Tamilnad Mercantile Bank Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 8.8x vs industry 33.1x)
- Regular dividends — yield 1.5%
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹685 | ₹10.7L Cr | 13.3 | 1.75 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,378 | ₹10.0L Cr | 17 | 2.55 | 15.9 | 7.18 | — |
| SBIN State Bank of India | ₹957 | ₹8.8L Cr | 10.5 | 1.42 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹917 | ₹5.8L Cr | 26.4 | 4.63 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹391 | ₹4.8L Cr | 8.03 | 2.8 | 37.8 | 35.1 | 0 |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹440 | ₹4.3L Cr | 20.2 | 2.24 | 11.4 | 6.98 | — |
| AXISBANK Axis Bank Limited | ₹1,220 | ₹3.8L Cr | 12.7 | 1.65 | 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 September 30, 2026
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 Mercantile Bank reports Q2FY26 results
*Tamilnad Mercantile Bank reports Q2FY26 results*. The bank has submitted its financial results for the quarter ended September 30, 2026, to the exchange. Results reflect performance during a period of rising **NIM pressure** and **credit growth of **. Key metrics include **CASA ratio of ** and **GNPA at **. 📊 *STOCKS:* TMB | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #Earnings
Tamilnadu PetroProducts sees spurt in trading volume
*Tamilnadu PetroProducts sees spurt in trading volume* — The NSE has flagged a significant increase in trading volume for Tamilnadu PetroProducts Limited. The exchange sought clarification to safeguard investor interests, and the company has submitted its response. Such volume surges often precede price volatility, warranting caution. 📊 *STOCKS:* $TAMILNADUPETRO | 🏢 *SECTOR:* Energy | #LOWIMPACT #Volume
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
Sapphire Foods hit with ₹516.84 crore GST notice
*Sapphire Foods hit with ₹516.84 crore GST notice* Sapphire Foods India has received a ₹**516.84 crore** GST show cause notice from Tamil Nadu tax authorities. The company intends to contest the notice, citing lack of merit. This development may trigger regulatory scrutiny and impact investor sentiment. 📊 *STOCKS:* $SFI | 🏢 *SECTOR:* Food Services | #HIGHIMPACT #GST
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