Tamilnad Mercantile Bank Ltd (TMB) is currently trading at 549.00 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Tamilnad Mercantile Bank Limited (TMB) is a regional bank based in Tamil Nadu, India, providing a wide range of banking services. Its core business includes retail, corporate banking, and para-banking activities. TMB reported robust financial performance with a total business growth of 11.40% and deposits growth of 12.32% in the second quarter of FY 2025-26. The bank opened its 600th branch, evidencing its ongoing expansion. The bank's asset quality is strong, with a Gross NPA of just 1.01% and a Net NPA of 0.26%. The provision coverage ratio (PCR) is also high at 74.36%. TMB is investing significantly in digital transformation, with an IT budget of ₹250 crores, encompassing new loan management systems, enhanced internet and mobile banking, and workflow automation. The bank is focusing on expanding its branch network outside Tamil Nadu, aiming to diversify its deposit base and improve its market position across India.

Over the past 52 weeks, Tamilnad Mercantile Bank Ltd has traded between a low of ₹403.35 and a high of ₹575.85. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Tamilnad Mercantile Bank Ltd has a market capitalization of approximately 8,569.98. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Tamilnad Mercantile Bank Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 7.06 and operates in the Banks sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

You can buy shares of Tamilnad Mercantile Bank Ltd (TMB) through any SEBI-registered stockbroker in India. A demat and trading account are required to place buy or sell orders on stock exchanges such as NSE or BSE. Shares are credited to the demat account as per the exchange settlement cycle.

Based on its market capitalization of 8,569.98 Cr, Tamilnad Mercantile Bank Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Tamilnad Mercantile Bank Ltd operates in the Banks sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Tamilnad Mercantile Bank Ltd is 7.06. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

Tamilnad Mercantile Bank Ltd pays dividends with a current dividend yield of 0.01%. Dividend-paying stocks may provide periodic income in addition to potential long-term capital appreciation.

Key risks associated with Tamilnad Mercantile Bank Ltd include sector-specific challenges in the Banks industry, regulatory changes, competitive pressures, company-level financial performance, overall market volatility, and broader macroeconomic factors that can impact stock prices.