T N Merc. Bank

Market Cap: Small Cap
Industry: Private Sector Bank
ISIN: INE668A01016
NSEID: TMB
BSEID: 543596
View on NSE | View on BSE

INR

740.00

1.75 (0.24%)

BSENSE

Jun 03, 03:31 PM

BSE+NSE Vol: 2.37 lacs

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  "main_header": {
    "sid": 1003695,
    "name": "T N Merc. Bank",
    "stock_name": "T N Merc. Bank",
    "full_name": "Tamilnad Mercantile Bank Ltd",
    "name_url": "stocks-analysis/t-n-merc-bank",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "740.00",
    "chg": 1.75,
    "chgp": "0.24%",
    "dir": 1,
    "prev_price": "738.25",
    "mcapval": "11,659.00 Cr",
    "mcap": "Small Cap",
    "scripcode": 543596,
    "symbol": "TMB",
    "ind_name": "Private Sector Bank",
    "ind_code": 50,
    "sector_id": 69,
    "indexname": "India SENSEX",
    "isin": "INE668A01016",
    "curr_date": "Jun 03, 03:31 PM",
    "curr_time": "15:36 PM",
    "last_traded_at": "Jun 03, 03:31 PM IST",
    "bse_nse_vol": "2.37 lacs",
    "exc_status": "Active",
    "traded_date": "Jun 03, 2026",
    "traded_date_str": "2026 06 03",
    "score": "",
    "scoreText": "",
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  "news": {
    "results": [
      {
        "title": "Tamilnad Mercantile Bank Ltd Technical Momentum Shifts Signal Bullish Outlook",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-technical-momentum-shifts-signal-bullish-outlook-4033031",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/TamilnadMercant_technicaldot_4033031.png",
        "date": "2026-06-03 08:06:44",
        "description": "Tamilnad Mercantile Bank Ltd has experienced a notable shift in price momentum, moving from a mildly bullish to a bullish technical trend. Despite some mixed signals from monthly indicators, the stock’s recent performance and technical parameters suggest an improving outlook, though investors should weigh these against sector and market benchmarks before making decisions."
      },
      {
        "title": "Tamilnad Mercantile Bank Ltd Surges 7.22% to Day's High of Rs 744.75 — Outperforms Sector by 7.05 Percentage Points",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-hits-intraday-high-with-722-surge-on-1-june-2026-4026731",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/TamilnadMercant_priceRelatedfactors_4026731.png",
        "date": "2026-06-01 14:02:50",
        "description": "The Sensex declined by 0.36% on 01 Jun 2026, while Tamilnad Mercantile Bank Ltd surged 7.22%, marking a remarkable 7.05-percentage-point outperformance over its sector. This sharp single-session gain stands out as a stock-specific event amid a broadly weak market backdrop."
      },
      {
        "title": "Tamilnad Mercantile Bank Ltd is Rated Buy",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/tamilnad-mercantile-bank-ltd-is-rated-buy-4022451",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/TamilnadMercant_mojoScore_4022451.png",
        "date": "2026-05-30 10:10:31",
        "description": "Tamilnad Mercantile Bank Ltd is rated 'Buy' by MarketsMOJO, with this rating last updated on 25 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 30 May 2026, providing investors with the latest insights into its performance and outlook."
      },
      {
        "title": "Tamilnad Mercantile Bank Ltd Technical Momentum Shifts Amid Strong Returns",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-technical-momentum-shifts-amid-strong-returns-4015841",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/TamilnadMercant_technicaldot_4015841.png",
        "date": "2026-05-27 08:05:26",
        "description": "Tamilnad Mercantile Bank Ltd, a small-cap player in the private sector banking space, has witnessed a nuanced shift in its technical momentum despite delivering robust returns over recent periods. The stock’s technical indicators reveal a transition from a bullish to a mildly bullish stance, reflecting a complex interplay of momentum oscillators and moving averages that investors should carefully consider."
      },
      {
        "title": "Tamilnad Mercantile Bank Ltd Technical Momentum Shifts Signal Bullish Outlook",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-technical-momentum-shifts-signal-bullish-outlook-4012775",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/TamilnadMercant_technicaldot_4012775.png",
        "date": "2026-05-26 08:07:15",
        "description": "Tamilnad Mercantile Bank Ltd has demonstrated a notable shift in its technical momentum, upgrading its outlook from mildly bullish to bullish. This change is underpinned by a confluence of positive signals across key technical indicators including MACD, moving averages, and Bollinger Bands, suggesting a strengthening price trend amid a robust return profile relative to the broader market."
      },
      {
        "title": "Tamilnad Mercantile Bank Gains 2.32%: Mixed Technical Signals Shape Weekly Performance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-gains-232-mixed-technical-signals-shape-weekly-performance-4008050",
        "imagepath": "",
        "date": "2026-05-23 11:03:18",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>18 May:</strong> Stock opens at Rs.686.90, gaining 2.93% despite Sensex decline</p>\n                    <p><strong>19 May:</strong> Mojo Grade downgraded to Hold amid mixed technical and valuation signals</p>\n                    <p><strong>20 May:</strong> Stock rebounds with a 1.94% gain, technical momentum shifts to mildly bullish</p>\n                    <p><strong>21-22 May:</strong> Minor declines close the week at Rs.682.85, maintaining outperformance vs Sensex</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.667.35</div></div>\n                    <d..."
      },
      {
        "title": "Tamilnad Mercantile Bank Ltd Downgraded to Hold Amid Mixed Technical and Valuation Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/tamilnad-mercantile-bank-ltd-downgraded-to-hold-amid-mixed-technical-and-valuation-signals-3998433",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/TamilnadMercant_mojoScore_3998433.png",
        "date": "2026-05-19 09:04:56",
        "description": "Tamilnad Mercantile Bank Ltd (T N Merc. Bank), a private sector banking stock, has seen its investment rating downgraded from Buy to Hold as of 18 May 2026. This adjustment primarily reflects a shift in technical indicators, despite the bank’s robust financial performance and attractive valuation metrics. The revised Mojo Score now stands at 64.0, with a Mojo Grade of Hold, signalling a more cautious stance for investors amid mixed signals from market trends."
      },
      {
        "title": "Tamilnad Mercantile Bank Ltd Technical Momentum Shifts Amid Mixed Indicator Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-technical-momentum-shifts-amid-mixed-indicator-signals-3998155",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/TamilnadMercant_technicaldot_3998155.png",
        "date": "2026-05-19 08:07:17",
        "description": "Tamilnad Mercantile Bank Ltd (T N Merc. Bank) has experienced a nuanced shift in its technical momentum, moving from a bullish to a mildly bullish stance as of mid-May 2026. Despite a recent downgrade in its Mojo Grade from Buy to Hold, the private sector bank continues to demonstrate robust price performance relative to the broader market, supported by a complex interplay of technical indicators."
      },
      {
        "title": "Tamilnad Mercantile Bank Ltd Hits Intraday Low Amid Price Pressure on 11 May 2026",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-hits-intraday-low-amid-price-pressure-on-11-may-2026-3985785",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/TamilnadMercant_priceRelatedfactors_3985785.png",
        "date": "2026-05-11 15:16:17",
        "description": "Tamilnad Mercantile Bank Ltd experienced a significant intraday decline on 11 May 2026, touching a low of Rs 680.3, down 6.95% from previous levels. The stock underperformed its sector and broader market indices amid heightened volatility and bearish market sentiment."
      }
    ],
    "total": 547,
    "sid": "1003695",
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  },
  "announcements": [
    {
      "caption": "Announcement Under Regulation 30 (LODR) - Opening Of New Branch",
      "datetime": "28-May-2026",
      "details": "Tamilnad Mercantile Bank Limited has informed the Exchange regarding Opening of New Branch",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Reg.24(A)-Annual Secretarial Compliance",
      "datetime": "25-May-2026",
      "details": "Annual Secretarial Compliance Report for the financial year ended March 31 2026.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation",
      "datetime": "22-May-2026",
      "details": "Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Tamilnad Mercantile Bank Ltd has declared <strong>110%</strong> dividend, ex-date: 01 Aug 25",
          "dt": "2025-08-01",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
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}

News and Views

Tamilnad Mercantile Bank Ltd Technical Momentum Shifts Signal Bullish Outlook

2026-06-03 08:06:44

Tamilnad Mercantile Bank Ltd has experienced a notable shift in price momentum, moving from a mildly bullish to a bullish technical trend. Despite some mixed signals from monthly indicators, the stock’s recent performance and technical parameters suggest an improving outlook, though investors should weigh these against sector and market benchmarks before making decisions.

Read full news article

Tamilnad Mercantile Bank Ltd Surges 7.22% to Day's High of Rs 744.75 — Outperforms Sector by 7.05 Percentage Points

2026-06-01 14:02:50

The Sensex declined by 0.36% on 01 Jun 2026, while Tamilnad Mercantile Bank Ltd surged 7.22%, marking a remarkable 7.05-percentage-point outperformance over its sector. This sharp single-session gain stands out as a stock-specific event amid a broadly weak market backdrop.

Read full news article

Tamilnad Mercantile Bank Ltd is Rated Buy

2026-05-30 10:10:31

Tamilnad Mercantile Bank Ltd is rated 'Buy' by MarketsMOJO, with this rating last updated on 25 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 30 May 2026, providing investors with the latest insights into its performance and outlook.

Read full news article

Tamilnad Mercantile Bank Ltd Technical Momentum Shifts Amid Strong Returns

2026-05-27 08:05:26

Tamilnad Mercantile Bank Ltd, a small-cap player in the private sector banking space, has witnessed a nuanced shift in its technical momentum despite delivering robust returns over recent periods. The stock’s technical indicators reveal a transition from a bullish to a mildly bullish stance, reflecting a complex interplay of momentum oscillators and moving averages that investors should carefully consider.

Read full news article

Tamilnad Mercantile Bank Ltd Technical Momentum Shifts Signal Bullish Outlook

2026-05-26 08:07:15

Tamilnad Mercantile Bank Ltd has demonstrated a notable shift in its technical momentum, upgrading its outlook from mildly bullish to bullish. This change is underpinned by a confluence of positive signals across key technical indicators including MACD, moving averages, and Bollinger Bands, suggesting a strengthening price trend amid a robust return profile relative to the broader market.

Read full news article

Tamilnad Mercantile Bank Gains 2.32%: Mixed Technical Signals Shape Weekly Performance

2026-05-23 11:03:18

Key Events This Week

18 May: Stock opens at Rs.686.90, gaining 2.93% despite Sensex decline

19 May: Mojo Grade downgraded to Hold amid mixed technical and valuation signals

20 May: Stock rebounds with a 1.94% gain, technical momentum shifts to mildly bullish

21-22 May: Minor declines close the week at Rs.682.85, maintaining outperformance vs Sensex

Week Open

Rs.667.35

Read full news article

Tamilnad Mercantile Bank Ltd Downgraded to Hold Amid Mixed Technical and Valuation Signals

2026-05-19 09:04:56

Tamilnad Mercantile Bank Ltd (T N Merc. Bank), a private sector banking stock, has seen its investment rating downgraded from Buy to Hold as of 18 May 2026. This adjustment primarily reflects a shift in technical indicators, despite the bank’s robust financial performance and attractive valuation metrics. The revised Mojo Score now stands at 64.0, with a Mojo Grade of Hold, signalling a more cautious stance for investors amid mixed signals from market trends.

Read full news article

Tamilnad Mercantile Bank Ltd Technical Momentum Shifts Amid Mixed Indicator Signals

2026-05-19 08:07:17

Tamilnad Mercantile Bank Ltd (T N Merc. Bank) has experienced a nuanced shift in its technical momentum, moving from a bullish to a mildly bullish stance as of mid-May 2026. Despite a recent downgrade in its Mojo Grade from Buy to Hold, the private sector bank continues to demonstrate robust price performance relative to the broader market, supported by a complex interplay of technical indicators.

Read full news article

Tamilnad Mercantile Bank Ltd Hits Intraday Low Amid Price Pressure on 11 May 2026

2026-05-11 15:16:17

Tamilnad Mercantile Bank Ltd experienced a significant intraday decline on 11 May 2026, touching a low of Rs 680.3, down 6.95% from previous levels. The stock underperformed its sector and broader market indices amid heightened volatility and bearish market sentiment.