Tamilnad Mercantile Bank Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Attractively valued vs sector (P/E 8.8x vs industry 35.4x)
- ✓Regular dividends — yield 1.5%
Concerns
- ✗Trading near 52-week high (₹770)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹754 | ₹12.6L Cr | 16 | 1.93 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,440 | ₹10.4L Cr | 18.5 | 2.73 | 17.3 | 7.59 | — |
| SBIN State Bank of India | ₹1,025 | ₹9.6L Cr | 11.6 | 1.59 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹1,056 | ₹6.6L Cr | 34.2 | 5.77 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹424 | ₹5.5L Cr | 9.54 | 3.03 | 37.8 | 35.1 | 0 |
| AXISBANK Axis Bank Limited | ₹1,234 | ₹4.1L Cr | 14.9 | 1.73 | 13.1 | 6.24 | — |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹382 | ₹3.9L Cr | 19.4 | 2.1 | 11.4 | 6.98 | — |
Showing 7 peers in the same sector · Sorted by market cap
Corporate Events
To consider and approve the un-audited financial results for the period ended June 30, 2026
Dividend - Rs 12.50 Per Share
Dividend - Rs 11 Per Share
Annual General Meeting/Dividend - Rs 10 Per Share
Annual General Meeting/Dividend - Rs 5 Per Share
Latest News
All news →Tamilnad combustible surge triggers NSE scrutiny
*Tamilnadu PetroProducts Limited sees spurt in trading volume.* The NSE has flagged unusual activity, seeking updated disclosures to protect investor interests. **Volume spike** prompted exchange inquiry under surveillance norms. Company has responded with required information. 📊 *STOCKS:* TAMNADUPETRO | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #VolumeSurge
Tamil Nadu gas leak probe reveals forged documents, minor recruitment
*Tamil Nadu gas leak probe reveals forged documents, minor recruitment.* Authorities investigating the incident found evidence of **3 minor workers** employed illegally and **forged safety certifications**. The company may face severe penalties and operational shutdowns. Regulatory scrutiny is expected to intensify across industrial zones in the state. 📊 *STOCKS:* | 🏢 *SECTOR:* Risk | #HIGHIMPACT #Legal
Vikram Solar rolls out first module from Tamil Nadu mega facility
*Vikram Solar rolls out first module from Tamil Nadu mega facility* — marking a key milestone in its expansion. The new facility strengthens its solar module manufacturing capacity, aligning with India’s renewable energy goals. Output from the Tamil Nadu plant is expected to ramp up gradually. **First module rollout signals operational progress**. 📊 *STOCKS:* VIKRAM | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #solar
Tamilnad Mercantile Bank revises MCLR rates
Tamilnad Mercantile Bank has revised its Marginal Cost of Funds Based Lending Rate (MCLR). The changes will impact loan pricing and margin dynamics. *Tamilnad Mercantile Bank revises MCLR rates*. 📊 *STOCKS:* TMB | 🏢 *SECTOR:* Banking | #LOWIMPACT #MCLR
Bannari Amman Sugars wins supply order from Erode District Collector
*Bannari Amman Sugars wins supply order from Erode District Collector*. The company has received an order from the District Collector, Erode District, Tamil Nadu. While the order value isn't disclosed, it indicates government-level demand. This may lead to a modest uptick in near-term revenues. 📊 *STOCKS:* BAS | 🏢 *SECTOR:* Sugar | #LOWIMPACT #Order
TNPL announces newspaper publication for regulatory compliance
*TNPL announces newspaper publication for regulatory compliance*. Tamil Nadu Newsprint & Papers Limited has informed the exchange about a copy of newspaper publication, likely for statutory disclosure. This is a routine corporate filing with no immediate financial implications. Such updates are standard under regulatory compliance norms. 📊 *STOCKS:* TNPL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #regulatory
NLC India, IOCL to jointly develop renewable projects in Tamil Nadu
*NLC India and Indian Oil sign MoU for large-scale renewable energy projects in Tamil Nadu.* The collaboration aims to leverage both companies’ strengths in clean energy development. The project marks a strategic step toward India’s renewable targets. Specific investment figures and capacity remain undisclosed. 📊 *STOCKS:* NLCINDIA, IOC | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Renewables
Tata's iPhone parts plant in Hosur faces shutdown over pollution
*Tata's iPhone parts plant in Hosur faces shutdown over pollution* due to alleged illegal wastewater discharge, according to a Mint report. Tamil Nadu Pollution Control Board is taking action, which may disrupt operations. The plant, part of **Tata Electronics**, is a key player in India’s electronics manufacturing push. Financial impact and production halt duration remain unclear. 📊 *STOCKS:* TATAPOWER | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #Manufacturing
Tata's iPhone plant faces shutdown over pollution claims
*Tata's iPhone plant in Tamil Nadu faces shutdown threat due to alleged groundwater contamination.* **No official closure yet**, but regulatory scrutiny is rising. The issue could delay production and attract penalties. Environmental compliance risks may affect investor sentiment. 📊 *STOCKS:* TATAELXSI | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #Tata
Tata's iPhone plant in TN faces shutdown over water claims
*Tata's iPhone plant in Tamil Nadu faces shutdown threat due to alleged groundwater contamination.* Local authorities have raised concerns over environmental violations, prompting investigations. While Tata has not commented yet, any production halt could disrupt supply chain operations. 📊 *STOCKS:* | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #Tata