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": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "782.10",
    "chg": 0.6,
    "chgp": "0.08%",
    "dir": 1,
    "prev_price": "781.50",
    "mcapval": "12,442.00 Cr",
    "mcap": "Small Cap",
    "scripcode": 543596,
    "symbol": "TMB",
    "ind_name": "Private Sector Bank",
    "ind_code": 50,
    "indexname": "India SENSEX",
    "isin": "INE668A01016",
    "curr_date": "Jun 18",
    "curr_time": "",
    "bse_nse_vol": "1.62 lacs",
    "exc_status": "Active",
    "traded_date": "Jun 18, 2026",
    "traded_date_str": "2026 06 18",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
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    "is_blur_class": "blur-register-score-header",
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    "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 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 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."
      },
      {
        "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-3967139",
        "imagepath": "",
        "date": "2026-04-28 19:15:16",
        "description": "Tamilnad Mercantile Bank Ltd's latest financial results for Q4 FY26 demonstrate a robust performance across several key metrics. The bank reported a net profit of ₹373.65 crores, reflecting a year-on-year growth of 28.01% and a quarter-on-quarter increase of 9.41%. This growth was supported by a strong net interest income (NII) of ₹704.45 crores, which also saw a significant year-on-year increase of 24.04% and a sequential rise of 9.02%. The net interest margin improved to 4.18%, up from 3.91% in the same quarter last year, indicating effective asset-liability management.\n\nThe bank's asset quality remains strong, with a gross NPA ratio of 0.73%, which is considered best-in-class within the sector. The provision coverage ratio improved to 96.14%, reflecting conservative provisioning practices and confidence in asset quality. However, it is noteworthy that non-operating income constituted 48.01% of profit bef..."
      },
      {
        "title": "Tamilnad Mercantile Bank Ltd Surges 7.45% to Day's High of Rs 759.8 — Outperforms Sector by 7.54 Percentage Points",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-hits-intraday-high-with-745-surge-on-28-apr-2026-3966629",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/TamilnadMercant_priceRelatedfactors_3966629.png",
        "date": "2026-04-28 11:16:06",
        "description": "The Sensex inched up 0.08% after a volatile session, but Tamilnad Mercantile Bank Ltd surged 7.45% on 28 Apr 2026, hitting a new 52-week and all-time high of Rs 759.8. This 7.54 percentage-point outperformance over its sector underscores a distinctly stock-specific rally rather than a broad market move."
      },
      {
        "title": "Broad-Based Technical Strength Lifts Tamilnad Mercantile Bank Ltd to 52-Week High of Rs 749",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tamilnad-mercantile-bank-ltd-hits-new-52-week-high-at-rs749-3966143",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/TamilnadMercant_priceRelatedfactors_3966143.png",
        "date": "2026-04-28 09:47:47",
        "description": "Surging to an all-time high of Rs 749 on 28 Apr 2026, Tamilnad Mercantile Bank Ltd has demonstrated remarkable price momentum, outperforming its sector and the broader market with a 64.42% return over the past year against the Sensex’s decline of 3.53%."
      }
    ],
    "total": 15,
    "sid": "1003695",
    "stock_news_url": "https://marketsmojo.motilaloswal.com/news/tamilnad-mercantile-bank-1003695"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Credit Rating",
      "datetime": "11-Jun-2026",
      "details": "Tamilnad Mercantile Bank Limited has informed the Exchange about Credit Rating",
      "source": "BSE"
    },
    {
      "caption": "Announcement Under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "09-Jun-2026",
      "details": "Tamilnad Mercantile Bank Limited has informed the Exchange about Copy of Newspaper Publication for the launch of second 100 Days Campaign Saksham Niveshak and opening of another Special Window for Re-lodgement of Transfer Requests of Physical Shares",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "08-Jun-2026",
      "details": "Tamilnad Mercantile Bank Limited has informed the Exchange about Copy of Newspaper Publication regarding 104th Annual General Meeting of the Bank Book Closure dates and other related matter",
      "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>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": []
    }
  ]
}

News and Views

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.

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.

Tamilnad Mercantile Bank Ltd is Rated Buy by MarketsMOJO

2026-05-09 10:10:25

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.

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.

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.

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.

Are Tamilnad Mercantile Bank Ltd latest results good or bad?

2026-04-28 19:15:16

Tamilnad Mercantile Bank Ltd's latest financial results for Q4 FY26 demonstrate a robust performance across several key metrics. The bank reported a net profit of ₹373.65 crores, reflecting a year-on-year growth of 28.01% and a quarter-on-quarter increase of 9.41%. This growth was supported by a strong net interest income (NII) of ₹704.45 crores, which also saw a significant year-on-year increase of 24.04% and a sequential rise of 9.02%. The net interest margin improved to 4.18%, up from 3.91% in the same quarter last year, indicating effective asset-liability management. The bank's asset quality remains strong, with a gross NPA ratio of 0.73%, which is considered best-in-class within the sector. The provision coverage ratio improved to 96.14%, reflecting conservative provisioning practices and confidence in asset quality. However, it is noteworthy that non-operating income constituted 48.01% of profit bef...

Tamilnad Mercantile Bank Ltd Surges 7.45% to Day's High of Rs 759.8 — Outperforms Sector by 7.54 Percentage Points

2026-04-28 11:16:06

The Sensex inched up 0.08% after a volatile session, but Tamilnad Mercantile Bank Ltd surged 7.45% on 28 Apr 2026, hitting a new 52-week and all-time high of Rs 759.8. This 7.54 percentage-point outperformance over its sector underscores a distinctly stock-specific rally rather than a broad market move.

Broad-Based Technical Strength Lifts Tamilnad Mercantile Bank Ltd to 52-Week High of Rs 749

2026-04-28 09:47:47

Surging to an all-time high of Rs 749 on 28 Apr 2026, Tamilnad Mercantile Bank Ltd has demonstrated remarkable price momentum, outperforming its sector and the broader market with a 64.42% return over the past year against the Sensex’s decline of 3.53%.

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