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Showing posts with the label tmb share price

Share Prices as on 29/11/2012

COMPANY NAME : OUR  BUY PRICE OUR  SELL PRICE Aricent Tech 45 70 ABCL 22 30 Axles India 20 35 Associated Pigment 15 55 Aspin Wall 100 150 Arch Pharma 225 350 Alembic Glass (Shreno Ltd)  EX BONUS 2:1 NOV'2012 700 950 A V Thomas & Co 1400 2400 Avery India 60 110 Anup Engg 375 650 Abacus Computer 3 ACE DERIVATIVES AND COMMD. EXCHN 10 Ahmedabad S E 30 40 Bharti Teletech Ex Payout 325 BINANI CEMENTS 55 95 Bharati Telecom 3400 3800 Bausch & Lomb (Rayban Optics) 50 95 Bennet & Colman Ex Bonus 8:1 2000 Bharat Hotel 100 130 Bharat Nidhi 10500 14500 Bosch Chasis 300 550 Bse 195 225 Baroda Power 10000 30000 Bangalore S E 10 13.5 Camac Commercial (Phy) 4750 Catholic Syrian Bank 135 185 Cadbury 1600 2000 Carrier Aircon 50 90 Chemundrum Ispat Calcutta Stock Exchange 1200 2000 Cochin Int. Airport 105 175 Cross Country Hotel 6 10 Capricorn 75 Delhi Stock Exchange 13 20 Eastern Investment 3000 4500 Essar Steel 35 40 ELCID INVESTEMENTS 4 ...

TMB declares highest-ever dividend

The board of Tuticorin-headquartered  Tamilnad Mercantile Bank  (TMB) has approved an interim dividend of Rs 900 per share of Rs 10 each (2012-13), which is the highest in terms of percentage.  Bank’s managing director and chief executive officer  AK Jagannathan  said this would translate to around Rs 25 crore. He was speaking after launching its mobile banking solution. “This is the first time in the history of the bank that such a big interim dividend is being paid and it will be one of the highest in the banking industry in the country,” said Jagannathan. The 90-year-old Tamilnad Mercantile Bank has reported 25 per cent growth in net profit, at Rs 313 crore, in 2011-12, and set a target of Rs 500 crore by 2015, with a total business of Rs 62,000 crore. The Nadar community-promoted bank is one of the fastest growing among the 17 small-sized banks in the country . Jagannathan said year-on-year the bank grew 26 per cent and between April and Decem...