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Tamilnad Mercantile Bank Ltd Share Price History

Tamilnad Mercantile Bank Ltd Share Price History

stocks purchased

₹ 0.4 Cr

Volume Transacted

(Nov 22, 2024)

stocks purchased

8.6 K

Stocks Traded

(Nov 22, 2024)

Last Updated on: Nov 23, 2024

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Tamilnad Mercantile Bank Ltd

BSE

22 Nov, 2024

443.6-2.5 (-0.6%)stock direction

Prev Close

446.1

Open Price

446.4

Bid Price (QTY)

Offer Price (QTY)

Volume

8645

Today's High / Low

448.3 / 441.2

52 WK High / Low

545.0 / 418.5

NSE

22 Nov, 2024

443.65-1.3 (-0.3%)stock direction

Prev Close

444.95

Open Price

446.7

Bid Price (QTY)

Offer Price (QTY)

Volume

96149

Today's High / Low

449.6 / 441.9

52 WK High / Low

545.3 / 418.1

Market Price of Tamilnad Mercantile Bank Ltd

1M

1Y

3Y

5Y

To make informed investment decisions, regularly checking Tamilnad Mercantile Bank Ltd share price can be a beneficial practice. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
22 Nov 2024443.6
21 Nov 2024446.1
19 Nov 2024446.15
18 Nov 2024438.85
14 Nov 2024439.15
13 Nov 2024434.35
12 Nov 2024440.6
11 Nov 2024440.9
08 Nov 2024440.05
07 Nov 2024443.7

Returns Comparison

1W

1M

3M

6M

1Y

3Y

5Y

10Y

Returns Comparison Table

Entity
left1Wright
State Bank of India0.3
Kotak Mahindra Bank Ltd2.3
HDFC Bank Ltd2.4
ICICI Bank Ltd2.0
Axis Bank Ltd1.5
Tamilnad Mercantile Bank Ltd1.1

Last updated time: 23 Nov 15:30 PM

Growth Parameters

Parameter
left2017right
Sales3381
Sales YoY Gr.-
Adj EPS22.22
YoY Gr.-
Adj Net Profit317
BVPS226.23

Key Financial Parameters

Parameter
left2015right
Return on Capital Emp. %9.33
Op. Profit Mgn %0
Net Profit Mgn %12.13
Debt to Equity %9.99

Latest Shareholding

No data available

Promoters Holdings Over Time

No data available

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, name of the Bank was changed to Tamilnad Mercantile Bank Limited', with effect 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.

FAQs for Tamilnad Mercantile Bank Ltd Share Price History

What are the key events that typically impact Tamilnad Mercantile Bank Ltd's share price history?

Key events that impact Tamilnad Mercantile Bank Ltd’s share price history include quarterly earnings releases, product launches, leadership changes, economic policies, and geopolitical developments.

How do stock splits affect Tamilnad Mercantile Bank Ltd's share price history?

Stock splits reduce the nominal price of Tamilnad Mercantile Bank Ltd's shares by increasing the number of outstanding shares, which typically makes the stock more accessible to a broader range of investors. Although the total market value of the company remains unchanged after the split, the split can affect investor perception and liquidity, potentially influencing the share price in the longer term.

How do dividends impact the share price history of Tamilnad Mercantile Bank Ltd?

Dividends can influence Tamilnad Mercantile Bank Ltd's share price history by typically causing a temporary dip on the ex-dividend date, as the stock price often adjusts to reflect the dividend payout. Over time, the impact of dividends on the share price may be offset by the company's overall financial performance and market conditions.

How do corporate announcements affect Tamilnad Mercantile Bank Ltd’s share price history?

Corporate announcements such as mergers, acquisitions, or strategic shifts can lead to significant price changes. Any optimistic development news on Tamilnad Mercantile Bank Ltd generally boosts the company’s share price, whereas negative news can lead to a decline in share price.

How can I use technical analysis to understand Tamilnad Mercantile Bank Ltd’s share price history?

To understand Tamilnad Mercantile Bank Ltd’s share price history using technical analysis, examine charts for patterns such as trends, support, and resistance levels, and apply indicators like moving averages or Relative Strength Index (RSI) to gauge potential future movements. Analyze historical data to identify recurring trends and signals that might suggest how the share price could behave under similar conditions.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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