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TMB STOCK PRICE
Depositors locking in high rates push up FD shareFixed deposits now constitute 62% of bank deposits, a two-year high, as depositors shifted funds from low-yield savings accounts seeking be...- 2 top stock recommendations from CA Rudramurthy BVWait for any dip in index to buy the dip and I am very bullish on this market for medium to longer term, having seen this big move happenin...
- For moderate risk takers with a long term perspective ? 5 midcap stocks from different sectors with the right financial matrixLast week, the correction started with a private sector bank leading the fall. However, the very next trading session there was a sharp cor...
- For calibrating and diversifying risks? 6 midcap stocks from different sectors with the right financial matrixAs the Dalal street continues to be in party mode, staying bullish would appear to be the most logical thing at this point of time. Why fig...
- Tamilnad Mercantile Bank shares jump 17% to hit 52-week highThe company reported an 11.54% year-on-year (YoY) jump in its June quarter net profit at Rs 261 crore, up from Rs 234 crore reported by the...
- Stocks in the news: TCS, Wipro, NMDC, Apollo Hospitals, Zomato and Adani PowerTata Consultancy Services has bagged a deal from Rail Delivery Group to design, develop, implement, and operate the UK's Rail Data Marketpl...
- TMB jumps over 7% after RBI authorisation to undertake govt business“RBI has authorised TMB for undertaking Government Business on behalf of RBI. Agreement has been signed by the bank with RBI at Mumbai for ...
- TMB makes muted debut on listing day at IPO priceThe IPO consisted of the fresh issue of 15.8 million shares. The Thoothukudi-based private lender allotted 71,28,000 equity shares to 10 an...
- Tamilnad Mercantile Bank shares list at 3% discount to IPO priceIncorporated in 1921, Tamilnad Mercantile Bank offers an array of banking and financial services to retail customers, micro, small, and med...
- Tamilnad Mercantile Bank: Should buy, sell or hold after muted listing?However, analysts remain positive on the private lenders despite its muted debut at the bourses and suggest that investors should hold the ...
- Tamilnad Mercantile Bank IPO subscribed 2.86 times on last day of bidding processThe issue attracted bids for 2,49,39,236 shares or 2.86 times against the issue size of 87,12,000 shares. The quota reserved for retail ind...
- Should you buy Tamilnad Mercantile Bank shares from unlisted market ahead of IPO?One should understand that any pre-IPO equity has a mandatory lock-in of at least 6 months from the date of IPO allotment, but in this case...
- Tamilnad Mercantile Bank IPO kicks off: Should you subscribe?Most analysts said the asking valuations are attractive when compared with peers, but the bank’s future growth would be subject to pending ...
- Tamilnad Mercantile Bank IPO: 15 things you must know before subscribingThe IPO of Tamilnad Mercantile Bank will close for subscription on Wednesday, September 7.
- Multibagger bets, anyone? Some analysts suggest unlisted namesDealers of unlisted shares say this space is not for traders; but investors with a long-term outlook can hope to earn hefty returns, if the...
- Jhunjhunwala, Ambani, Dhoni & much of D-Street awaiting these big-bang IPOsSome of these firms have strong balance sheets and credible financials to support this frenzy.
- Once labelled a 'deserter', S Ashok is helping Nadars regain control of Tamilnad Mercantile BankSeventeen years ago, S Ashok became an outcast among the Nadars when he sold his 18% equity in the community-owned Tamilnad Mercantile Bank...
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