00455352), a director who retires by rotation, and being eligible, offers himself for re-appointment. |
| 05-SEP-2023 | AGM | To re-appoint Shri. P.C.G. Asok Kumar (DIN: 05142860), a director who retires by rotation, and being eligible, offers himself for re-appointment |
FAQs on Tamilnad Mercantile Bank Limited
Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Please do your own research and consult with a financial professional before making any investment decisions.