Tamilnad Mercantile Bank: Revision in Marginal Cost of Funds Based Lending Rate (MCLR) of the Bank
Tamilnad Mercantile Bank (TMB) filed a disclosure titled "Revision in Marginal Cost of Funds Based Lending Rate (MCLR) of the Bank". The company is valued at about ₹12,671 crore.
What happened
Tamilnad Mercantile Bank (TMB) filed a disclosure with the exchanges on 6 November 2026 at 08:31 PM titled "Revision in Marginal Cost of Funds Based Lending Rate (MCLR) of the Bank".
Company snapshot
Tamilnad Mercantile Bank is a small-cap company in the Financial Services sector, with a market value of about ₹12,671 crore.
The stock last traded at ₹800.2, against a 52-week range of ₹468–₹954.2 (16.1% below the high).
Before this filing the shares had moved −9.7% over the month and −8.4% over three months. Average daily turnover over the last 20 sessions was about ₹15.72 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
BCEIE's records show 12 or more previous regulatory filings from the company 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 −0.4% over five days; 49% of them rose the next day.
Market-wide, 5,623 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% | — |
| 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 Ltd (BOM:543596) (Q2 2027) Earnings Call Highlights: Record Profit, ...
- Tamilnad Mercantile Bank records highest-ever net profit of ₹451 crore for Q2
- Tamilnad Mercantile Bank approves ₹12.50 dividend at AGM
- Tamilnad Mercantile Bank Q2 net profit rises 42% to record ₹451 crore
- Tamilnad Mercantile Bank seeks RBI nod for share transfers, gets board backing for expansion
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.