
Tamilnad Mercantile Bank Ltd. (TMB): Tamilnad Mercantile Bank Share Price hits fresh 52-week high
Updated: 3 Sept 2026 • 10:24 am
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Tamilnad Mercantile Bank Share Price was at Rs 942.35, up 3.78% in morning trade on 03 September 2026, after touching a fresh 52-week high of Rs 942.75. The stock’s market capitalisation stood at Rs 14,378.31 crore. Tamilnad Mercantile Bank Ltd. (TMB) therefore entered today’s market update as a fresh 52-week high stock, with the move relevant for readers tracking Tamilnad Mercantile Bank Share Price Today, Tamilnad Mercantile Bank Stock News and Tamilnad Mercantile Bank Share News. The latest Univest data confirms the price event, while the numbers shown here do not establish a company-specific catalyst. For investors watching Tamilnad Mercantile Bank Share Price Live, the key point is the combination of a one-year high, a higher day range and a valuation profile that can be compared with the private bank peer set.
Tamilnad Mercantile Bank Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 942.35 |
| Previous Close | Rs 908 |
| Today's Move | +Rs 34.35 (+3.78%) |
| Open | Rs 908.85 |
| High | Rs 942.75 |
| Low | Rs 908.85 |
| Turnover | Rs 0.59 crore |
| Market Capitalisation | Rs 14,378.31 crore |
Tamilnad Mercantile Bank Ltd. (TMB) traded at Rs 942.35 versus the previous close of Rs 908, a rise of 3.78%. The stock opened at Rs 908.85, reached a high of Rs 942.75 and touched a low of Rs 908.85.
Tamilnad Mercantile Bank Share Price opened at Rs 908.85, the same level as the day low, and then moved to Rs 942.75, which also marked the 52-week high. The stock last traded at Rs 942.35, compared with the previous close of Rs 908, for a gain of Rs 34.35 or 3.78%. The day’s range stayed tight between Rs 908.85 and Rs 942.75, which places the price near the upper end of the intraday band as of 03 September 2026 at 10:20 AM IST. Turnover stood at Rs 0.59 crore. In plain terms, Tamilnad Mercantile Bank Share Price Today is defined by a fresh yearly high and a price move that remained close to the peak after the early trade setup. That is the core of the day’s Tamilnad Mercantile Bank Stock News and Tamilnad Mercantile Bank Share Price Update.
For readers searching Tamilnad Mercantile Bank Stock Analysis, the event is straightforward: the market data confirms a new one-year high, and the stock has held most of that ground after opening above the previous close. Tamilnad Mercantile Bank Share Price therefore remains a key stock in news for those monitoring Tamilnad Mercantile Bank NSE and Tamilnad Mercantile Bank BSE trade.
Tamilnad Mercantile Bank Ltd. (TMB) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 14,378.31 crore |
| P/E Ratio | 9.96x |
| P/B Ratio | 1.36x |
| ROE | 13.99% |
| ROCE | 18.27% |
| EPS | Rs 91.2 |
| Book Value Per Share | Rs 667 |
| Dividend Yield | 1.38% |
Tamilnad Mercantile Bank Ltd. (TMB) fundamental metrics show P/E 9.96x, P/B 1.36x, ROE 13.99%, ROCE 18.27%. These figures provide context only and are not a buy or sell signal.
Tamilnad Mercantile Bank Ltd. has a market capitalisation of Rs 14378.31 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 9.96x, P/B at 1.36x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 13.99% and ROCE of 18.27%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 91.2, book value per share of Rs 667, dividend yield of 1.38%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 14.32x, median ROE of 11.81%, median ROCE of 11.03%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Bank |
| Industry | Bank – Private |
| Benchmark Scope | same industry |
| Company P/E Ratio | 9.96x |
| Benchmark Median P/E | 14.32x |
| Benchmark Average P/E | 19.87x |
| Benchmark P/E Range | 6.91x to 67.19x |
| Company P/B Ratio | 1.36x |
| Benchmark Median P/B | 1.34x |
| Company ROE | 13.99% |
| Benchmark Median ROE | 11.81% |
| Company ROCE | 18.27% |
| Benchmark Median ROCE | 11.03% |
| Company Market Capitalisation | Rs 14,378.31 crore |
| Benchmark Median Market Cap | Rs 19,521.88 crore |
Tamilnad Mercantile Bank Ltd. (TMB) is classified under sector: Bank and industry: Bank – Private.
Tamilnad Mercantile Bank Ltd. (TMB) has a P/E ratio of 9.96x, which is below the benchmark median of 14.32x, a difference of -30.45%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Tamilnad Mercantile Bank Ltd. (TMB) has a ROE of 13.99%, which is above the benchmark median of 11.81%, a difference of +18.46%. Tamilnad Mercantile Bank Ltd. (TMB) has a ROCE of 18.27%, which is above the benchmark median of 11.03%, a difference of +65.64%.
Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| The Jammu & Kashmir Bank Ltd. | J&KBANK | 16,225.92 | 6.91 | 1.03 | 16.94 | 17.75 |
| The Karnataka Bank Ltd. | KTKBANK | 12,509.4 | 8.69 | 0.96 | 10.82 | 11.02 |
| Ujjivan Small Finance Bank Ltd. | UJJIVANSFB | 12,449.23 | 13.74 | 1.77 | 10.9 | 11.51 |
| The South Indian Bank Ltd. | SOUTHBANK | 12,035.69 | 7.9 | 1.01 | 13.54 | 14.79 |
| City Union Bank Ltd. | CUB | 22,817.83 | 16.26 | 2.08 | 13.24 | 13.5 |
Tamilnad Mercantile Bank Ltd. (TMB) has a P/E ratio of 9.96x compared with the displayed peer median of 8.69x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 13.99% compares with a peer median of 13.24% across the companies shown in the table. ROCE stood at 18.27% versus the displayed peer median of 13.5%, providing a capital-efficiency comparison. Tamilnad Mercantile Bank Ltd. (TMB) has a market capitalisation of Rs 14,378.31 crore. Among the 5 peers shown, 2 have a larger market capitalisation.
Why Investors Are Watching Tamilnad Mercantile Bank
- Tamilnad Mercantile Bank Share Price touched a fresh 52-week high of Rs 942.75 and last traded at Rs 942.35.
- The stock was up 3.78%, or Rs 34.35, versus the previous close of Rs 908.
- Market capitalisation stood at Rs 14,378.31 crore during the latest market update.
- The P/E ratio was 9.96, below the same-industry median of 14.32.
- ROE was 13.99% and ROCE was 18.27%, both above the same-industry medians shown in the benchmark set.
About Tamilnad Mercantile Bank
Tamilnad Mercantile Bank Ltd. operates in the Bank sector and the Bank – Private industry. In the latest Univest coverage, the stock is being tracked for Tamilnad Mercantile Bank Share Price Today, Tamilnad Mercantile Bank Stock News and Tamilnad Mercantile Bank Company News because its price has reached a fresh yearly high. The company is also part of the broader Tamilnad Mercantile Bank NSE and Tamilnad Mercantile Bank BSE market discussion, where investors often compare Tamilnad Mercantile Bank Share Price with sector peers on valuation and profitability measures.
The company’s earnings per share stands at Rs 91.2, book value at Rs 667 and dividend yield at 1.38%. Revenue has been higher in the latest stated period than in the earlier one, which gives Tamilnad Mercantile Bank Share Price a financial backdrop that readers can study through Univest alongside Tamilnad Mercantile Bank Financial Results and Tamilnad Mercantile Bank Latest News.
Frequently Asked Questions
What is Tamilnad Mercantile Bank Share Price today?
Ans. Tamilnad Mercantile Bank Share Price was Rs 942.35, up 3.78% from the previous close of Rs 908. It also touched a fresh 52-week high of Rs 942.75 during morning trade.
Why is Tamilnad Mercantile Bank Share Price in the news today?
Ans. Tamilnad Mercantile Bank Share Price is in the news because it reached a fresh 52-week high and traded higher than the previous close. The latest Univest figures confirm the price event.
Did Tamilnad Mercantile Bank Share Price hit a 52-week high?
Ans. Yes. Tamilnad Mercantile Bank Share Price touched Rs 942.75, which is the fresh 52-week high, while the stock last traded at Rs 942.35 at 03 September 2026 at 10:20 AM IST.
What is Tamilnad Mercantile Bank's market capitalisation?
Ans. Tamilnad Mercantile Bank has a market capitalisation of Rs 14,378.31 crore. That places the company below the same-industry median shown in the benchmark set, while keeping the valuation context visible.
How does Tamilnad Mercantile Bank Share Price compare with peers?
Ans. Tamilnad Mercantile Bank Share Price has a P/E of 9.96, which is below some peers and above others in the private bank set. Its ROE and ROCE are also above the industry medians in the benchmark.
What do EPS and book value show for Tamilnad Mercantile Bank?
Ans. EPS stands at Rs 91.2 and book value at Rs 667. EPS shows earnings attributable to each share, while book value reflects accounting net worth per share and helps frame Tamilnad Mercantile Bank Share Price.
Is Tamilnad Mercantile Bank Share Price expensive on valuation?
Ans. Tamilnad Mercantile Bank Share Price trades at 9.96 times earnings, below the same-industry median of 14.32. Its P/B ratio of 1.36 is slightly above the median of 1.34, giving a mixed valuation picture.
What should investors monitor next for Tamilnad Mercantile Bank Share Price?
Ans. Investors can monitor whether Tamilnad Mercantile Bank Share Price holds near the fresh 52-week high, along with updates on revenue, valuation multiples and sector comparison in the next Univest market update.
Track Tamilnad Mercantile Bank Share Price on Univest
Use Tamilnad Mercantile Bank Ltd. (TMB) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.
Readers can track Tamilnad Mercantile Bank Share Price on Univest for live updates, company news, market cap, valuation ratios, revenue trends, 52-week levels and sector comparison. Univest also helps users follow Tamilnad Mercantile Bank Share Price Today, Tamilnad Mercantile Bank Share Price Live and Tamilnad Mercantile Bank Stock Analysis in one place.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
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