Arihant Capital Markets Limited · ARIHANTCAP

Every Arihant Capital Markets Limited result whose ten-session window has closed, judged against the last read made before it. Open a result for the full account: the read, the sessions after, the reported figures, and every morning's read that led up to it. The company's own page →

20results judged

3read right

2read wrong

1flat / no call

14unread

35%beat the market

-2.2%avg vs market, 10d

4.7%avg move, T+1

How the reads on it fared

Read	Judged	Right	Wrong	Flat	Hit rate	Avg vs mkt
favourable	1	1	0	0	100%	+16.7%
neutral	1	0	0	1	—	-10.6%
unfavourable	2	2	0	0	100%	-4.3%
weak	2	0	2	0	0%	+6.6%
unread	14	0	0	0	—	-4.0%

A company that is often read strong and often proves it is one the model understands; one that is read strong and keeps lagging is where the model is wrong about a name, and this table is where that shows first.

Reading the rows

T+1: the share's move on the first session after the result, from the close before it
T+10: the move over ten sessions, same base
vs market: T+10 less NIFTY 50's move over the same ten sessions — the number every read is judged on
Run-up: the share's move in the thirty sessions before the result
Result: reported profit growth against the company's own last four quarters: good, in line, bad

Each result

20 judged · newest first · open one

Result	Read	Outcome	T+1	T+10	vs market	Run-up	Result	Why
24 Jul Q1FY27	neutral	neutral	-5.4%	-7.1%	-10.6%	+18%	no figures	Ran up 18% in the 30 sessions before the result — a good number had little left to reward. The market itself moved +3.4% over the same ten sessions; the raw move is mostly tide. 2 more	›
21 May Q4FY26	unfavourable	right	-1.9%	-4.8%	-3.6%	+9%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Its reversal habit held this quarter.	›
9 Feb Q3FY26	weak	wrong	-5.0%	+3.2%	+5.0%	-10%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Its usual reversal pattern did not hold this quarter.	›
6 Nov Q2FY26	unfavourable	right	-0.3%	-2.8%	-5.0%	-8%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 30.9x its prior month in the fortnight before. 1 more	›
7 Jul Q1FY26	favourable	right	-4.9%	+15.2%	+16.7%	+25%	no figures	Ran up 25% in the 30 sessions before the result — a good number had little left to reward. No reported figures on file for this quarter, so the result itself could not be judged. 2 more	›
10 May Q4FY25	weak	wrong	+11.0%	+12.4%	+8.3%	-14%	no figures	The market itself moved +4.1% over the same ten sessions; the raw move is mostly tide. No reported figures on file for this quarter, so the result itself could not be judged. 1 more	›
10 Feb Q3FY25	—	unread	-6.7%	-19.3%	-15.7%	-12%	no figures	The market itself moved -3.6% over the same ten sessions; the raw move is mostly tide. No reported figures on file for this quarter, so the result itself could not be judged. 1 more	›
7 Nov Q2FY25	—	unread	-2.5%	-8.6%	-8.7%	+1%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. No read was made before this result; recorded for the base rate.	›
20 Jul Q1FY25	—	unread	-7.4%	-11.3%	-9.4%	+33%	no figures	Ran up 33% in the 30 sessions before the result — a good number had little left to reward. No reported figures on file for this quarter, so the result itself could not be judged. 2 more	›
21 May Q4FY24	—	unread	-3.3%	-9.4%	-9.8%	+14%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. No read was made before this result; recorded for the base rate.	›
3 Feb Q3FY24	—	unread	-1.5%	-8.4%	-9.6%	+12%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. No read was made before this result; recorded for the base rate.	›
9 Nov Q2FY24	—	unread	+1.5%	+7.7%	+5.1%	-4%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 6 points in the fortnight before — someone was taking stock home. 1 more	›
22 Jul Q1FY24	—	unread	+0.3%	+15.9%	+16.6%	+21%	no figures	Ran up 21% in the 30 sessions before the result — a good number had little left to reward. No reported figures on file for this quarter, so the result itself could not be judged. 3 more	›
31 Jan Q3FY23	—	unread	-6.4%	-7.4%	-9.4%	-22%	no figures	Fell 22% in the 30 sessions before the result — expectations were already low. No reported figures on file for this quarter, so the result itself could not be judged. 3 more	›
21 Oct Q2FY23	—	unread	+4.8%	-0.9%	-4.2%	-10%	no figures	The market itself moved +3.3% over the same ten sessions; the raw move is mostly tide. No reported figures on file for this quarter, so the result itself could not be judged. 1 more	›
25 Apr Q4FY22	—	unread	-6.2%	-11.1%	-6.5%	-79%	no figures	Fell 79% in the 30 sessions before the result — expectations were already low. The market itself moved -4.6% over the same ten sessions; the raw move is mostly tide. 4 more	›
31 Jan Q3FY22	—	unread	+11.3%	+20.2%	+20.1%	+71%	no figures	Ran up 71% in the 30 sessions before the result — a good number had little left to reward. No reported figures on file for this quarter, so the result itself could not be judged. 2 more	›
11 Nov Q2FY22	—	unread	-0.2%	-10.6%	-6.0%	+8%	no figures	The market itself moved -4.6% over the same ten sessions; the raw move is mostly tide. No reported figures on file for this quarter, so the result itself could not be judged. 2 more	›
27 Jul Q1FY22	—	unread	+8.6%	-17.3%	-20.2%	—	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 2.1x its prior month in the fortnight before. 2 more	›
16 Jun Q4FY21	—	unread	-4.7%	+1.3%	+2.2%	—	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Went into the result within 3% of its 52-week high. 3 more	›