Tamilnad Mercantile (India) Analysis

Tamilnad Stock Analysis Notes

About 29.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.84. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Tamilnad Mercantile Bank recorded earning per share (EPS) of 71.24. The entity last dividend was issued on the 20th of September 2024. To find out more about Tamilnad Mercantile Bank contact Salee Nair at 91 46 1232 5136 or learn more at https://www.tmb.in.

Tamilnad Mercantile Bank Investment Alerts

Tamilnad Mercantile Thematic Classifications

Tamilnad Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 70.46 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tamilnad Mercantile's market, we take the total number of its shares issued and multiply it by Tamilnad Mercantile's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Tamilnad Profitablity

The company has Profit Margin (PM) of 0.39 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.53 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.53.

Management Efficiency

Tamilnad Mercantile Bank has return on total asset (ROA) of 0.0184 % which means that it generated a profit of $0.0184 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1426 %, meaning that it generated $0.1426 on every $100 dollars invested by stockholders. Tamilnad Mercantile's management efficiency ratios could be used to measure how well Tamilnad Mercantile manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Non Current Assets Total is expected to grow to about 608.8 B, whereas Total Assets are forecasted to decline to about 452 B.

Technical Drivers

As of the 22nd of November, Tamilnad Mercantile has the Coefficient Of Variation of (7,315), risk adjusted performance of (0.01), and Variance of 1.94. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tamilnad Mercantile Bank, as well as the relationship between them. Please validate Tamilnad Mercantile Bank maximum drawdown, as well as the relationship between the potential upside and kurtosis to decide if Tamilnad Mercantile is priced more or less accurately, providing market reflects its prevalent price of 443.65 per share.

Tamilnad Mercantile Bank Price Movement Analysis

Tamilnad Mercantile Outstanding Bonds

Tamilnad Mercantile Predictive Daily Indicators

Tamilnad Mercantile Forecast Models

Tamilnad Mercantile's time-series forecasting models are one of many Tamilnad Mercantile's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Tamilnad Mercantile's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Tamilnad Mercantile prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Tamilnad shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Tamilnad Mercantile. By using and applying Tamilnad Stock analysis, traders can create a robust methodology for identifying Tamilnad entry and exit points for their positions.

When running Tamilnad Mercantile's price analysis, check to measure Tamilnad Mercantile's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tamilnad Mercantile is operating at the current time. Most of Tamilnad Mercantile's value examination focuses on studying past and present price action to predict the probability of Tamilnad Mercantile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tamilnad Mercantile's price. Additionally, you may evaluate how the addition of Tamilnad Mercantile to your portfolios can decrease your overall portfolio volatility.