The stock debuted on the BSE at ₹179.10, registering a 19.4% gain over its IPO price of ₹150. On the NSE, it opened at ₹178, indicating an 18.7% premium.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.