Elgi Equipments Ltd. · ELGIEQUIP

Every Elgi Equipments Ltd. 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 →

24results judged

1read right

2read wrong

1flat / no call

20unread

33%beat the market

+1.5%avg vs market, 10d

4.8%avg move, T+1

How the reads on it fared

Read	Judged	Right	Wrong	Flat	Hit rate	Avg vs mkt
favourable	3	1	1	1	50%	+0.6%
unfavourable	1	0	1	0	0%	+4.7%
unread	20	0	0	0	—	+1.5%

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

24 judged · newest first · open one

Result	Read	Outcome	T+1	T+10	vs market	Run-up	Result	Why
13 Aug Q1FY27	—	unread	+8.3%	+9.1%	+10.0%	-3%	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.	›
11 Feb Q3FY26	favourable	right	+2.4%	+8.8%	+10.6%	+5%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 1.7x its prior month in the fortnight before.	›
12 Nov Q2FY26	favourable	neutral	+2.0%	+1.4%	+0.1%	+1%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
12 Aug Q1FY26	favourable	wrong	-4.9%	-9.0%	-8.8%	-3%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
28 May Q4FY25	unfavourable	wrong	+6.1%	+5.3%	+4.7%	+19%	no figures	Ran up 19% 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. 1 more	›
10 Feb Q3FY25	—	unread	+0.6%	-15.3%	-11.7%	-3%	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. 2 more	›
11 Nov Q2FY25	—	unread	-8.7%	+2.0%	+1.4%	-6%	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.	›
31 Jul Q1FY25	—	unread	-0.6%	-15.5%	-12.6%	+4%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 7 points in the fortnight before — someone was taking stock home. 2 more	›
27 May Q4FY24	—	unread	-5.6%	-6.5%	-8.0%	+5%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 11 points in the fortnight before — someone was taking stock home. 1 more	›
12 Feb Q3FY24	—	unread	-1.7%	-7.0%	-9.7%	+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. 3 more	›
8 Nov Q2FY24	—	unread	+2.8%	+1.5%	-0.3%	+3%	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.	›
11 Aug Q1FY24	—	unread	-3.1%	-6.8%	-6.4%	-7%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 7 points in the fortnight before — someone was taking stock home. 1 more	›
3 Feb Q3FY23	—	unread	+5.3%	+19.1%	+19.2%	-15%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 9 points in the fortnight before — someone was taking stock home. 1 more	›
4 Nov Q2FY23	—	unread	+0.4%	-0.2%	-0.9%	+7%	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.	›
12 Aug Q1FY23	—	unread	-4.6%	+10.9%	+10.6%	+26%	no figures	Ran up 26% 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	›
13 May Q4FY22	—	unread	+25.6%	+30.7%	+25.1%	-10%	no figures	The market itself moved +5.6% 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	›
10 Feb Q3FY22	—	unread	-1.3%	-15.8%	-10.4%	+31%	no figures	Ran up 31% in the 30 sessions before the result — a good number had little left to reward. The market itself moved -5.4% over the same ten sessions; the raw move is mostly tide. 3 more	›
8 Nov Q2FY22	—	unread	+8.0%	+31.2%	+34.8%	-5%	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. 2 more	›
3 Aug Q1FY22	—	unread	-1.4%	-3.5%	-6.2%	+2%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 6.6x its prior month in the fortnight before. 1 more	›
21 May Q4FY21	—	unread	+0.5%	-0.3%	-4.1%	+8%	no figures	The market itself moved +3.8% 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	›
8 Feb Q3FY21	—	unread	+0.0%	-4.3%	-1.6%	—	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.	›
6 Nov Q2FY21	—	unread	+14.2%	+19.1%	+13.7%	-13%	no figures	The market itself moved +5.4% 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	›
14 Aug Q1FY21	—	unread	-2.8%	-11.0%	-12.9%	+67%	no figures	Ran up 67% 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. 1 more	›
29 Jun Q4FY20	—	unread	-4.3%	+3.2%	+0.4%	+15%	no figures	Ran up 15% 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	›