India's Tamilnad Mercantile Bank jumps after quarterly profit rises
27/07/2026 10:12
BUZZ-India's Tamilnad Mercantile Bank jumps after quarterly profit rises ** Shares of India's Tamilnad Mercantile Bank TAMI.NS jump 7.78% to 867.90 rupees
** Stock on track for biggest intraday pct jump since April 27
** Co's June quarter net profit rises about 35% year-on-year to 4.12 billion rupees ($42.96 million)
** Co's Q1 interest earned also jumps 19.92% y/y to 16.62 billion rupees
** Trading vols at 1.87 million shares, more than 8 times the 30-day average of 229,637 shares
** YTD stock up 69.93%
($1 = 95.8950 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
Recent news on Tamilnad Mercantile Bank
See all newsIndia's Tamilnad Mercantile Bank jumps after quarterly profit rises
Brief: Tamilnad Mercantile Bank Q1 Net Profit 4.12 Billion Rupees
Brief: Tamilnad Mercantile Bank Ltd Says Delhi Tribunal Reduces Tax Penalty From 170 Million Rupees To 34 Million Rupees
Brief: Tamilnad Mercantile Bank Appellate Tribunal Under SAFEMA Dismisses Appeal Against Co
Brief: Tamilnad Mercantile Bank Says One Year MCLR Revised To 9.35% From 9.25%