09/05/2025

Tamilnad Mercantile Bank Ltd

BSE: 543596 NSE: TMB

About the Company

Incorporated in 1921, Tamilnad Mercantile Bank (TMB) is one of the oldest private sector banks in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs).
Pros
  • Stock is trading at 0.78 times its book value
VS
Cons
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 8.83% over past five years.
  • Contingent liabilities of Rs.6
  • 528 Cr.
  • Company might be capitalizing the interest cost
  • Dividend payout has been low at 12.4% of profits over last 3 years
Stock PE: 5.93
ROCE: 7.49
Market Cap: 7016 Cr.
Book Value: 569
ROE: 14
Face Value: 10
Credit Report: View PDF

TMB - Price Chart


Volume Chart

Technical Indicators
Today's OPEN >= LOW and HIGH=CLOSE No
Is a 7 Days Breakout ? No
3 Days Consecutive Volume Spike: Yes
2 Days Consecutive Price Hike: Yes
Above 20 MA ? Above
Above 50 MA ? Above
Above 100 MA ? Above
Above 200 MA ? Below

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