Tamilnad Mercantile Bank Ltd
TAMI.IN
$5.81
Closing
▲0.58%
1D
▼-3.71%
YTD
Market cap
$919.68M
52 week high
$7.31
52 week low
$4.80
Volume
42,369
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Market cap
$919.68M
Analysts' Rating
-
Price Target (Mean)
Unable to collect data for some field(s).
Total Analysts
0
P/E
7.44
Operating Margin
0.00%
Beta
Revenue Growth (Annual)
-0.03%
52 week high
$7.31
52 week low
$4.80
Div. Yield
4.12%
EPS Annual Growth
0.00
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Tamilnad Mercantile Bank Limited (the Bank) is an India-based banking company. The Bank is engaged in providing a wide range of banking and financial services involving retail, corporate banking and para-banking activities, in addition to treasury and foreign exchange business. Its segments include Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations. It offers banking products and services to retail, micro, small and medium enterprises (MSME), agricultural and corporate customers. The Banks’s retail asset products include home loans, personal loans, auto loans, educational loans, business loans as well as security-backed loans of various types to its retail customers. For corporate customers, it offers various loans to corporates, in textiles and other industries, with its assortment of banking products and services including working capital, term financial, trade financial, foreign exchange business funding in domestic and foreign currencies.
