The daily read from the close of 22 Sep 2025
Computed on the morning of 23 Sep 2025 (simulated: computed after the fact, standing on that close with only what was known then): 779 names ranked. Judged ten sessions later: the names to look at averaged +0.1% vs Nifty (4 of 5 beat it), the names to stay away from averaged -7.6% (5 of 5 trailed it), the whole field -3.8%.
The read from the close of 22 Sep 2025 · Quarter
Our calculation, not advice.
Follow in my book
rank 1 of 778
ADANIPOWER
Adani Power Ltd. · ENERGY
▲ Look at
94.2
score /100rank 1 of 778
chance it beats
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹170.25close 22 Sep
Upside reference₹177.15+4.1% · its typical 10-session rise
Downside reference₹164.19-3.6% · its typical 10-session fall
+60.5% over three months · +60.2% vs Nifty · +59.4% vs its sector · 100% of its three-month range · after results +5.2% vs Nifty · delivery rising
10 sessions on: -11.0% (-10.7% vs Nifty) —
went against the lean; upside reference not reached
Follow in my book
rank 2 of 778
USHAMART
Usha Martin Ltd.
▲ Look at
93.0
score /100rank 2 of 778
chance it beats
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹431.85close 22 Sep
Upside reference₹454.47+5.2% · its typical 10-session rise
Downside reference₹412.70-4.4% · its typical 10-session fall
+37.1% over three months · +36.7% vs Nifty · 100% of its three-month range · after results +9.2% vs Nifty · delivery rising
10 sessions on: +4.4% (+4.8% vs Nifty) —
went the way it leaned; upside reference reached
Follow in my book
rank 3 of 778
TVSMOTOR
TVS Motor Company Ltd. · AUTO
▲ Look at
91.3
score /100rank 3 of 778
chance it beats
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹3,525.60close 22 Sep
Upside reference₹3,681.04+4.4% · its typical 10-session rise
Downside reference₹3,419.87-3.0% · its typical 10-session fall
+526.9% over three months · +526.5% vs Nifty · +512.2% vs its sector · 98% of its three-month range · after results +14.5% vs Nifty · delivery rising
10 sessions on: -0.3% (+0.0% vs Nifty) —
went the way it leaned; upside reference not reached
Follow in my book
rank 4 of 778
IMFA
Indian Metals & Ferro Alloys Limited
▲ Look at
89.8
score /100rank 4 of 778
chance it beats
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹1,113.95close 22 Sep
Upside reference₹1,201.83+7.9% · its typical 10-session rise
Downside reference₹1,058.38-5.0% · its typical 10-session fall
+56.6% over three months · +56.3% vs Nifty · 100% of its three-month range · after results +12.4% vs Nifty · delivery rising
10 sessions on: +1.3% (+1.6% vs Nifty) —
went the way it leaned; upside reference not reached
Follow in my book
rank 5 of 778
TFCILTD
Tourism Finance Corporation of India Limited
▲ Look at
89.5
score /100rank 5 of 778
chance it beats
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹72.10close 22 Sep
Upside reference₹78.39+8.7% · its typical 10-session rise
Downside reference₹67.52-6.4% · its typical 10-session fall
+54.6% over three months · +54.2% vs Nifty · 97% of its three-month range · after results +12.2% vs Nifty · delivery rising
10 sessions on: +4.4% (+4.8% vs Nifty) —
went the way it leaned; upside reference not reached
Follow in my book
rank 778 of 778
RELINFRA
Reliance Infrastructure Limited
▼ Stay away
3.6
score /100rank 778 of 778
chance it trails
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹265.35close 22 Sep
Upside reference₹284.62+7.3% · its typical 10-session rise
Downside reference₹242.38-8.7% · its typical 10-session fall
-28.6% over three months · -29.0% vs Nifty · 10% of its three-month range · after results -18.6% vs Nifty
10 sessions on: -11.4% (-11.0% vs Nifty) —
went the way it leaned; downside reference reached
Follow in my book
rank 777 of 778
RPOWER
Reliance Power Ltd. · ENERGY
▼ Stay away
5.7
score /100rank 777 of 778
chance it trails
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹48.83close 22 Sep
Upside reference₹52.83+8.2% · its typical 10-session rise
Downside reference₹45.25-7.3% · its typical 10-session fall
-23.2% over three months · -23.5% vs Nifty · -24.3% vs its sector · 23% of its three-month range · after results -24.7% vs Nifty · delivery falling
10 sessions on: -8.7% (-8.4% vs Nifty) —
went the way it leaned; downside reference reached
Follow in my book
rank 776 of 778
HIKAL
Hikal Limited
▼ Stay away
6.2
score /100rank 776 of 778
chance it trails
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹262.90close 22 Sep
Upside reference₹272.63+3.7% · its typical 10-session rise
Downside reference₹248.27-5.6% · its typical 10-session fall
-26.9% over three months · -27.2% vs Nifty · 12% of its three-month range · after results -13.8% vs Nifty · delivery falling
10 sessions on: -4.8% (-4.5% vs Nifty) —
went the way it leaned; downside reference not reached
Follow in my book
rank 775 of 778
NEWGEN
Newgen Software Technologies Ltd. · IT
▼ Stay away
6.8
score /100rank 775 of 778
chance it trails
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹898.10close 22 Sep
Upside reference₹958.66+6.7% · its typical 10-session rise
Downside reference₹844.49-6.0% · its typical 10-session fall
-22.1% over three months · -22.5% vs Nifty · -13.2% vs its sector · 22% of its three-month range · after results -18.1% vs Nifty · delivery falling
10 sessions on: -1.7% (-1.3% vs Nifty) —
went the way it leaned; downside reference not reached
Follow in my book
rank 774 of 778
CAMLINFINE
Camlin Fine Sciences Limited
▼ Stay away
8.0
score /100rank 774 of 778
chance it trails
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹226.95close 22 Sep
Upside reference₹246.86+8.8% · its typical 10-session rise
Downside reference₹217.39-4.2% · its typical 10-session fall
-24.7% over three months · -25.1% vs Nifty · 20% of its three-month range · after results -9.4% vs Nifty · delivery falling
10 sessions on: -13.3% (-12.9% vs Nifty) —
went the way it leaned; downside reference reached
Session by session · the full window
| Name | T+1 | T+2 | T+3 | T+4 | T+5 | T+6 | T+7 | T+8 | T+9 | T+10 |
|---|---|---|---|---|---|---|---|---|---|---|
| ▲ Names to look at — move vs Nifty since the close; green while ahead | ||||||||||
| ADANIPOWERAdani Power Ltd. | -4.5% | -14.5% | -11.2% | -11.9% | -11.6% | -12.7% | -9.0% | -12.2% | -10.2% | -10.7% |
| USHAMARTUsha Martin Ltd. | +2.7% | +3.8% | +5.1% | +6.1% | +12.6%▲ | +8.7%▲ | +6.3%▲ | +8.3%▲ | +4.9%▲ | +4.8%▲ |
| TVSMOTORTVS Motor Company Ltd. | -0.2% | -1.5% | -2.1% | -1.0% | -0.2% | -0.1% | -0.5% | -0.7% | +0.1% | +0.0% |
| IMFAIndian Metals & Ferro Alloys Limited | +4.5% | +6.0% | +5.3% | +3.0% | +2.7% | +1.8% | +3.5% | +6.3% | +4.9% | +1.6% |
| TFCILTDTourism Finance Corporation of India Limited | +1.1% | +1.7% | +2.1% | +2.9% | +2.3% | +4.1% | +3.6% | +3.8% | +5.5% | +4.8% |
| ▼ Names to stay away from — move vs Nifty since the close; green while behind | ||||||||||
| RELINFRAReliance Infrastructure Limited | -0.1% | -2.6% | -3.4% | -4.7% | -4.4% | -6.4%▼ | -6.7%▼ | -4.7%▼ | -7.6%▼ | -11.0%▼ |
| RPOWERReliance Power Ltd. | -1.9% | -4.3% | -4.5% | -6.2%▼ | -5.8%▼ | -6.8%▼ | -5.0%▼ | -3.6%▼ | -6.6%▼ | -8.4%▼ |
| HIKALHikal Limited | -0.9% | -0.6% | -0.4% | -0.8% | -2.5% | -2.0% | -1.6% | -2.1% | -3.2% | -4.5% |
| NEWGENNewgen Software Technologies Ltd. | -1.4% | -1.9% | +2.5% | +1.1% | -0.1% | +1.4% | +1.6% | +0.5% | -1.2% | -1.3% |
| CAMLINFINECamlin Fine Sciences Limited | -0.3% | -0.6% | -2.2% | -5.0%▼ | -9.6%▼ | -11.6%▼ | -14.7%▼ | -13.1%▼ | -12.4%▼ | -12.9%▼ |
| Look at, ahead of Nifty | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 4/5 | 4/5 |
| … on the record | 49% | 50% | 52% | 52% | 52% | 51% | 51% | 51% | 50% | 50% |
| Stay away, behind Nifty | 5/5 | 5/5 | 4/5 | 4/5 | 5/5 | 4/5 | 4/5 | 4/5 | 5/5 | 5/5 |
| … on the record | 55% | 55% | 54% | 54% | 55% | 55% | 54% | 54% | 55% | 54% |
| Spread, look-at minus stay-away | +1.6% | +1.1% | +1.5% | +2.9% | +5.6% | +5.4% | +6.0% | +5.7% | +7.3% | +7.7% |
| … on the record | — | — | — | — | — | — | — | — | — | — |
Each cell is the name's move from the close of 22 Sep minus Nifty's over the same sessions, at that session's close. A ▲ or ▼ marks the first session by which the card's upside or downside reference had printed. The on the record rows are what every past call has done at that point — 1,865 calls a side — so a day can be read against what usually happens, not just against zero. Sessions are the name's own; a name that did not trade on a day is measured on the sessions it did.
The whole field · every name
| Rank | Company | Score | Chance | Close | Move, three months | vs Nifty | vs sector | Range | After results | Delivery | 10 sessions on | vs Nifty |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 look at | ADANIPOWERAdani Power Ltd. | 94.2 | 51% | ₹170.25 | +60.5% | +60.2% | +59.4% | 100% | +5.2% | +6.5 pp | -11.0% | -10.7% |
| 2 look at | USHAMARTUsha Martin Ltd. | 93.0 | 51% | ₹431.85 | +37.1% | +36.7% | — | 100% | +9.2% | +6.0 pp | +4.4% | +4.8% |
| 3 look at | TVSMOTORTVS Motor Company Ltd. | 91.3 | 51% | ₹3,525.60 | +526.9% | +526.5% | +512.2% | 98% | +14.5% | +2.1 pp | -0.3% | +0.0% |
| 4 look at | IMFAIndian Metals & Ferro Alloys Limited | 89.8 | 51% | ₹1,113.95 | +56.6% | +56.3% | — | 100% | +12.4% | +2.4 pp | +1.3% | +1.6% |
| 5 look at | TFCILTDTourism Finance Corporation of India Limited | 89.5 | 51% | ₹72.10 | +54.6% | +54.2% | — | 97% | +12.2% | +3.0 pp | +4.4% | +4.8% |
| 774 stay away | CAMLINFINECamlin Fine Sciences Limited | 8.0 | 52% | ₹226.95 | -24.7% | -25.1% | — | 20% | -9.4% | -9.6 pp | -13.3% | -12.9% |
| 775 stay away | NEWGENNewgen Software Technologies Ltd. | 6.8 | 52% | ₹898.10 | -22.1% | -22.5% | -13.2% | 22% | -18.1% | -13.4 pp | -1.7% | -1.3% |
| 776 stay away | HIKALHikal Limited | 6.2 | 52% | ₹262.90 | -26.9% | -27.2% | — | 12% | -13.8% | -4.8 pp | -4.8% | -4.5% |
| 777 stay away | RPOWERReliance Power Ltd. | 5.7 | 52% | ₹48.83 | -23.2% | -23.5% | -24.3% | 23% | -24.7% | -14.2 pp | -8.7% | -8.4% |
| 778 stay away | RELINFRAReliance Infrastructure Limited | 3.6 | 52% | ₹265.35 | -28.6% | -29.0% | — | 10% | -18.6% | — | -11.4% | -11.0% |
Score ranks every name on six checks over three months, each placed from first to last across the field, then blended: the move and the move against Nifty 30% (on one day and one period they order the field the same way, so they count once), against the sector 20%, where the close sits between the period's high and low 20%, the move against Nifty in the ten sessions after each result in the period 15% (* its last result before the period when there was none), and delivery over the second half of the period against the first half 15%. A missing check's weight is shared among the rest. Chance is the historical rate at which names ranked in the same tenth on this period went the way that tenth leans — blank until a tenth has a hundred judged rows. Every call is judged ten sessions after the close against Nifty, whatever the period.