The daily read from the close of 23 Sep 2025
Computed on the morning of 24 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 (3 of 5 beat it), the names to stay away from averaged -5.8% (5 of 5 trailed it), the whole field -3.0%.
The read from the close of 23 Sep 2025 · Quarter
Our calculation, not advice.
Follow in my book
rank 1 of 778
USHAMART
Usha Martin Ltd.
▲ Look at
94.1
score /100rank 1 of 778
chance it beats
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹442.75close 23 Sep
Upside reference₹465.96+5.2% · its typical 10-session rise
Downside reference₹422.91-4.5% · its typical 10-session fall
+42.8% over three months · +42.0% vs Nifty · 100% of its three-month range · after results +9.2% vs Nifty · delivery rising
10 sessions on: +0.8% (+1.2% vs Nifty) —
went the way it leaned; upside reference reached
Follow in my book
rank 2 of 778
TVSMOTOR
TVS Motor Company Ltd. · AUTO
▲ Look at
91.1
score /100rank 2 of 778
chance it beats
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹3,512.70close 23 Sep
Upside reference₹3,667.57+4.4% · its typical 10-session rise
Downside reference₹3,407.78-3.0% · its typical 10-session fall
+532.1% over three months · +531.3% vs Nifty · +515.6% vs its sector · 97% of its three-month range · after results +14.5% vs Nifty · delivery rising
10 sessions on: -0.8% (-0.4% vs Nifty) —
went against the lean; upside reference not reached
Follow in my book
rank 3 of 778
TFCILTD
Tourism Finance Corporation of India Limited
▲ Look at
90.9
score /100rank 3 of 778
chance it beats
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹72.80close 23 Sep
Upside reference₹79.14+8.7% · its typical 10-session rise
Downside reference₹68.18-6.3% · its typical 10-session fall
+55.3% over three months · +54.5% vs Nifty · 100% of its three-month range · after results +12.2% vs Nifty · delivery rising
10 sessions on: +3.2% (+3.7% vs Nifty) —
went the way it leaned; upside reference not reached
Follow in my book
rank 4 of 778
ADANIPOWER
Adani Power Ltd. · ENERGY
▲ Look at
90.3
score /100rank 4 of 778
chance it beats
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹162.35close 23 Sep
Upside reference₹168.94+4.1% · its typical 10-session rise
Downside reference₹156.57-3.6% · its typical 10-session fall
+50.9% over three months · +50.1% vs Nifty · +50.3% vs its sector · 87% of its three-month range · after results +5.2% vs Nifty · delivery rising
10 sessions on: -8.4% (-7.9% vs Nifty) —
went against the lean; upside reference not reached
Follow in my book
rank 5 of 778
GABRIEL
Gabriel India Ltd. · AUTO
▲ Look at
88.6
score /100rank 5 of 778
chance it beats
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹1,289.50close 23 Sep
Upside reference₹1,388.70+7.7% · its typical 10-session rise
Downside reference₹1,213.57-5.9% · its typical 10-session fall
+117.7% over three months · +117.0% vs Nifty · +101.3% vs its sector · 96% of its three-month range · after results +8.9% vs Nifty
10 sessions on: +2.1% (+2.6% 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
4.4
score /100rank 778 of 778
chance it trails
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹264.80close 23 Sep
Upside reference₹283.63+7.1% · its typical 10-session rise
Downside reference₹242.17-8.5% · its typical 10-session fall
-29.8% over three months · -30.6% vs Nifty · 10% of its three-month range · after results -18.6% vs Nifty
10 sessions on: -12.2% (-11.7% 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
5.5
score /100rank 777 of 778
chance it trails
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹47.84close 23 Sep
Upside reference₹51.71+8.1% · its typical 10-session rise
Downside reference₹44.34-7.3% · its typical 10-session fall
-23.6% over three months · -24.4% vs Nifty · -24.2% vs its sector · 20% of its three-month range · after results -24.7% vs Nifty · delivery falling
10 sessions on: -6.4% (-5.9% vs Nifty) —
went the way it leaned; downside reference not reached
Follow in my book
rank 776 of 778
NEWGEN
Newgen Software Technologies Ltd. · IT
▼ Stay away
6.4
score /100rank 776 of 778
chance it trails
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹884.20close 23 Sep
Upside reference₹943.49+6.7% · its typical 10-session rise
Downside reference₹831.42-6.0% · its typical 10-session fall
-23.4% over three months · -24.2% vs Nifty · -15.2% vs its sector · 18% of its three-month range · after results -18.1% vs Nifty · delivery falling
10 sessions on: -1.1% (-0.6% vs Nifty) —
went the way it leaned; downside reference not reached
Follow in my book
rank 775 of 778
HIKAL
Hikal Limited
▼ Stay away
6.7
score /100rank 775 of 778
chance it trails
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹260.10close 23 Sep
Upside reference₹269.69+3.7% · its typical 10-session rise
Downside reference₹245.63-5.6% · its typical 10-session fall
-27.2% over three months · -28.0% vs Nifty · 9% of its three-month range · after results -13.8% vs Nifty · delivery falling
10 sessions on: -3.7% (-3.2% vs Nifty) —
went the way it leaned; downside reference not reached
Follow in my book
rank 774 of 778
PGEL
PG Electroplast Ltd. · CONSUMER DURABLES
▼ Stay away
8.7
score /100rank 774 of 778
chance it trails
Nifty in 10 sessions
Nifty in 10 sessions
Entry reference₹558.20close 23 Sep
Upside reference₹597.69+7.1% · its typical 10-session rise
Downside reference₹532.77-4.6% · its typical 10-session fall
-24.1% over three months · -24.9% vs Nifty · -28.5% vs its sector · 21% of its three-month range · after results -6.8% vs Nifty · delivery falling
10 sessions on: -7.8% (-7.3% 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 | ||||||||||
| USHAMARTUsha Martin Ltd. | +1.2% | +2.5% | +3.4% | +9.7%▲ | +6.0%▲ | +3.6%▲ | +5.5%▲ | +2.2%▲ | +2.1%▲ | +1.2%▲ |
| TVSMOTORTVS Motor Company Ltd. | -1.3% | -1.9% | -0.8% | +0.0% | +0.1% | -0.2% | -0.5% | +0.3% | +0.3% | -0.4% |
| TFCILTDTourism Finance Corporation of India Limited | +0.6% | +1.0% | +1.8% | +1.2% | +3.0% | +2.5% | +2.7% | +4.4% | +3.6% | +3.7% |
| ADANIPOWERAdani Power Ltd. | -10.5% | -7.1% | -7.9% | -7.5% | -8.7% | -4.7% | -8.1% | -6.0% | -6.5% | -7.9% |
| GABRIELGabriel India Ltd. | +0.2% | -1.6% | -2.0% | -3.3% | -6.2% | -2.4% | +1.1% | -0.5% | +2.0% | +2.6% |
| ▼ Names to stay away from — move vs Nifty since the close; green while behind | ||||||||||
| RELINFRAReliance Infrastructure Limited | -2.5% | -3.3% | -4.6% | -4.4% | -6.4%▼ | -6.7%▼ | -4.7%▼ | -7.6%▼ | -11.0%▼ | -11.7%▼ |
| RPOWERReliance Power Ltd. | -2.4% | -2.7% | -4.4% | -4.0% | -5.1% | -3.1% | -1.7% | -4.8% | -6.6% | -5.9% |
| NEWGENNewgen Software Technologies Ltd. | -0.5% | +4.0% | +2.5% | +1.3% | +2.8% | +3.1% | +1.9% | +0.2% | +0.1% | -0.6% |
| HIKALHikal Limited | +0.4% | +0.5% | +0.1% | -1.6% | -1.0% | -0.6% | -1.2% | -2.3% | -3.6% | -3.2% |
| PGELPG Electroplast Ltd. | -2.0% | -2.2% | -5.8%▼ | -7.5%▼ | -7.8%▼ | -7.2%▼ | -6.8%▼ | -7.0%▼ | -6.4%▼ | -7.3%▼ |
| Look at, ahead of Nifty | 3/5 | 2/5 | 2/5 | 3/5 | 3/5 | 2/5 | 3/5 | 3/5 | 4/5 | 3/5 |
| … on the record | 49% | 50% | 52% | 52% | 52% | 51% | 51% | 51% | 50% | 50% |
| Stay away, behind Nifty | 4/5 | 3/5 | 3/5 | 4/5 | 4/5 | 4/5 | 4/5 | 4/5 | 4/5 | 5/5 |
| … on the record | 55% | 55% | 54% | 54% | 55% | 55% | 54% | 54% | 55% | 54% |
| Spread, look-at minus stay-away | -0.5% | -0.7% | +1.3% | +3.2% | +2.3% | +2.6% | +2.6% | +4.4% | +5.8% | +5.6% |
| … on the record | — | — | — | — | — | — | — | — | — | — |
Each cell is the name's move from the close of 23 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 · top 50 and bottom 50
| Rank | Company | Score | Chance | Close | Move, three months | vs Nifty | vs sector | Range | After results | Delivery | 10 sessions on | vs Nifty |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 look at | USHAMARTUsha Martin Ltd. | 94.1 | 51% | ₹442.75 | +42.8% | +42.0% | — | 100% | +9.2% | +7.0 pp | +0.8% | +1.2% |
| 2 look at | TVSMOTORTVS Motor Company Ltd. | 91.1 | 51% | ₹3,512.70 | +532.1% | +531.3% | +515.6% | 97% | +14.5% | +2.1 pp | -0.8% | -0.4% |
| 3 look at | TFCILTDTourism Finance Corporation of India Limited | 90.9 | 51% | ₹72.80 | +55.3% | +54.5% | — | 100% | +12.2% | +4.0 pp | +3.2% | +3.7% |
| 4 look at | ADANIPOWERAdani Power Ltd. | 90.3 | 51% | ₹162.35 | +50.9% | +50.1% | +50.3% | 87% | +5.2% | +5.5 pp | -8.4% | -7.9% |
| 5 look at | GABRIELGabriel India Ltd. | 88.6 | 51% | ₹1,289.50 | +117.7% | +117.0% | +101.3% | 96% | +8.9% | +1.2 pp | +2.1% | +2.6% |
| 774 stay away | PGELPG Electroplast Ltd. | 8.7 | 52% | ₹558.20 | -24.1% | -24.9% | -28.5% | 21% | -6.8% | -9.8 pp | -7.8% | -7.3% |
| 775 stay away | HIKALHikal Limited | 6.7 | 52% | ₹260.10 | -27.2% | -28.0% | — | 9% | -13.8% | -4.6 pp | -3.7% | -3.2% |
| 776 stay away | NEWGENNewgen Software Technologies Ltd. | 6.4 | 52% | ₹884.20 | -23.4% | -24.2% | -15.2% | 18% | -18.1% | -11.6 pp | -1.1% | -0.6% |
| 777 stay away | RPOWERReliance Power Ltd. | 5.5 | 52% | ₹47.84 | -23.6% | -24.4% | -24.2% | 20% | -24.7% | -13.6 pp | -6.4% | -5.9% |
| 778 stay away | RELINFRAReliance Infrastructure Limited | 4.4 | 52% | ₹264.80 | -29.8% | -30.6% | — | 10% | -18.6% | — | -12.2% | -11.7% |
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.