TIMB stock reaches a fresh 52-week high in India

TIMB stock moved to a fresh 52-week high, with Tamilnad Mercantile Bank trading at Rs 942.35 on September 3, 2026. The bank was also quoted at a market cap of Rs 14,378.31 crore.

Tamilnad Mercantile Bank Ltd. stock (ISIN US88706P2035) traded at Rs 942.35 on September 3, 2026, after touching a fresh 52-week high of Rs 942.75, while the market value stood at Rs 14,378.31 crore. The move left the shares 3.78 percent above the previous close of Rs 908.

Fresh high, higher valuation

According to Univest, the stock reached its new 52-week high during morning trade and later held close to that level. That puts the share price within 0.04 percent of the intraday peak, a narrow gap that traders often read as a firm chart signal.

The same market snapshot also shows a rise of Rs 34.35 versus the previous close, which is a concrete day-on-day gain of 3.78 percent. For investors, the combination of a fresh high and a Rs 14,378.31 crore market cap matters more than the headline move alone.

Banking context stays central

Tamilnad Mercantile Bank is a deposit-taking lender in India, so the market is tracking both the share price and the bank's ability to sustain earnings momentum. The current move came with a 52-week high of Rs 942.75 and a trading level of Rs 942.35, which keeps valuation discussions tied to the same-day price action.

That is the key point for the stock: the market is no longer pricing the name around the previous close of Rs 908, but around a higher intraday range seen on September 3, 2026.

Product angle

The bank's core product set is straightforward: deposits, lending, and fee-based banking services. For a regional lender, a stronger share price usually reflects confidence in that mix rather than a single product launch.

Price and market value

As of September 3, 2026, Tamilnad Mercantile Bank stock was quoted at Rs 942.35 on the Indian market, with a market capitalization of Rs 14,378.31 crore. The stock's fresh 52-week high was Rs 942.75, and the previous close was Rs 908.

Tamilnad Mercantile Bank at a glance

• Company: Tamilnad Mercantile Bank Ltd.
• ISIN: US88706P2035
• Ticker: TMB
• Trading venue: India market
• Price (as of September 3, 2026): Rs 942.35 INR
• Market capitalization: Rs 14,378.31 crore (as of September 3, 2026)
• Sector / Industry: Financials / Banks