Is Tamilnad Mercantile Bank stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Tamilnad Mercantile Bank pays dividends. Last time was Sunday 27th of October 2024 where the investors holding the stock on Friday 20th of September 2024 were paid INR10 per share. Over the last 3 times between 2023 and 2024, Tamilnad Mercantile Bank has paid INR20 with an average of INR6.67 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Tamilnad Mercantile Bank 10 years ago, but if you had invested on Thursday 15th of September 2022 when the price was INR509.65, you would have made a loss of INR-27.05 per share or -5.31%
Yes, the average daily trading liquidity for Tamilnad Mercantile Bank is INR196 565 thousand. You should therefore be able to get in and out of your positions relatively fast.
Tamilnad Mercantile Bank has no real debt, which is good in periods of high inflation. Tamilnad Mercantile Bank has a very good net profit margin of 38.34% and should have very high tolerances against inflation.
We have calculated the inflation risk for Tamilnad Mercantile Bank to be low [0.3 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.