Tamilnad Mercantile Bank Limit : 27-Dec-2024 : Stock market live price: 458.5 , 0.75% down from Yesterday

Introduction

Step into the dynamic world of Tamilnad Mercantile Bank Limit with our comprehensive analysis. As a key player in the Indian stock market, Tamilnad Mercantile Bank Limit commands attention with its notable presence. Our report conducts a thorough examination of its recent trading performance, honing in on the activities observed on the latest trading day, 27-Dec-2024.

Over the span of just one day, from the 26-Dec-24 to the 27-Dec-2024, the analytics field experienced notable shifts in prices. The open price surged from Rs. 460 to Rs. 464.45, marking a substantial increase. Similarly, the close price saw a slight down from Rs. 461 to Rs. 458.5. The analytics market showed a high price rise from Rs. 463.95 to Rs. 464.45, reflecting active trading, and the low price moved from Rs. 457.6 to Rs. 456

The number of shares traded shifted from 14105 to 10123. Similarly, the number of trades transitioned from 656 to 800. This update in trading activity led to a dynamic change in net turnover, which drop from Rs. 6492384 to Rs. 4644047. This indicates increased buying and selling activity, with a significant amount of money moving around in the market during this period.

There was a noticeable change in market activity on the NSE and BSE. The total number of trades across both exchanges jumped from 4448 to 3262. Additionally, the volume of shares traded also saw a significant change, going from 76339 to 49594. This indicates a surge in trading activity, suggesting that more investors were actively buying and selling shares.

The absence of Bulk , Block , internal , deals during this time further underscores the organic nature of this increased activity, suggesting a wider participation from investors and a higher transaction volume within this period.