Tamilnad Mercantile Bank: Opening of New Branch es - Intimation
Tamilnad Mercantile Bank (TMB) filed a disclosure titled "Opening of New Branch es - Intimation". The company is valued at about ₹13,115 crore.
What happened
Tamilnad Mercantile Bank (TMB) filed a disclosure with the exchanges on 10 November 2026 at 01:28 PM titled "Opening of New Branch es - Intimation".
Company snapshot
Tamilnad Mercantile Bank is a small-cap company in the Financial Services sector, with a market value of about ₹13,115 crore.
The stock last traded at ₹828.2, against a 52-week range of ₹491.5–₹954.2 (13.2% below the high).
Before this filing the shares had moved −3.2% over the month and −4.5% over three months. Average daily turnover over the last 20 sessions was about ₹15.12 crore.
Promoters held 0.00% at the end of Q2 FY27. Foreign institutions owned 6.86% and domestic institutions 2.07%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 1,621 | 317.5 | 20.05 |
| Q3 FY26 | 1,665 | 341.5 | 21.57 |
| Q4 FY26 | 1,792 | 373.7 | 23.6 |
| Q1 FY27 | 1,901 | 411.5 | 25.99 |
| Q2 FY27 | 2,052 | 451.1 | 28.49 |
What history shows
This is not the company's first regulatory disclosure: BCEIE has at least 12 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 2.0% on average the next trading day and was up 3.6% on average after five days (10 filings with price data).
Across 300 similar disclosures by other Financial Services companies, shares moved +0.1% on average the next day and −0.2% over five days; 49% of them rose the next day.
Market-wide, 5,634 regulatory filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 29 Oct 2026 | Regulatory | +1.3% | +4.0% |
| 26 Aug 2026 | Regulatory | +2.6% | +4.0% |
| 21 Jul 2026 | Regulatory | −2.3% | +5.7% |
| 16 Jul 2026 | Regulatory | +1.1% | +0.9% |
| 14 Jul 2026 | Order passed by the Appellate Tribunal under SAFEMA, New Delhi | +2.2% | +3.9% |
In the news
Recent coverage elsewhere (links open the original publisher):
- Tamilnad Mercantile Bank approves ₹12.50 dividend at AGM
- Tamilnad Mercantile Bank seeks RBI nod for share transfers, gets board backing for expansion
- Tamilnad Mercantile Bank Q2 net profit rises 42% to INR 451 crore
- Tamilnad Mercantile Bank Ltd (BOM:543596) (Q2 2027) Earnings Call Highlights: Record Profit, ... By GuruFocus
- Tamilnad Mercantile Bank Revises One Year MCLR To 9.45%, Effective Nov 7
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.