S6/10Geopolitical

Tamilnad Mercantile Bank shares surge 5% after strong Q1FY27 business update

Tamilnad Mercantile Bank shares rose sharply on Thursday after the lender reported strong Q1FY27 business growth. Total business rose 23% year-on-year, driven by a 27% jump in advances and nearly 20% growth in deposits. Rising institutional ownership and a bullish technical setup further supported investor sentiment toward the stock.

02 Jul 2026, 05:24 UTCSource: Economic TimesOriginal source
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Эскалация38% model probability

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