Tamilnad Mercantile Bank Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 8.8x vs industry 37.5x)
- Regular dividends — yield 1.5%
Concerns
- Trading near 52-week high (₹947)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹712 | ₹11.0L Cr | 13.9 | 1.83 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,423 | ₹10.2L Cr | 18.2 | 2.7 | 15.9 | 7.18 | — |
| SBIN State Bank of India | ₹1,016 | ₹9.4L Cr | 11.2 | 1.51 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹1,061 | ₹6.6L Cr | 32.2 | 5.8 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹415 | ₹5.3L Cr | 8.75 | — | 37.8 | 35.1 | 0 |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹425 | ₹4.2L Cr | 21.1 | 2.33 | 11.4 | 6.98 | — |
| AXISBANK Axis Bank Limited | ₹1,273 | ₹4.0L Cr | 14.3 | 1.79 | 13.1 | 6.24 | — |
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 newsTamilnad 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
Tata Power hits 7 GW operational renewable capacity.
*Tata Power hits 7 GW operational renewable capacity.* The company’s renewable utility portfolio has scaled to **12.3 GW**, with **100 MW** added from a new project commissioned at Kayathar, Tamil Nadu. This boosts its operational renewable capacity beyond **7 GW**. The expansion reinforces its leadership in India’s clean energy transition. 📊 *STOCKS:* TATAPOWER | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Renewables
Karur Vysya Bank opens 16 new branches in one day
*Karur Vysya Bank opens 16 new branches in one day.* The expansion, effective **August 31, 2026**, strengthens presence in **Tamil Nadu, Karnataka, Andhra Pradesh, and Telangana**. Focus areas include rural outreach and SME banking. New branches aim to enhance deposit mobilization and credit growth. 📊 *STOCKS:* $KARURVYSYA | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #BranchExpansion
Swelect commissions 10 MW solar plant in Tamil Nadu
*Swelect commissions 10 MW solar plant in Tamil Nadu.* ESG Green Energy, a subsidiary of SWELECT Energy Systems, has successfully commissioned a **10 MW** solar power plant in Tiruvannamalai District, Tamil Nadu on **24th August 2026**. This expansion enhances the company’s renewable energy footprint and operational capacity in the southern region. The move aligns with India’s growing focus on clean energy infrastructure. 📊 *STOCKS:* SWELECT | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Solar
Craftsman Automation to set up new plant in Hosur
*Craftsman Automation to set up new plant in Hosur*. Craftsman Automation has approved the establishment of a new manufacturing facility in Hosur, Tamil Nadu. The decision was taken during a Board meeting held on July 29, 2026. This expansion is aimed at scaling up production capacity and meeting growing demand. 📊 *STOCKS:* $CRAFTSMAN | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #Capex
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
Tamilnadu Telecommunication Limited issues general updates
*Tamilnadu Telecommunication Limited issues general updates.* No specific financial or operational details were disclosed in the NSE filing. The announcement does not highlight any **major** developments or **quantifiable** impact. It appears to be a routine corporate update. 📊 *STOCKS:* TTL | 🏢 *SECTOR:* Telecom | #LOWIMPACT #GeneralUpdates
TNPL informs exchange of newspaper publication copy
*TNPL informs exchange of newspaper publication copy.* This is a routine disclosure as per regulatory requirements. No financial or operational details were provided in the filing. The move does not indicate any immediate business change. 📊 *STOCKS:* $TNPL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CorporateFiling
Tamilnadu Telecommunication shares see no major update
*Tamilnadu Telecommunication shares see no major update*. The company filed a routine corporate update with the NSE, disclosing no significant developments. Trading in **TTL** remains unaffected with **0% price change** in early session. Investors await concrete announcements. 📊 *STOCKS:* $TTL | 🏢 *SECTOR:* Telecom | #LOWIMPACT #Update