Case study

TMB

Tamilnad Mercantile Bank

Worth a closer look1y model +23.9%

Each stock's 10,000-path forecast, rendered as light.

0Score

Tamilnad Mercantile Bank (TMB) Stock Analysis & Case Study

Is TMB a good buy? The data-driven verdict.

on the numbers it worth a closer look, a Downstox Snapshot Score of 58/100.

On the numbers, Tamilnad Mercantile Bank (TMB) worth a closer look, a Downstox Snapshot Score of 58/100, weighing a 77% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 20272031.

Last updated . Data snapshot for research, not investment advice.

TMB share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of TMB history (25%/yr drift, 28%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
TMB 2027₹672₹968₹1,392+24%
TMB 2028₹714₹1,192₹1,994+53%
TMB 2029₹783₹1,456₹2,731+87%
TMB 2030₹875₹1,801₹3,693+131%
TMB 2031₹995₹2,218₹4,978+184%

Median (P50) is the central estimate; the P10–P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability TMB goes up, or doubles?

77%
Higher in 1 year
Modelled chance the price is above today in 12 months
95%
Higher in 5 years
Modelled chance the price is above today in 5 years
72%
Doubles in 5 years
Modelled chance of reaching ₹1,561 within 5 years

The bull case for TMB

  • A 10,000-path probability model puts a 77% chance the price is higher in a year, with a median target of ₹968 (+24%).
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹2,731.

The bear case & risks

  • No model or past record guarantees future returns, treat this as one input, not a decision.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹783.

TMB volatility & expected range, how bumpy is the ride?

Over the last 2.0 years TMB compounded at 25%/year with annualized volatility of 28%. That volatility implies a 1-year 80% range of ₹672₹1,392, the honest backbone behind any single price target.

TMB price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.0 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
23.9%
80% range₹672–₹1,392
P(price ↑)77%
P(price 2×)5%
3-Year Forecast
2029
₹0
Median (P50)
86.6%
80% range₹783–₹2,731
P(price ↑)90%
P(price 2×)44%
5-Year Forecast
2031
₹0
Median (P50)
184.2%
80% range₹995–₹4,978
P(price ↑)95%
P(price 2×)72%

TMB price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
TMB simulated paths · 60 months · 10,000 trials
P10–P90 (80%)P25–P75 (50%)Median (P50)

Probability of key outcomes

What are the odds TMB hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the TMB price target & forecast page.

TMB MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

Margin Trading Facility lets you buy TMB with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.0%2.9×
ZerodhaCHEAPEST30.9%3.2×
DhanCHEAPEST30.9%3.2×

Compare every broker on the TMB MTF page.

TMB vs peers,sector comparison

StockP/EDiv yieldMarket cap
TMB (this stock)
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr
SBIN11.5×1.67%₹9.61L Cr

About Tamilnad Mercantile Bank: sector, index & market-cap context

Tamilnad Mercantile Bank (TMB) is an NSE-listed company.

How the TMB Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Tamilnad Mercantile Bank's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

TMB analysis, FAQs

Is Tamilnad Mercantile Bank (TMB) a good buy?

On the numbers, Tamilnad Mercantile Bank (TMB) worth a closer look, a Downstox Snapshot Score of 58/100, weighing a 77% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is TMB overvalued or undervalued?

Valuation ratios for TMB are tracked live on Downstox.

What is the TMB share price target for 2031?

TMB's probability-weighted 2031 median target is ₹2,218, with an 80% range of ₹995₹4,978 (10,000-path Monte-Carlo).

What is the probability TMB doubles in 5 years?

The modelled probability of TMB reaching ₹1,561 (2×) within 5 years is 72%.

What is the bull case for TMB?

A 10,000-path probability model puts a 77% chance the price is higher in a year, with a median target of ₹968 (+24%).

What are the risks in TMB?

No model or past record guarantees future returns, treat this as one input, not a decision.

More on TMB