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Market Capitalization of Tamilnad Mercantile Bank Ltd

Market Capitalization of Tamilnad Mercantile Bank Ltd

stocks purchased

₹ 0.7 Cr

Volume Transacted

(Dec 26, 2024)

stocks purchased

14.1 K

Stocks Traded

(Dec 26, 2024)

Last Updated on: Dec 26, 2024

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Tamilnad Mercantile Bank Ltd

NSE: TMB

Market Cap

₹ 7300 crore

Last updated on: Dec 26, 2024

Key Highlights

  • The Market Cap of Tamilnad Mercantile Bank Ltd is ₹ 7300 crore as of 26 Dec 24 .
  • The Market Cap of Tamilnad Mercantile Bank Ltd changed from ₹ 6466 crore on March 2023 to ₹ 7687 crore on March 2024 . This represents a CAGR of 9.03% over 2 years.
  • The Latest Trading Price of Tamilnad Mercantile Bank Ltd is ₹ 461 as of 26 Dec 15:30 .
  • The Dividend Payouts of Tamilnad Mercantile Bank Ltd changed from ₹ 5 on Feb 24, 2023 to ₹ 10 on Sep 20, 2024 . This represents a CAGR of 25.99% over 3 years.

Historical Market Cap of Tamilnad Mercantile Bank Ltd

No data available

* All values are in crore

Company Fundamentals for Tamilnad Mercantile Bank Ltd

No data available

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Tamilnad Mercantile Bank Ltd

NSE: TMB

Share Price

₹ 461

1.00 (0.22%)

stock direction

Last updated on: Dec 26, 2024

Market Price of Tamilnad Mercantile Bank Ltd

1M

1Y

3Y

5Y

Monitoring Tamilnad Mercantile Bank Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
26 Dec 2024461
24 Dec 2024460
23 Dec 2024460.85
20 Dec 2024467.5
19 Dec 2024469.7
18 Dec 2024479.45
17 Dec 2024480.8
16 Dec 2024481.65
13 Dec 2024483.75
12 Dec 2024491.2

SWOT Analysis Of Tamilnad Mercantile Bank Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Tamilnad Mercantile Bank Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Tamilnad Mercantile Bank Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of Market Cap

Key Valuation Metric of Tamilnad Mercantile Bank Ltd

No data available

No data available

Historical P/E Ratio of Tamilnad Mercantile Bank Ltd

No data available

* All values are in %

Historical Revenue of Tamilnad Mercantile Bank Ltd

No data available

* All values are in crore

Historical EBITDA of Tamilnad Mercantile Bank Ltd

No data available

* All values are in crore

Historical Net Profit of Tamilnad Mercantile Bank Ltd

No data available

* All values are in crore

Historical Dividend Payouts of Tamilnad Mercantile Bank Ltd

No data available

* All values are in

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.

Tamilnad Mercantile Bank Ltd News Hub

News

Tamilnad Mercantile Bank jumps after Q2 PAT climbs 11% YoY to Rs 303 cr

Net interest income (NII) increased by 11.82% year on year (YoY) to Rs 596crore in the qua...

Read more

29 Oct 2024 11:06

News

Tamilnad Mercantile Bank to declare Quarterly Result

Tamilnad Mercantile Bank will hold a meeting of the Board of Directors of the Company on 2...

Read more

09 Oct 2024 10:16

News

Tamilnad Mercantile Bank appoints Director

Shri.Vincent Menachery Devassy, pursuant to the approval of the Reserve Bank of India has ...

Read more

27 Sep 2024 15:51

News

Tamilnad Mercantile Bank appoints director

Tamilnad Mercantile Bank has appointed Vincent Menachery Devassy (DIN: 09850306) as the Wh...

Read more

25 Sep 2024 11:55

News

Tamilnad Mercantile Bank to hold AGM

Tamilnad Mercantile Bank announced that the 102th Annual General Meeting (AGM) of the bank...

Read more

05 Sep 2024 10:08

News

Tamilnad Mercantile Bank appoints director

Tamilnad Mercantile Bank announced the appointment of R.Kanagavalli (DIN - 00883998) as an...

Read more

20 Aug 2024 10:33

Product Composition

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Annual Reports

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Concalls

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FAQs for Tamilnad Mercantile Bank Ltd Market Cap

What is the market cap of Tamilnad Mercantile Bank Ltd?

As of December 26, 2024, Tamilnad Mercantile Bank Ltd has a market capitalization of ₹7300.0, however, this figure is subject to change due to fluctuations in its stock price and market conditions.

What factors influence Tamilnad Mercantile Bank Ltd's market capitalization?

Tamilnad Mercantile Bank Ltd's market capitalization is influenced by factors such as its financial performance, and the company’s ability to innovate and adapt to market trends. Moreover, macroeconomic factors like economic conditions, currency fluctuations, and global automotive industry trends also affect its market capitalization.

Can market capitalization be used to predict future stock performance of Tamilnad Mercantile Bank Ltd?

Market capitalization alone is not a reliable predictor of future stock performance, as it reflects the current value of a company's equity rather than its future potential. To forecast %s's future stock performance, investors should consider additional factors such as financial health, growth prospects, industry trends, and broader economic conditions.

How often does Tamilnad Mercantile Bank Ltd's market capitalization change?

Tamilnad Mercantile Bank Ltd's market capitalization can change frequently, within a single trading day, due to fluctuations in stock price. These changes are influenced by market conditions, investor sentiment, company performance, and broader economic factors. Therefore, tracking its market capitalization requires continuous monitoring of stock price movements and related financial news.
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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