Tamilnad Mercantile Bank Ltd
CMP 563
Tamilnad Mercantile Bank Ltd., India’s oldest private-sector bank, is gaining attention for its past and strong fundamentals. With rising net profits and capital growth, the bank has grown branches, digital presence, business size, deposits, and profitability.
TMB / Hourly Chart
Recent fiscal cycles show strong business growth, double-digit income growth, and declining NPAs. Technical analysis shows a completed Elliott Wave structure, suggesting bullishness. TMB attracts value investors and momentum traders in Indian banking.
Disclaimer
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I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.