SSelectStock

TMBTamilnad Mercantile Bank Limited

Banking · Banks - Regional · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Tamilnad Mercantile Bank Limited provides banking and financial products and services in India. It operates through the Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers savings, fixed, recurring, term deposit, and current accounts; debit and credit cards; and demat and equity trading accounts, mutual fund, insurance, portfolio management, online bill payment, sovereign gold bond scheme, forex, e-tax payment, e-stamping, SMS alert, POS terminal, and Internet and mobile banking services. It also provides home, car, two wheeler, personal, LAP, pension, gold overdraft, education, jewel, traders and services, MSME, vyapari, GST, commercial vehicles, rice and dhall mill, Mahalir, doctor, genset, pharma and healthcare, green energy, smart business, and agricultural loans, as well as loans against sovereign gold bonds and secured overdraft facilities; NRI products; and microenterprise and pharma finance. The company was formerly known as The Nadar Bank Ltd. and changed its name to Tamilnad Mercantile Bank Limited in November 1962. Tamilnad Mercantile Bank Limited was incorporated in 1921 and is headquartered in Thoothukudi, India.

910.90
1.38%
75Strong

Mkt Cap
₹14,403 Cr
P/E
10.0
P/B
1.5
Div Yield
2.67%
52W High
₹954.20
52W Low
₹413.16

Price & Volume

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Key Ratios

Market Cap (₹ cr)14,402.60
P/E9.98
P/B1.46
PEG0.35
ROE %13.99
ROCE %
Debt / Equity0.07
EPS91.24
Revenue Growth %23.50
Profit Growth %28.00
Dividend Yield %2.67
Promoter Holding %29.31
FII Holding %4.05
DII Holding %
Beta0.43

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

BUYConviction 86%

Why buy

  • Revenue growth: 23.5% YoY
  • Profit growth: 28.0% YoY
  • Debt/Equity: 0.07
  • RSI: 56
  • Price vs EMA21: above
  • Price vs SMA50: above
  • Pullback to 21-EMA signal (setup quality 80%)

Bull case

  • Revenue growth: 23.5% YoY
  • Profit growth: 28.0% YoY
  • Debt/Equity: 0.07
  • RSI: 56

Bear case

  • Promoter holding: 29.3%
  • MACD: bearish
  • Volume: 0.5x 20-day average
  • Volume trend: 0.5x baseline

Key risks

  • Promoter holding: 29.3%
  • MACD: bearish

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹910.90
Stop Loss
₹850.07
risk 6.7%
Target 1 (1.5R)
₹1,002.15
+10.0%
Target 2 (3R)
₹1,093.39
+20.0%
Support (20d)
₹823.60
Resistance (52w)
₹954.20
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹60.83/share
ATR (volatility)
₹24.33
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹24.33). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental81
Technical68
Momentum80
Risk (safety)72

Peers — Banking

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