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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comTamilnad Mercantile Bank Ltd (TMB) is one of India’s oldest and most trusted private sector banks, known for its strong regional presence, customer-focused banking, and steady financial performance. With a legacy dating back over 100 years, TMB has grown significantly across retail and MSME sectors. In this article, we’ll explore Tamilnad Mercantile Bank Ltd share price targets from 2025 to 2030, financial details, and long-term investment outlook.
| Detail | Value |
|---|---|
| Open | ₹474.00 |
| Previous Close | ₹466.25 |
| Volume | 2,61,697 |
| Value (Lacs) | ₹1,251.17 |
| VWAP | ₹479.79 |
| Beta (Volatility) | 0.46 |
| Market Cap (₹ Cr.) | 7,570 |
| High | ₹484.65 |
| Low | ₹471.00 |
| UC Limit | ₹559.50 |
| LC Limit | ₹373.00 |
| 52 Week High | ₹513.55 |
| 52 Week Low | ₹401.00 |
| Face Value | ₹10 |
| All Time High | ₹611.35 |
| All Time Low | ₹399.00 |
Founded in 1921, Tamilnad Mercantile Bank Ltd (TMB) is a private sector bank headquartered in Thoothukudi, Tamil Nadu. The bank primarily serves the retail, agriculture, and MSME segments and has a strong footprint across southern India with growing operations nationwide.
Over the years, TMB has maintained steady growth, prudent lending policies, and a high capital adequacy ratio. The bank’s customer-first approach and focus on digital transformation make it a promising stock in the Indian banking sector.
Over a century of banking excellence and trust
Strong focus on MSMEs, retail, and agri-banking
Expanding digital banking initiatives
Consistent profitability with low NPAs
High retail investor participation
| Investor Type | Holding (%) |
|---|---|
| Retail and Others | 92.94% |
| Foreign Institutions | 4.65% |
| Other Domestic Institutions | 2.41% |
The shareholding pattern indicates that Tamilnad Mercantile Bank has strong retail investor confidence and minimal institutional holding, suggesting long-term investor loyalty and stability.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 480 | 510 |
| 2026 | 525 | 570 |
| 2027 | 580 | 640 |
| 2028 | 650 | 710 |
| 2029 | 720 | 780 |
| 2030 | 800 | 880 |
These projections are based on TMB’s financial performance, NPA management, growth in net interest income (NII), and sectoral trends.
By 2025, TMB’s share price is expected to remain stable with a gradual uptrend as the bank continues to focus on digital banking and retail lending.
Reasons:
Strong Q2 and Q3 earnings expected
Steady NIM (Net Interest Margin) performance
Low beta indicates low volatility and stable movement
Investment Advice: Investors can accumulate shares around current levels for long-term gains.
In 2026, the stock may gain momentum as the bank expands its digital offerings and increases lending in high-margin sectors.
Reasons:
Rising demand for MSME and retail loans
Expansion in northern and western regions of India
Healthy capital adequacy ratio
Investment Advice: Hold for mid-term; good potential for compounding returns.
By 2027, the bank could see stronger financial growth supported by technological transformation and diversified lending.
Reasons:
Increased digital banking penetration
Consistent asset quality
Improved operational efficiency
Investment Advice: Suitable for investors seeking stable banking exposure in small- and mid-cap portfolios.
The year 2028 may bring higher profitability as TMB strengthens its retail and SME customer base.
Reasons:
Better credit growth outlook
Improved CASA ratio
Enhanced customer retention via digital products
Investment Advice: Continue holding; re-entry possible during minor corrections.
TMB could benefit from the expanding Indian economy and digital banking revolution by 2029.
Reasons:
Rising credit demand in rural and semi-urban areas
Increased fee-based income
Strong financial discipline
Investment Advice: Long-term investors can consider adding on dips for continued compounding.
By 2030, Tamilnad Mercantile Bank may emerge as one of India’s leading regional private banks with strong fundamentals and brand trust.
Reasons:
100+ years of operational history
Stable management and governance
Continued profitability and asset growth
Investment Advice: Excellent long-term investment option for conservative investors seeking steady growth and dividends.
Yes. Tamilnad Mercantile Bank Ltd is a fundamentally strong and stable financial institution with consistent profits, good governance, and low volatility (Beta: 0.46). Its high retail investor base reflects trust and long-term sustainability.
Consistent dividend-paying record
Strong focus on MSME and retail sectors
Prudent NPA management
Long operational history and trusted brand
Limited institutional participation
Regional dependency
Intense competition in private banking sector
Always review quarterly earnings and consult a financial advisor before making investment decisions.
Tamilnad Mercantile Bank Ltd continues to demonstrate financial stability and growth even in a competitive banking environment. With a current market capitalization of ₹7,570 crore and a share price around ₹474, the bank shows promising long-term potential.
Analysts project that the Tamilnad Mercantile Bank Ltd share price target for 2030 could reach ₹880, driven by consistent performance and strong fundamentals. For investors seeking low-risk, steady-growth banking exposure, TMB can be a solid portfolio addition.
1. What is the current share price of Tamilnad Mercantile Bank Ltd?
As of October 2025, the share price is around ₹474.
2. What is Tamilnad Mercantile Bank Ltd’s share price target for 2025?
The projected target for 2025 is ₹480 – ₹510.
3. Is Tamilnad Mercantile Bank Ltd a good stock to buy now?
Yes, it’s a stable private sector bank with low volatility and solid fundamentals.
4. What is the 52-week high and low of TMB?
The 52-week high is ₹513.55 and the 52-week low is ₹401.00.
5. What is the market capitalization of Tamilnad Mercantile Bank Ltd?
The bank’s market capitalization is ₹7,570 crore.
6. What is the Beta value of Tamilnad Mercantile Bank Ltd?
The Beta is 0.46, indicating low volatility compared to the broader market.
7. What is the face value of Tamilnad Mercantile Bank shares?
The face value is ₹10 per share.
8. Who are the major shareholders of Tamilnad Mercantile Bank Ltd?
Retail investors hold 92.94% of shares, making it a highly retail-driven stock.
9. What is the long-term price target for Tamilnad Mercantile Bank Ltd?
By 2030, the stock could reach ₹880 if growth continues as projected.
10. Should I hold Tamilnad Mercantile Bank Ltd for the next 5 years?
Yes, holding for 5–7 years can offer good compounding returns and dividend stability.
Disclaimer: This article is for educational and informational purposes only. Always consult a certified financial advisor before making investment decisions.
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