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TMB
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BSE Sensex 30
Over the past 12 months, TMB has significantly outperformed BSE Sensex 30, delivering a return of +48% compared to the BSE Sensex 30's 3% drop.
Stocks Performance
TMB vs BSE Sensex 30
Performance Gap
TMB vs BSE Sensex 30
Performance By Year
TMB vs BSE Sensex 30
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Tamilnad Mercantile Bank Ltd
Glance View
Tamilnad Mercantile Bank Ltd. engages in the provision of banking services. The company is headquartered in Thoothukudi, Tamil Nadu. The company went IPO on 2022-09-15. The bank operates through four segments: Treasury, Corporate / Wholesale Banking, and Retail Banking. Its treasury operations focus on the management of its funds, maintenance of statutory reserves (cash reserve ratio and statutory liquidity ratio), asset liability gaps, interest rate risks, liquidity positions, investments, and trading activities. The company also manages trades in equity and forex instruments. The bank offers commercial banking products to its customers including current account facilities, online services, such as Internet banking, and short message service (SMS) alerts, and foreign exchange services. The company provides various kinds of loans. The company also offers other services including online fee payment, online bill payment, forex services, and Demat services. The bank offers a secure application, TMB DigiLobby, for customers to view all their account balances and transactions on their mobile devices.
