Tamilnad Mercantile Bank Share History & Returns 2022 to 2024
Tamilnad Mercantile Bank Limited | |||
 | Symbol: TMB | ||
| Price: ₹439.29 | |||
| Exchange: NSE | |||
| 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
- 5.1: Tamilnad Mercantile Bank Stock VS FD (Normal) VS FD (Compounding)
Tamilnad Mercantile Bank Stock Highlights
As of Thu 14 Nov 2024, Tamilnad Mercantile Bank Stock price is ₹439.29 which is ₹105.96 below 52-week high of ₹545.25 and ₹21.19 above 52-week low of ₹418.1
52-Week High Low
- Tamilnad Mercantile Bank 52-Week High is ₹545.25 occured on Mon 18 Dec 2023
- Tamilnad Mercantile Bank 52-Week Low is ₹418.1 occured on Fri 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 Fri 01 Sep 2023.
- The highest closing price at which Tamilnad Mercantile Bank stocks have ever closed was ₹546.7 recorded on Fri 01 Sep 2023.
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Tamilnad Mercantile Bank Recent Performance
Over the past 24 trading days, the value of Tamilnad Mercantile Bank's stock has decreased by ₹12.66 (-2.80%). On 11 Oct 2024, its one share was worth ₹451.95 and by 14 Nov 2024, the value dropped to ₹439.29. During this period it created a highest high of ₹457.95 and lowest low of ₹418.10.
Below Image represents line chart of daily close price of Tamilnad Mercantile Bank, helping you visualize how the price has changed day by day.
Tamilnad Mercantile Bank Stock Price Chart From 2022 to 2024
Tamilnad Mercantile Bank Stock Price History Table From 2022 to 2024
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| Year | Tamilnad Mercantile Bank | YOY Chg% | ↑High - ↓Low |
|---|---|---|---|
| 2022 | ₹478.60 | - | ↑ ₹548 ↓ ₹463 |
| 2023 | ₹504.45 | 5.4% | ↑ ₹611 ↓ ₹399 |
| 2024 | ₹439.29 | -13% | ↑ ₹441 ↓ ₹435 |
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 ₹9,178 by the end of 2024. This represents a negative return of -83.00% from 2022 to 2024, with a compound annual growth rate (CAGR) of -4.2%.
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Tamilnad Mercantile Bank Stock VS FD (Normal) VS FD (Compounding)
You might wonder which option is better: Tamilnad Mercantile Bank stocks, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.To help you make a well-informed decision, we have prepared a handy table that compares the returns of Tamilnad Mercantile Bank Stock with both FD choices over time.
If you invested ₹10,000 each in these 3 options in null:
| Year | Tamilnad Mercantile Bank Investment | FD Normal Investment | FD Compond Investment |
|---|---|---|---|
| 2022 | ₹10,000 | ₹10,000 | ₹10,000 |
Then today, your investment would have become this much in each option: | |||
| 2024 | ₹9,169.80 | ₹11,200.00 | ₹11,236.00 |
- Tamilnad Mercantile Bank Price Target Tomorrow
- Tamilnad Mercantile Bank Price Long Term Target
- Tamilnad Mercantile Bank Dividend History
Note: The Stock price data displayed on this web page has been adjusted for any bonus Stocks or Stock splits that occurred over time.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
