T N Merc. Bank

{
  "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": 1,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "861.55",
    "chg": 9.85,
    "chgp": "1.16%",
    "dir": 1,
    "prev_price": "851.70",
    "mcapval": "13,679.00 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": "Aug 03, 03:30 PM",
    "curr_time": "21:30 PM",
    "last_traded_at": "Aug 03, 03:30 PM IST",
    "bse_nse_vol": "2.36 lacs",
    "exc_status": "Active",
    "traded_date": "Aug 03, 2026",
    "traded_date_str": "2026 08 03",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
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  "news": {
    "results": [
      {
        "title": "Tamilnad Mercantile Bank Gains 5.64%: 6 Key Factors Driving the Week’s Momentum",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-gains-564-6-key-factors-driving-the-weeks-momentum-4131365",
        "imagepath": "",
        "date": "2026-08-01 11:04:38",
        "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>27 Jul:</strong> New 52-week high (Rs.878.1) and all-time high reached (Rs.877.75)</p>\n                    <p><strong>27 Jul:</strong> Intraday surge of 8.09% with strong volume and technicals</p>\n                    <p><strong>27 Jul:</strong> Q1 FY27 results show 35% profit surge and asset quality excellence</p>\n                    <p><strong>28 Jul:</strong> Mojo Grade upgraded to Buy following very positive quarterly performance</p>\n                    <p><strong>28 Jul:</strong> Valuation grade shifts from attractive to fair amid strong price gains</p>\n                    <p><strong>31 Jul:</strong> Week closes at Rs.848.15, up 5.64% vs Sensex +2.39%</p>\n                </div..."
      },
      {
        "title": "Are Tamilnad Mercantile Bank Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-tamilnad-mercantile-bank-ltd-latest-results-good-or-bad-4124648",
        "imagepath": "",
        "date": "2026-07-28 19:18:27",
        "description": "Tamilnad Mercantile Bank Ltd's latest financial results for Q1 FY27 indicate a strong operational performance characterized by significant growth across key metrics. The bank reported a net profit of ₹411.51 crores, reflecting a year-on-year increase of 34.97%, while net interest income rose to ₹765.08 crores, marking a 32.01% growth compared to the previous year. This growth is underpinned by a robust expansion in the loan book and improved pricing power, with interest earned reaching a record ₹1,662.43 crores.\n\nThe bank's net interest margin (NIM) also saw an upward trend, expanding to 4.29%, which is the highest in five quarters, demonstrating effective liability management despite a slight moderation in the CASA ratio to 26.16%. Furthermore, the bank achieved its lowest-ever gross non-performing asset (NPA) ratio at 0.69%, alongside a net NPA ratio of just 0.17%, indicating strong asset quality and effe..."
      },
      {
        "title": "Tamilnad Mercantile Bank Ltd: Valuation Shift Signals Changing Price Attractiveness",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-valuation-shift-signals-changing-price-attractiveness-4123240",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/TamilnadMercant_valuationdot_4123240.png",
        "date": "2026-07-28 08:01:34",
        "description": "Tamilnad Mercantile Bank Ltd (T N Merc. Bank) has witnessed a notable shift in its valuation parameters, moving from an attractive to a fair valuation grade. This change reflects evolving market perceptions amid robust price gains and improving fundamentals, prompting investors to reassess the stock’s price attractiveness relative to its historical averages and peer group."
      },
      {
        "title": "Tamilnad Mercantile Bank Ltd Reports Very Positive Quarterly Financial Performance, Upgrades to Buy",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-reports-very-positive-quarterly-financial-performance-upgrades-to-buy-4123105",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/TamilnadMercant_fintrenddot_4123105.png",
        "date": "2026-07-28 08:00:13",
        "description": "Tamilnad Mercantile Bank Ltd has delivered a very positive financial performance in the quarter ended June 2026, marking a significant improvement in key metrics such as revenue growth, margin expansion, and asset quality. The bank’s financial trend score has surged from 18 to 26 over the past three months, reflecting robust operational execution and strong market confidence."
      },
      {
        "title": "Tamilnad Mercantile Bank Q1 FY27: Asset Quality Excellence Drives 35% Profit Surge",
        "link": "https://www.marketsmojo.com/news/result-analysis/tamilnad-mercantile-bank-q1-fy27-asset-quality-excellence-drives-35-profit-surge-4123002",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/TamilnadMercant_quaterlyResult_4123002.png",
        "date": "2026-07-27 20:47:13",
        "description": "Tamilnad Mercantile Bank Ltd. delivered an exceptional first quarter performance for FY2027, with net profit surging 34.97% year-on-year to ₹411.51 crores, marking the bank's highest-ever quarterly profit. The stock responded with remarkable strength, rallying 11.20% on July 27 to close at ₹892.80, just shy of its 52-week high of ₹915.35. With a market capitalisation of ₹13,157 crores, this small-cap private sector bank from Tamil Nadu has emerged as a standout performer in an otherwise lacklustre banking sector."
      },
      {
        "title": "Tamilnad Mercantile Bank Ltd Hits New 52-Week High of Rs 878.1 on Back of Strong Technical Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-hits-new-52-week-high-of-rs8781-4122788",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/TamilnadMercant_priceRelatedfactors_4122788.png",
        "date": "2026-07-27 14:35:51",
        "description": "Surging past its previous peaks, Tamilnad Mercantile Bank Ltd reached a fresh 52-week high of Rs 878.1 on 27 Jul 2026, marking a remarkable 92.06% gain over the past year. This milestone comes amid a backdrop of robust technical momentum and sustained outperformance against the broader market indices."
      },
      {
        "title": "Tamilnad Mercantile Bank Ltd Surges 8.09% to New 52-Week High — Outperforms Sector by 8.65 Percentage Points",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-hits-intraday-high-with-809-surge-on-27-jul-2026-4122787",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/TamilnadMercant_priceRelatedfactors_4122787.png",
        "date": "2026-07-27 14:34:15",
        "description": "The Sensex advanced 1.09% on 27 Jul 2026, yet Tamilnad Mercantile Bank Ltd outpaced the market with an 8.09% gain, reaching a fresh 52-week and all-time high of Rs 877.75. This 8.65 percentage-point outperformance over its sector signals a distinctly stock-specific rally rather than a broad market lift."
      },
      {
        "title": "Tamilnad Mercantile Bank Ltd Hits All-Time High of Rs 834.95 as Momentum Builds Across Timeframes",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-stock-hits-all-time-high-on-27-jul-2026-4122711",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/TamilnadMercant_priceRelatedfactors_4122711.png",
        "date": "2026-07-27 13:48:21",
        "description": "Extending its recent gains, Tamilnad Mercantile Bank Ltd touched an intraday high of Rs 834.95 on 27 Jul 2026, marking a fresh all-time peak just 2.44% shy of its 52-week high of Rs 848. This milestone caps a strong run that has seen the stock outperform the broader sector and benchmark indices over multiple timeframes."
      },
      {
        "title": "Tamilnad Mercantile Bank Ltd Gains 0.52%: Key Drivers Behind Weekly Resilience",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-gains-052-key-drivers-behind-weekly-resilience-4120353",
        "imagepath": "",
        "date": "2026-07-25 11:01:31",
        "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>20 Jul:</strong> Stock opens at Rs.805.95 with a 0.90% gain</p>\n                    <p><strong>21 Jul:</strong> New 52-week high of Rs.848 and all-time high close at Rs.825.20</p>\n                    <p><strong>22 Jul:</strong> Price correction to Rs.810.15 amid broader market decline</p>\n                    <p><strong>23 Jul:</strong> Further dip to Rs.799.60 on continued market weakness</p>\n                    <p><strong>24 Jul:</strong> Recovery to Rs.802.90, closing the week with a positive weekly return</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\">R..."
      }
    ],
    "total": 590,
    "sid": "1003695",
    "stock_news_url": "https://www.marketsmojo.com/news/tamilnad-mercantile-bank-1003695"
  },
  "announcements": "",
  "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>125%</strong> dividend, ex-date: 12 Jun 26",
          "dt": "2026-06-12",
          "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 Gains 5.64%: 6 Key Factors Driving the Week’s Momentum

2026-08-01 11:04:38

Key Events This Week

27 Jul: New 52-week high (Rs.878.1) and all-time high reached (Rs.877.75)

27 Jul: Intraday surge of 8.09% with strong volume and technicals

27 Jul: Q1 FY27 results show 35% profit surge and asset quality excellence

28 Jul: Mojo Grade upgraded to Buy following very positive quarterly performance

28 Jul: Valuation grade shifts from attractive to fair amid strong price gains

31 Jul: Week closes at Rs.848.15, up 5.64% vs Sensex +2.39%

Read full news article

Are Tamilnad Mercantile Bank Ltd latest results good or bad?

2026-07-28 19:18:27

Tamilnad Mercantile Bank Ltd's latest financial results for Q1 FY27 indicate a strong operational performance characterized by significant growth across key metrics. The bank reported a net profit of ₹411.51 crores, reflecting a year-on-year increase of 34.97%, while net interest income rose to ₹765.08 crores, marking a 32.01% growth compared to the previous year. This growth is underpinned by a robust expansion in the loan book and improved pricing power, with interest earned reaching a record ₹1,662.43 crores. The bank's net interest margin (NIM) also saw an upward trend, expanding to 4.29%, which is the highest in five quarters, demonstrating effective liability management despite a slight moderation in the CASA ratio to 26.16%. Furthermore, the bank achieved its lowest-ever gross non-performing asset (NPA) ratio at 0.69%, alongside a net NPA ratio of just 0.17%, indicating strong asset quality and effe...

Read full news article

Tamilnad Mercantile Bank Ltd: Valuation Shift Signals Changing Price Attractiveness

2026-07-28 08:01:34

Tamilnad Mercantile Bank Ltd (T N Merc. Bank) has witnessed a notable shift in its valuation parameters, moving from an attractive to a fair valuation grade. This change reflects evolving market perceptions amid robust price gains and improving fundamentals, prompting investors to reassess the stock’s price attractiveness relative to its historical averages and peer group.

Read full news article

Tamilnad Mercantile Bank Ltd Reports Very Positive Quarterly Financial Performance, Upgrades to Buy

2026-07-28 08:00:13

Tamilnad Mercantile Bank Ltd has delivered a very positive financial performance in the quarter ended June 2026, marking a significant improvement in key metrics such as revenue growth, margin expansion, and asset quality. The bank’s financial trend score has surged from 18 to 26 over the past three months, reflecting robust operational execution and strong market confidence.

Read full news article

Tamilnad Mercantile Bank Q1 FY27: Asset Quality Excellence Drives 35% Profit Surge

2026-07-27 20:47:13

Tamilnad Mercantile Bank Ltd. delivered an exceptional first quarter performance for FY2027, with net profit surging 34.97% year-on-year to ₹411.51 crores, marking the bank's highest-ever quarterly profit. The stock responded with remarkable strength, rallying 11.20% on July 27 to close at ₹892.80, just shy of its 52-week high of ₹915.35. With a market capitalisation of ₹13,157 crores, this small-cap private sector bank from Tamil Nadu has emerged as a standout performer in an otherwise lacklustre banking sector.

Read full news article

Tamilnad Mercantile Bank Ltd Hits New 52-Week High of Rs 878.1 on Back of Strong Technical Signals

2026-07-27 14:35:51

Surging past its previous peaks, Tamilnad Mercantile Bank Ltd reached a fresh 52-week high of Rs 878.1 on 27 Jul 2026, marking a remarkable 92.06% gain over the past year. This milestone comes amid a backdrop of robust technical momentum and sustained outperformance against the broader market indices.

Read full news article

Tamilnad Mercantile Bank Ltd Surges 8.09% to New 52-Week High — Outperforms Sector by 8.65 Percentage Points

2026-07-27 14:34:15

The Sensex advanced 1.09% on 27 Jul 2026, yet Tamilnad Mercantile Bank Ltd outpaced the market with an 8.09% gain, reaching a fresh 52-week and all-time high of Rs 877.75. This 8.65 percentage-point outperformance over its sector signals a distinctly stock-specific rally rather than a broad market lift.

Read full news article

Tamilnad Mercantile Bank Ltd Hits All-Time High of Rs 834.95 as Momentum Builds Across Timeframes

2026-07-27 13:48:21

Extending its recent gains, Tamilnad Mercantile Bank Ltd touched an intraday high of Rs 834.95 on 27 Jul 2026, marking a fresh all-time peak just 2.44% shy of its 52-week high of Rs 848. This milestone caps a strong run that has seen the stock outperform the broader sector and benchmark indices over multiple timeframes.

Read full news article

Tamilnad Mercantile Bank Ltd Gains 0.52%: Key Drivers Behind Weekly Resilience

2026-07-25 11:01:31

Key Events This Week

20 Jul: Stock opens at Rs.805.95 with a 0.90% gain

21 Jul: New 52-week high of Rs.848 and all-time high close at Rs.825.20

22 Jul: Price correction to Rs.810.15 amid broader market decline

23 Jul: Further dip to Rs.799.60 on continued market weakness

24 Jul: Recovery to Rs.802.90, closing the week with a positive weekly return

Week Open

R...

Read full news article

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