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Tamilnad Mercantile Bank Share Price Target 2024, 2025, 2026 to 2039 With Charts
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 Brief Company Overview
- 1.1: Tambourah Metals Limited: A Rising Star in Mineral Exploration
- 1.1.1: Diverse Portfolio and Geographic Reach:
- 1.1.2: Commitment to Growth and Innovation:
- 1.2: Tamilnad Mercantile Bank Financial Performance
- 1.2.1: Is Tamilnad Mercantile Bank A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Tamilnad Mercantile Bank Share Price Target For 2024
- 2.1.1: Tamilnad Mercantile Bank Share Price Target Table For 2024
- 2.1.2: Summary: Tamilnad Mercantile Bank Share Price Prediction For 2024
- 2.2: Tamilnad Mercantile Bank Share Price Target For 2025
- 2.2.1: Tamilnad Mercantile Bank Share Price Target Table For 2025
- 2.2.2: Summary: Tamilnad Mercantile Bank Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Tamilnad Mercantile Bank Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Tamilnad Mercantile Bank Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Tamilnad Mercantile Bank Past Performance
Tamilnad Mercantile Bank Brief Company Overview
Tambourah Metals Limited: A Rising Star in Mineral Exploration
Established in 2020, Tambourah Metals Limited is a dynamic player in the mineral exploration industry, headquartered in Perth, Australia.
Diverse Portfolio and Geographic Reach:
- Engages in exploration and development of gold, lithium, nickel, copper, and platinum group elements.
- Holds interests in numerous projects across Western Australia, covering a significant land area.
Commitment to Growth and Innovation:
Tambourah Metals is driven by a commitment to:
- Uncovering new mineral resources.
- Leveraging its expertise and technology to maximize exploration potential.
With a diverse product range and a strategic focus on key mineral assets, Tambourah Metals is well-positioned to capitalize on emerging opportunities in the global mineral markets.
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Tamilnad Mercantile Bank Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 7,426.75 Crore | Market valuation of Tamilnad Mercantile Bank's shares. |
| Revenue (TTM) | 2,707.63 Crore | Total revenue generated by Tamilnad Mercantile Bank over the past twelve months. |
| Net Income (TTM) | +1,072.03 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 48.48% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 39.59% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +8.2% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +2.77% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 0.16 | Company's total debt divided by total shareholder equity. |
| Total Debt | 1,301.15 Crore | Sum of Tamilnad Mercantile Bank's current & long-term financial obligations. |
| Total Cash | 3,568.11 Crore | Total amount of liquid funds available to Tamilnad Mercantile Bank. |
Is Tamilnad Mercantile Bank A Good Buy For Long Term?
Tamilnad Mercantile Bank, a midcap stock with a market cap of 7,517.72 Crore, has been observing a positive trend in net profit, which has increased by 2.77% compared to the same quarter last year. However, its recent quarterly report shows a moderate debt level of 1,301.15 Crore. While it maintains a strong cash balance of 3,568.11 Crore, the bank's revenue growth has been marginal at 8.2% compared to the previous quarter. Despite a promising past 12 months return of 14.80%, the current negative returns indicate a need for caution. Considering these factors, Tamilnad Mercantile Bank may be an average buy for long-term investment, but it's advisable to monitor its future performance before making a substantial investment.
To predict the Tamilnad Mercantile Bank's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Tamilnad Mercantile Bank Share Price Target For 2024
The line chart displays the monthly closing prices of Tamilnad Mercantile Bank with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Tamilnad Mercantile Bank shares in 2024, see the table below.
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Tamilnad Mercantile Bank Share Price Target Table For 2024
| Tamilnad Mercantile Bank's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 449.85 (+2.4%) | Price Action: 10 Oct 2024 Low |
| 2024 Target 2 | 445.31 (+1.37%) | Fibonacci Extension Level 171.8% |
| 2024 Target 1 | 440.71 (+0.32%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 439.29 | Tamilnad Mercantile Bank's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 438.71 (-0.14%) | Fibonacci Retracement Level 38.2% |
| Stop Loss 2 | 433.95 (-1.22%) | Price Action: 25 Oct 2024 High |
| Stop Loss 3 | 427.35 (-2.72%) | Price Action: 23 Oct 2024 Low |
Summary: Tamilnad Mercantile Bank Share Price Prediction For 2024
In summary, Tamilnad Mercantile Bank has declined by ₹-65.16, recording a notable -12.92% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Tamilnad Mercantile Bank for 2024 predicts an additional rise of 0.32% to 2.4% by the end of 2024 with three potential targets T1: 440.71, T2: 445.31, T3: 449.85. Stop Loss at SL1: 438.71, SL2: 433.95, SL3: 427.35.
Tamilnad Mercantile Bank has a 52-week high of ₹545.25, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹418.10, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Tamilnad Mercantile Bank.
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Tamilnad Mercantile Bank Share Price Target For 2025
The line chart displays the monthly closing prices of Tamilnad Mercantile Bank with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Tamilnad Mercantile Bank shares in 2025, see the table below.
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Tamilnad Mercantile Bank Share Price Target Table For 2025
| Tamilnad Mercantile Bank's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 536.87 (+22.21%) | Custom Fibonacci Extension Lvl 82% |
| 2025 Target 2 | 521.69 (+18.75%) | Price Action: Chart |
| 2025 Target 1 | 516.52 (+17.58%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 439.29 | Tamilnad Mercantile Bank's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 418.10 (-4.83%) | Price Action: 25 Oct 2024 Low |
| Stop Loss 2 | 409.00 (-6.9%) | Price Action: May 2023 Low |
| Stop Loss 3 | 402.35 (-8.41%) | Price Action: Jul 2023 Low |
Summary: Tamilnad Mercantile Bank Share Price Prediction For 2025
In summary, Tamilnad Mercantile Bank has declined by ₹-65.16, recording a notable -12.92% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Tamilnad Mercantile Bank for 2025 predicts an additional rise of 17.58% to 22.21% by the end of 2025 with three potential targets T1: 516.52, T2: 521.69, T3: 536.87. Stop Loss at SL1: 418.10, SL2: 409.00, SL3: 402.35.
Tamilnad Mercantile Bank has a All-Time high of ₹611.35, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹418.10, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Tamilnad Mercantile Bank, we have created a specific page for that check here: Tamilnad Mercantile Bank Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Tamilnad Mercantile Bank Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Tamilnad Mercantile Bank share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -2.36% over the next 15 years.
For complete year by year Tamilnad Mercantile Bank long term share price target from 2024, 2025 to 2039 check the below table.
Tamilnad Mercantile Bank Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Tamilnad Mercantile Bank Target | YoY Change % |
|---|---|---|
| 2024 | ₹439.29 | [Current Price] |
| 2024 | ₹450.46 | 2.54% |
| 2025 | ₹417.44 | -7.34% |
| 2026 | ₹384 | -8.02% |
| 2027 | ₹358 | -6.78% |
| 2028 | ₹335.31 | -6.34% |
| 2029 | ₹310.97 | -7.26% |
| 2030 | ₹309.08 | -0.61% |
| 2031 | ₹287.36 | -7.04% |
| 2032 | ₹337.23 | 17.35% |
| 2033 | ₹327.29 | -2.95% |
| 2034 | ₹316.02 | -3.45% |
| 2035 | ₹297.02 | -6.02% |
| 2036 | ₹336.14 | 13.17% |
| 2037 | ₹327.24 | -2.65% |
| 2038 | ₹321.61 | -1.73% |
| 2039 | ₹322.49 | 0.27% |
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Tamilnad Mercantile Bank Past Performance
- In 2022, Tamilnad Mercantile Bank opening price was ₹495
- As of Thu 14 Nov 2024 the price stands at ₹439.29.
- This represents a Compound Annual Growth Rate (CAGR) of -3.9%.
- In 2 years, an investment of 10,000 would have become ₹8,874.54.
As we wrap up, we hope you like our study on Tamilnad Mercantile Bank share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Tamilnad Mercantile Bank Share Price History
- Tamilnad Mercantile Bank Price Target Tomorrow
- Tamilnad Mercantile Bank Dividend History
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.
