Indbank Merchant Banking Services Limited · INDBANK

Every Indbank Merchant Banking Services 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 →

22results judged

0read right

0read wrong

0flat / no call

22unread

18%beat the market

-2.7%avg vs market, 10d

4.3%avg move, T+1

How the reads on it fared

Read	Judged	Right	Wrong	Flat	Hit rate	Avg vs mkt
unread	22	0	0	0	—	-2.7%

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

22 judged · newest first · open one

Result	Read	Outcome	T+1	T+10	vs market	Run-up	Result	Why
8 Jul Q1FY27	—	unread	+0.8%	-3.7%	-3.7%	+1%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 2.4x its prior month in the fortnight before. 1 more	›
20 Apr Q4FY26	—	unread	-4.3%	-3.6%	-3.5%	+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.	›
13 Oct Q2FY26	—	unread	-3.6%	-6.9%	-10.2%	+22%	no figures	Ran up 22% in the 30 sessions before the result — a good number had little left to reward. The market itself moved +3.3% over the same ten sessions; the raw move is mostly tide. 3 more	›
18 Jul Q1FY26	—	unread	-1.3%	-3.9%	-2.9%	-4%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 12 points in the fortnight before — someone was taking stock home. 1 more	›
24 Apr Q4FY25	—	unread	-8.6%	-14.4%	-17.2%	+16%	no figures	Ran up 16% 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	›
22 Jan Q3FY25	—	unread	-6.0%	-7.8%	-10.8%	-12%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Announced during market hours, so the reaction session is the announcement day itself. 1 more	›
22 Oct Q2FY25	—	unread	-4.5%	+0.1%	+2.4%	-7%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Announced during market hours, so the reaction session is the announcement day itself. 1 more	›
19 Jul Q1FY25	—	unread	+0.4%	-0.3%	+1.6%	+9%	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.	›
23 Apr Q4FY24	—	unread	-0.5%	+1.2%	+1.4%	+4%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Announced during market hours, so the reaction session is the announcement day itself. 1 more	›
17 Oct Q2FY24	—	unread	-0.1%	-6.9%	-3.1%	+9%	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. 2 more	›
19 Jul Q1FY24	—	unread	+2.0%	-3.4%	-1.2%	+8%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 1.6x its prior month in the fortnight before. 1 more	›
21 Apr Q4FY23	—	unread	-0.9%	-2.8%	-6.4%	+6%	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	›
21 Jan Q3FY23	—	unread	-4.2%	-13.5%	-11.8%	+7%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 12 points in the fortnight before — someone was taking stock home. 1 more	›
19 Oct Q2FY23	—	unread	-1.1%	-0.2%	-3.5%	+2%	no figures	The market itself moved +3.2% 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	›
21 Apr Q4FY22	—	unread	-0.2%	+7.8%	+12.0%	+16%	no figures	Ran up 16% in the 30 sessions before the result — a good number had little left to reward. The market itself moved -4.2% over the same ten sessions; the raw move is mostly tide. 4 more	›
13 Jan Q3FY22	—	unread	+5.6%	-0.4%	+5.7%	+12%	no figures	The market itself moved -6.1% 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. 2 more	›
13 Oct Q2FY22	—	unread	-6.9%	-16.0%	-15.2%	+16%	no figures	Ran up 16% 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 Jul Q1FY22	—	unread	+26.7%	+23.9%	+23.8%	+69%	no figures	Ran up 69% 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	›
23 Apr Q4FY21	—	unread	-4.7%	-2.9%	-5.8%	-0%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 1.6x its prior month in the fortnight before. 2 more	›
13 Jan Q3FY21	—	unread	+1.7%	-9.6%	-4.5%	+28%	no figures	Ran up 28% in the 30 sessions before the result — a good number had little left to reward. The market itself moved -5.1% over the same ten sessions; the raw move is mostly tide. 4 more	›
13 Oct Q2FY21	—	unread	-6.7%	-1.1%	-0.8%	-25%	no figures	Fell 25% 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. 2 more	›
4 Sep Q1FY21	—	unread	+3.3%	-5.4%	-5.2%	+73%	no figures	Ran up 73% 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	›