Tamilnad Mercantile Bank Share History & Returns 2022 to 2024
Tamilnad Mercantile Bank Limited | |||
 | Price: ₹461.20 | ||
| 52 Week Low: ₹418.10 52 Week High: ₹514.70 | |||
| Market Capital: 7,517.72 Crore (Midcap) | |||
| Basic Materials -> Gold | |||
Show Table of Contents
Table of Contents
- 1: Tamilnad Mercantile Bank Stock Highlights
- 1.1: 52-Week High Low
- 1.2: All Time High
- 2: Tamilnad Mercantile Bank Recent Performance
- 3: Tamilnad Mercantile Bank Stock Price Chart From 2022 to 2024
- 4: Tamilnad Mercantile Bank Stock Price History Table From 2022 to 2024
- 5: Analyzing the Impact of Investing in Tamilnad Mercantile Bank
- 6: Tamilnad Mercantile Bank Returns vs Bank FD Returns
Tamilnad Mercantile Bank Stock Highlights
As of 23 Dec 2024, Tamilnad Mercantile Bank Stock price is ₹461.20 which is ₹53.50 below 52-week high of ₹514.70 and ₹43.10 above 52-week low of ₹418.10
52-Week High Low
- Tamilnad Mercantile Bank 52-Week High is ₹514.70 occurred on 16 Jan 2024
- Tamilnad Mercantile Bank 52-Week Low is ₹418.10 occurred on 25 Oct 2024
All Time High
- The all-time high or the highest price that Tamilnad Mercantile Bank stocks have ever touched was ₹611.35 and this occurred on 01 Sep 2023.
- The highest closing price at which Tamilnad Mercantile Bank stocks have ever closed was ₹546.70 recorded on 01 Sep 2023.
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Tamilnad Mercantile Bank Recent Performance
Over the past 15 trading days, the value of Tamilnad Mercantile Bank's stock has decreased by ₹27.05 (-5.54%). On 03 Dec 2024, its one share was worth ₹488.25 and by 23 Dec 2024, the value dropped to ₹461.2. During this period it created a highest high of ₹513.55 and lowest low of ₹460.10.
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Tamilnad Mercantile Bank Stock Price Chart From 2022 to 2024
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Tamilnad Mercantile Bank Stock Price History Table From 2022 to 2024
| Year | Tamilnad Mercantile Bank | YOY Chg% | ↑High - ↓Low |
|---|---|---|---|
| 2024 | ₹461.20 | -8.6% | ↑ ₹505.00 ↓ ₹457.00 |
| 2023 | ₹504.45 | 5.4% | ↑ ₹611.00 ↓ ₹399.00 |
| 2022 | ₹478.60 | - | ↑ ₹548.00 ↓ ₹463.00 |
Analyzing the Impact of Investing in Tamilnad Mercantile Bank
Tamilnad Mercantile Bank Stock price in the year 2022 was ₹478.60. If you had invested ₹10,000 in Tamilnad Mercantile Bank Stock in 2022, in 2 years, your investment would have reduced to ₹9,636 by the end of 2024. This represents a negative return of -3.7% from 2022 to 2024, with a compound annual growth rate (CAGR) of -1.9%.
Tamilnad Mercantile Bank Returns vs Bank FD Returns
| Investment Type | Initial Amount | Final Value | Total Returns |
|---|---|---|---|
| Tamilnad Mercantile Bank Shares | ₹10,000 | ₹9,636.43 | -3.6% |
| Bank FD (Simple Interest) | ₹10,000 | ₹11,200 | 12.0% |
| Bank FD (Compound Interest) | ₹10,000 | ₹11,236 | 12.4% |
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
