HomeInsightsHistory

Tamilnad Mercantile Bank Ltd Share Price History

Tamilnad Mercantile Bank Ltd Share Price History

stocks purchased

₹ 0.5 Cr

Volume Transacted

(Dec 12, 2024)

stocks purchased

9.6 K

Stocks Traded

(Dec 12, 2024)

Last Updated on: Dec 12, 2024

Image

Tamilnad Mercantile Bank Ltd

BSE

12 Dec, 2024

491.2-7.7 (-1.5%)stock direction

Prev Close

498.85

Open Price

497.1

Bid Price (QTY)

Offer Price (QTY)

Volume

9614

Today's High / Low

498.9 / 486.5

52 WK High / Low

545.0 / 418.5

NSE

12 Dec, 2024

490.25-8.6 (-1.7%)stock direction

Prev Close

498.8

Open Price

501

Bid Price (QTY)

Offer Price (QTY)

Volume

117806

Today's High / Low

501.0 / 487.0

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
11 Dec 2024498.85
10 Dec 2024501.05
09 Dec 2024497.15
06 Dec 2024488.45
05 Dec 2024502.55
04 Dec 2024494.15
03 Dec 2024488.65
02 Dec 2024476.2
29 Nov 2024473.55
28 Nov 2024472.85

Returns Comparison

1W

1M

3M

6M

1Y

3Y

5Y

10Y

Returns Comparison Table

Entity
left1Wright
State Bank of India0.2
Kotak Mahindra Bank Ltd2.1
HDFC Bank Ltd0.2
ICICI Bank Ltd1.0
Axis Bank Ltd-1.0
Tamilnad Mercantile Bank Ltd1.0

Last updated time: 12 Dec 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.
up arrow
Open Demat Account
Verify your phone
+91
*By signing up you agree to our terms & conditions