Tamilnad Mercantile Bank Ltd (TMB) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{ "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": "679.40", "chg": -7.5, "chgp": "-1.09%", "dir": -1, "prev_price": "686.90", "mcapval": "10,718.00 Cr", "mcap": "Small Cap", "scripcode": 543596, "symbol": "TMB", "ind_name": "Private Sector Bank", "ind_code": 50, "indexname": "India SENSEX", "isin": "INE668A01016", "curr_date": "May 19", "curr_time": "", "bse_nse_vol": "1.43 lacs", "exc_status": "Active", "traded_date": "May 19, 2026", "traded_date_str": "2026 05 19", "score": "", "scoreText": "", "Live": 0, "market_time": 0, "is_blur": 1, "is_blur_class": "blur-registerF-score-header", "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/t-n-merc-bank-1003695-0&utm_source=Spage_Header_Score", "mojoone": { "ismore": 0 } }, "news": { "results": [ { "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." }, { "title": "Tamilnad Mercantile Bank Ltd is Rated Buy by MarketsMOJO", "link": "https://www.marketsmojo.com/news/stock-recommendation/tamilnad-mercantile-bank-ltd-is-rated-buy-by-marketsmojo-3982801", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/TamilnadMercant_mojoScore_3982801.png", "date": "2026-05-09 10:10:25", "description": "Tamilnad Mercantile Bank Ltd is rated 'Buy' by MarketsMOJO, with this rating last updated on 27 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 09 May 2026, providing investors with the most up-to-date insight into the company’s performance and outlook." }, { "title": "Broad-Based Technical Strength Lifts Tamilnad Mercantile Bank Ltd to 52-Week High of Rs 769.5", "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-hits-new-52-week-high-at-rs7695-3973950", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/TamilnadMercant_priceRelatedfactors_3973950.png", "date": "2026-05-04 10:42:42", "description": "Surging past its previous peaks, Tamilnad Mercantile Bank Ltd touched a fresh 52-week high of Rs 769.5 on 4 May 2026, marking a remarkable 67.74% gain over the past year. This milestone comes amid a backdrop of strong technical momentum and sustained outperformance against the broader market indices." }, { "title": "Tamilnad Mercantile Bank Ltd Gains 15.67%: 5 Key Factors Driving the Rally", "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-gains-1567-5-key-factors-driving-the-rally-3971419", "imagepath": "", "date": "2026-05-02 11:01:39", "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 Apr:</strong> New 52-week and all-time high at Rs.724 and Rs.722.95 respectively</p>\n <p><strong>28 Apr:</strong> Stock surged to Rs.749, upgraded to Buy by MarketsMOJO</p>\n <p><strong>29 Apr:</strong> New 52-week high of Rs.761.8 and all-time high of Rs.761</p>\n <p><strong>30 Apr:</strong> Closed at Rs.740.15, slight dip of 0.73% on the day</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.702.35</div></div>\n <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div c..." }, { "title": "Broad-Based Technical Strength Lifts Tamilnad Mercantile Bank Ltd to 52-Week High of Rs 761.8", "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-hits-new-52-week-high-at-rs7618-3968325", "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/TamilnadMercant_priceRelatedfactors_3968325.png", "date": "2026-04-29 11:36:18", "description": "Surging past its previous peaks, Tamilnad Mercantile Bank Ltd touched a new 52-week high of Rs 761.8 on 29 Jun 2026, marking a remarkable 70.82% gain over the past year. This milestone reflects a powerful momentum driven by a confluence of technical indicators aligning strongly across multiple timeframes." }, { "title": "Tamilnad Mercantile Bank Ltd Hits All-Time High of Rs 761 as Momentum Builds Across Timeframes", "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-stock-hits-all-time-high-on-29-apr-2026-3968316", "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/TamilnadMercant_priceRelatedfactors_3968316.png", "date": "2026-04-29 11:27:31", "description": "Extending its winning streak to three sessions, Tamilnad Mercantile Bank Ltd surged 2.84% on 29 Apr 2026 to close at Rs 761, marking a fresh all-time high. This rally comes amid sustained outperformance against the Sensex and sector peers, reflecting robust momentum across multiple timeframes." }, { "title": "Tamilnad Mercantile Bank Ltd Valuation Shifts Signal Renewed Price Attractiveness", "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-valuation-shifts-signal-renewed-price-attractiveness-3967406", "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/TamilnadMercant_valuationdot_3967406.png", "date": "2026-04-29 08:00:56", "description": "Tamilnad Mercantile Bank Ltd (T N Merc. Bank) has witnessed a notable shift in its valuation parameters, moving from a very attractive to an attractive grade, reflecting evolving market perceptions and underlying fundamentals. With a current price of ₹739.95 and a recent day gain of 5.35%, the private sector bank is drawing investor attention amid strong relative returns compared to the Sensex." } ], "total": 541, "sid": "1003695", "stock_news_url": "https://www.marketsmojo.com/news/tamilnad-mercantile-bank-1003695" }, "announcements": [ { "caption": "Announcement Under Regulation 30 (LODR) - General Updates", "datetime": "14-May-2026", "details": "Tamilnad Mercantile Bank Limited has informed the Exchange regarding rectification order received from the Income Tax Department under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015", "source": "BSE" }, { "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome", "datetime": "09-May-2026", "details": "Tamilnad Mercantile Bank Limited has informed the Exchange about Link of Recording", "source": "BSE" }, { "caption": "Announcement under Regulation 30 (LODR)-Investor Presentation", "datetime": "08-May-2026", "details": "Tamilnad Mercantile Bank Limited has informed the Exchange about Investor Presentation", "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": [] } ] }

Key Events This Week

27 Apr: New 52-week and all-time high at Rs.724 and Rs.722.95 respectively

28 Apr: Stock surged to Rs.749, upgraded to Buy by MarketsMOJO

29 Apr: New 52-week high of Rs.761.8 and all-time high of Rs.761

30 Apr: Closed at Rs.740.15, slight dip of 0.73% on the day

Week Open

Rs.702.35

Week Close

Read full news article

Broad-Based Technical Strength Lifts Tamilnad Mercantile Bank Ltd to 52-Week High of Rs 761.8

2026-04-29 11:36:18

Surging past its previous peaks, Tamilnad Mercantile Bank Ltd touched a new 52-week high of Rs 761.8 on 29 Jun 2026, marking a remarkable 70.82% gain over the past year. This milestone reflects a powerful momentum driven by a confluence of technical indicators aligning strongly across multiple timeframes.

Read full news article

Tamilnad Mercantile Bank Ltd Hits All-Time High of Rs 761 as Momentum Builds Across Timeframes

2026-04-29 11:27:31

Extending its winning streak to three sessions, Tamilnad Mercantile Bank Ltd surged 2.84% on 29 Apr 2026 to close at Rs 761, marking a fresh all-time high. This rally comes amid sustained outperformance against the Sensex and sector peers, reflecting robust momentum across multiple timeframes.

Read full news article

Tamilnad Mercantile Bank Ltd Valuation Shifts Signal Renewed Price Attractiveness

2026-04-29 08:00:56

Tamilnad Mercantile Bank Ltd (T N Merc. Bank) has witnessed a notable shift in its valuation parameters, moving from a very attractive to an attractive grade, reflecting evolving market perceptions and underlying fundamentals. With a current price of ₹739.95 and a recent day gain of 5.35%, the private sector bank is drawing investor attention amid strong relative returns compared to the Sensex.

Read full news article