NIFTY 22215.40 BANK 47700.45

Tamilnad Mercantile Bank Ltd
Share Price Target & Analysis

NSE:TMB

467.67

VWAP

468.00

Open

463.35

Close

469.00

High

465.30

Low

611.35

52 Week High

468.00 ⇧
4.65 (1.00%)

TMB

(Miscellaneous)
31.4% Momentum

Turnaround Potential

402.35

52 Week Low

67.7

EPS

17.55

PE

1.07

PB

Deluxe
Quality

Steel
Valuation

#Analysis

NSE: TMB Share Price Financial Analysis & Valuation

Tamilnad Mercantile Bank Ltd (TMB) is broadly categorized in Miscellaneous segment industry which deals in Bank - Private vertical. It is one of Small Cap company with Market Capitalization of Rs 0 (in Cr). Total number of free float shares are 0 (in Lacs). Tamilnad Mercantile Bank Ltd is listed on NSE with Exchange ID - INE668A01016 and trading code is NSE:TMB with short name TMB.

In the past 1 year, Tamilnad Mercantile Bank Ltd has declared an equity dividend of Rs 0 per share. At the current share price of TMB at Rs 468.00, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:TMB, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine TMB underlying value and future prospects. All of this data is available in TMB financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:TMB, it is clearly understood that TMB is Deluxe performer in terms of earnings and profit margins with an EPS of 67.7. NSE:TMB book value per share as of today is 437.53. The current price to book ratio for TMB as of May 15, 2024 is 1.07.

Valuation of the Stock: The current valuation of TMB stock is like Steel which means currently the stock is Moderately Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of TMB whether to BUY this stock at current valuation. The delivery percentage of TMB is 32.63% is very crucial parameter which shows that 32.63% investors are anticipating that the price of TMB share should go up with VWAP at 467.67.

Now, the main question is whether to BUY or SELL, NSE:TMB at current valuation.
As per latest Analysis No. #5303:-

⇑ STRONG BUY TMB if All Greens

⇗ BUY TMB (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD TMB (With Stop Loss) if only 1 Green

⇘ SELL TMB if NO Green Indicator

NSE: TMB Share Price Today (May 15, 2024)

(Tamilnad Mercantile Bank Ltd Daily Analysis on the basis of TMB Intraday Graph & Trend)

Tamilnad Mercantile Bank Ltd share price moved Up by 1.00% from its previous close of Rs 463.35. TMB stock last traded price is 468.00. TMB share price trend is Up with a total of 10851 stocks traded till now. It has touched an intraday high of Rs 469.00 and an intraday low of Rs 465.30. The TMB trading at 468.00, Up by Rs. 4.65, or 1.00 percent which suggests that most of the Traders are anticipating that the price of TMB share should go Up.

NSE: TMB Share Price Tomorrow Prediction

(Tamilnad Mercantile Bank Ltd Share Price Prediction for Tomorrow & future forecast is based on Current Trend of TMB)

Tamilnad Mercantile Bank Ltd share price moved Up by 1.00%. TMB share price short term trend is Up. It suggests that TMB Share Price for Tomorrow remains the same with VWAP at 467.67 will be treated as stop loss for intraday traders. Tamilnad Mercantile Bank Ltd Long term investors can follow the TMB long term trend as mentiond in future forecast table.

NSE Code

NSE: TMB

TMB Share Price Today

 468.00

TMB Share Price Target Prediction for 2024 ^

 421.8 - 544.7

TMB Share Price Target Prediction for 2025*^

 544.7 - 668.1

TMB Share Price Target Prediction for 2026*^

 668.1 - 714.9

TMB Share Price Target Prediction for 2027*^

 751

TMB Share Price Target Prediction for 2028*^

 772

TMB Share Price Target Prediction for 2030*^

 842
TMB Current Book Value 2023
435.3

*Tamilnad Mercantile Bank Ltd Short Term & Long Term share price target is based on current financial year earings of the company.
^TMB share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

TMB Technical Analysis

Candlestick Pattern: @488.45

TMB Moving Averages

BUY (5) NEUTRAL (0) SELL (9)
MA Simple Action S1 Expo Action E2
MA_5 491.13 SELL 489.74 SELL
MA_12 489.98 SELL 489.2 SELL
MA_20 491.06 SELL 487.83 BUY
MA_32 480.96 BUY 486.51 BUY
MA_50 482.51 BUY 487.32 BUY
MA_100 490.7 SELL 491.6 SELL
MA_200 505.63 SELL 494.45 SELL

TMB Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 491.06 Downtrend
MACD -0.27 SELL
ADX 13.78 NO or Weak Trend
DMI (+/-) 18.02 / 16.68 Uptrend

TMB Momentum Oscillators

BUY (4) NEUTRAL (6) SELL (2)
Momentum Oscillators Value Action
RSI 51.51 Neutral
STOCHASTIC_K (Fast) 16.99 Oversold
STOCHASTIC_D (Slow) 33.29 Neutral
CCI -15.52 Neutral
PSAR 479.72 BUY
TRUE RANGE 11.85 BUY
ATR 11.93 BUY
WILLIAMS R -53.87 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 7.65 Oversold
STOCHASTIC RSI D 20.51 Neutral
MOMENTUM 32.1 BUY

TMB Last 1 Year Trend

Duration Value
1 Year 14.36%
3 Months -3.65%
1 Month 7.03%
1 Week -1.7%

TMB Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 33%
NEUTRAL / HOLD 23%
SELL 43%

Most popular Questions & Answers about TMB


Tamilnad Mercantile Bank Ltd stock last traded price is 468.00. TMB share price moved Up by 1.00% from its previous close of Rs 463.35.

Tamilnad Mercantile Bank Ltd share price trend is Up with a total of 10851 stocks traded till now. It has touched an intraday high of Rs 630.30675 and an intraday low of Rs 465.30. The TMB trading at 468.00, Up by Rs. 4.65, or 1.00 percent which suggests that most of the Traders are anticipating that the price of TMB share should go Up and the Stop Loss will be around 467.67.

The market cap of Tamilnad Mercantile Bank Ltd is ₹0 (in Cr) as of May 14, 2024.

The current price to earning ratio for Tamilnad Mercantile Bank Ltd as of May 14, 2024 is 17.55.

The current price to book ratio for Tamilnad Mercantile Bank Ltd as of May 14, 2024 is 1.07.

The highest price of Tamilnad Mercantile Bank Ltd stock is ₹611.35 in the last 52-week.

The lowest price of Tamilnad Mercantile Bank Ltd stock is ₹402.35 in the last 52-week.

Tamilnad Mercantile Bank Ltd share trading at ₹468.00, Up by Rs. 4.65, or 1.00 percent which suggests that most of the traders are anticipating that the price of TMB share should go Up.

In 2023, Stock price target for Tamilnad Mercantile Bank Ltd (TMB) are ₹421.8 on downside and ₹544.7 on upside. Tamilnad Mercantile Bank Ltd share price target is based on current financial year earings of the company.

In 2024, Stock price target for Tamilnad Mercantile Bank Ltd (TMB) are ₹544.7 on downside and ₹668.1 on upside. Tamilnad Mercantile Bank Ltd share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Tamilnad Mercantile Bank Ltd (TMB) are ₹668.1 on downside and ₹714.9 on upside. Tamilnad Mercantile Bank Ltd share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Tamilnad Mercantile Bank Ltd (TMB) will be around ₹772 Tamilnad Mercantile Bank Ltd share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of TMB.

As per the fundamental analysis of Tamilnad Mercantile Bank Ltd (TMB), it is of Deluxe quality in terms of earnings and profit margins with an EPS of 67.7. Tamilnad Mercantile Bank Ltd book value per share as of today is 437.53. The current price to book ratio for TMB as of May 15, 2024 is 1.07.


NSE:TMB News & Other Useful Information about TMB Share Price


Peer Comparison of NSE: TMB

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Bank - Private

Company Price EPS BV
IDBI 84.40 5.24 39.76
EQUITASBNK 94.95 7.04 45.65
UJJIVANSFB 53.70 6.53 20.63
SURYODAY 201.25 20.33 149.21
TMB 468.00 67.7 437.53
UTKARSHBNK 53.25 4.52 20.04
ESAFSFB 54.65 8.27 34.47
CAPITALSFB 342.05 24.76 137.96
JSFB 635.90 64.02 342.01
Updated at: 15 May 2024 11:15

Feel free to contact us, in case of any queries.

SITEMAP 2705
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 3065.95 28.40 (0.93%) | ADANIGREEN 1799.40 10.60 (0.59%) | ADANIPORTS 1344.60 13.35 (1%) | ADANITRANS 1022.05 31.00 (3.13%) | AMBUJACEM 614.90 4.70 (0.77%) | APOLLOHOSP 5856.85 -5.95 (-0.1%) | ASIANPAINT 2836.85 -29.30 (-1.02%) | ATGL 918.40 9.45 (1.04%) | AUROPHARMA 1158.70 -9.90 (-0.85%) | AXISBANK 1123.80 0.95 (0.08%) | BAJAJ-AUTO 9061.00 -4.25 (-0.05%) | BAJAJFINSV 1582.25 5.80 (0.37%) | BAJFINANCE 6668.70 -7.00 (-0.1%) | BALKRISIND 2504.85 17.20 (0.69%) | BANDHANBNK 191.05 2.50 (1.33%) | BANKBARODA 263.55 2.70 (1.04%) | BEL 232.15 1.20 (0.52%) | BERGEPAINT 485.80 -8.75 (-1.77%) | BHARTIARTL 1289.90 5.60 (0.44%) | BIOCON 318.40 7.50 (2.41%) | BOSCHLTD 31409.95 -472.05 (-1.48%) | BPCL 608.60 2.65 (0.44%) | BRITANNIA 5116.00 -24.80 (-0.48%) | CADILAHC 992.50 10.35 (1.05%) | CIPLA 1402.40 45.05 (3.32%) | COALINDIA 462.20 13.50 (3.01%) | COLPAL 2805.85 -14.10 (-0.5%) | DABUR 549.80 -4.75 (-0.86%) | DIVISLAB 3894.15 -2.05 (-0.05%) | DLF 831.00 -8.05 (-0.96%) | DMART 4643.10 46.05 (1%) | DRREDDY 5929.80 61.00 (1.04%) | EICHERMOT 4705.05 -25.50 (-0.54%) | GAIL 199.40 -0.65 (-0.32%) | GLAND 1780.00 14.50 (0.82%) | GODREJCP 1310.75 3.85 (0.29%) | GRASIM 2400.75 28.70 (1.21%) | GUJGASLTD 548.10 -3.30 (-0.6%) | HAVELLS 1740.00 10.90 (0.63%) | HCLTECH 1334.40 13.35 (1.01%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3692.85 14.95 (0.41%) | HDFCBANK 1443.55 -17.40 (-1.19%) | HDFCLIFE 557.70 -3.85 (-0.69%) | HEROMOTOCO 5090.85 47.40 (0.94%) | HINDALCO 656.80 10.15 (1.57%) | HINDUNILVR 2343.60 -6.00 (-0.26%) | HINDZINC 575.45 15.55 (2.78%) | ICICIBANK 1120.40 -0.15 (-0.01%) | ICICIGI 1664.15 -19.65 (-1.17%) | ICICIPRULI 584.90 -12.30 (-2.06%) | INDIGO 4164.10 16.75 (0.4%) | INDUSINDBK 1419.70 -1.30 (-0.09%) | INDUSTOWER 347.05 7.55 (2.22%) | INFY 1424.35 -0.35 (-0.02%) | IOB 63.35 1.50 (2.43%) | IOC 162.20 2.85 (1.79%) | ITC 430.25 0.55 (0.13%) | JSWSTEEL 877.80 -3.70 (-0.42%) | KOTAKBANK 1648.35 2.05 (0.12%) | LT 3385.85 6.40 (0.19%) | LTI 4634.85 41.30 (0.9%) | LUPIN 1644.00 6.85 (0.42%) | M&M 2269.25 -0.65 (-0.03%) | MARICO 600.70 0.45 (0.07%) | MARUTI 12835.10 20.90 (0.16%) | MCDOWELL-N 1169.75 -5.85 (-0.5%) | MOTHERSUMI 127.55 2.50 (2%) | MUTHOOTFIN 1682.20 4.90 (0.29%) | NAUKRI 5950.70 -66.60 (-1.11%) | NESTLEIND 2465.00 -22.35 (-0.9%) | NMDC 267.50 2.45 (0.92%) | NTPC 358.55 2.75 (0.77%) | ONGC 274.10 1.20 (0.44%) | PEL 836.10 5.85 (0.7%) | PIDILITIND 2997.90 14.15 (0.47%) | PIIND 3631.20 -36.40 (-0.99%) | PNB 127.50 1.75 (1.39%) | POWERGRID 312.25 3.00 (0.97%) | RELIANCE 2846.55 6.40 (0.23%) | SAIL 166.25 1.60 (0.97%) | SBICARD 720.00 1.60 (0.22%) | SBILIFE 1435.55 2.70 (0.19%) | SBIN 824.20 6.00 (0.73%) | SHREECEM 26080.00 55.10 (0.21%) | SIEMENS 7137.95 477.50 (7.17%) | SRF 2300.15 13.40 (0.59%) | SUNPHARMA 1543.90 -1.35 (-0.09%) | TATACONSUM 1081.85 -3.60 (-0.33%) | TATAMOTORS 972.05 7.40 (0.77%) | TATAMTRDVR 652.95 6.60 (1.02%) | TATASTEEL 167.20 2.25 (1.36%) | TCS 3889.00 -12.20 (-0.31%) | TECHM 1280.85 5.35 (0.42%) | TITAN 3272.50 -16.40 (-0.5%) | TORNTPHARM 2629.95 -0.70 (-0.03%) | ULTRACEMCO 9612.10 -48.55 (-0.5%) | UPL 516.25 6.20 (1.22%) | VEDL 442.10 9.55 (2.21%) | WIPRO 457.85 1.50 (0.33%) |