Indigo Paints Limited · INDIGOPNTS

Every Indigo Paints 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 →

21results judged

0read right

3read wrong

2flat / no call

16unread

14%beat the market

-3.6%avg vs market, 10d

4.7%avg move, T+1

How the reads on it fared

Read	Judged	Wrong	Flat	Hit rate	Avg vs mkt
strong	1	1	0	0%	-8.4%
favourable	1	1	0	0%	-4.7%
neutral	2	0	2	—	+0.4%
unfavourable	1	1	0	0%	+27.1%
unread	16	0	0	—	-5.6%

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

21 judged · newest first · open one

Result	Read	Outcome	T+1	T+10	vs market	Run-up	Result	Why
13 Aug Q1FY27	—	unread	+2.7%	+1.9%	+2.8%	+5%	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.	›
22 May Q4FY26	favourable	wrong	-1.3%	-7.3%	-4.7%	+24%	no figures	Ran up 24% 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	›
13 Feb Q3FY26	neutral	neutral	+0.5%	-5.6%	-3.3%	-18%	no figures	Fell 18% 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. 4 more	›
6 Nov Q2FY26	unfavourable	wrong	+16.6%	+29.3%	+27.1%	-10%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
7 Aug Q1FY26	strong	wrong	-10.9%	-6.9%	-8.4%	+4%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
24 May Q4FY25	neutral	neutral	+2.8%	+5.1%	+4.1%	+11%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
10 Feb Q3FY25	—	unread	-8.5%	-13.5%	-9.9%	-13%	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	›
8 Nov Q2FY25	—	unread	-8.7%	-9.5%	-9.6%	+10%	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	›
6 Aug Q1FY25	—	unread	-2.5%	-0.3%	-3.7%	+8%	no figures	The market itself moved +3.4% 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	›
23 May Q4FY24	—	unread	-5.2%	-4.6%	-5.6%	+3%	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	›
9 Feb Q3FY24	—	unread	+0.5%	+0.1%	-2.2%	-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	›
7 Aug Q1FY24	—	unread	+0.1%	-4.2%	-3.4%	+12%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 1.8x its prior month in the fortnight before. 1 more	›
26 May Q4FY23	—	unread	-2.7%	-6.0%	-6.3%	+39%	no figures	Ran up 39% 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 Feb Q3FY23	—	unread	-7.8%	-13.8%	-11.2%	-10%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Went into the result within 5% of its 52-week low. 2 more	›
8 Nov Q2FY23	—	unread	-4.2%	-11.3%	-11.7%	-2%	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. 3 more	›
20 May Q4FY22	—	unread	+1.9%	-4.9%	-6.8%	+0%	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 Q3FY22	—	unread	-2.1%	-7.4%	-4.1%	-0%	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. 2 more	›
29 Oct Q2FY22	—	unread	-2.0%	-3.1%	-4.9%	-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.	›
6 Aug Q1FY22	—	unread	-6.5%	-1.7%	-4.1%	+3%	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	›
15 May Q3FY21	—	unread	-5.2%	+1.4%	-4.8%	+8%	no figures	The market itself moved +6.2% 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	›
14 May Q4FY21	—	unread	-5.2%	+1.4%	-4.8%	+8%	no figures	The market itself moved +6.2% 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. 1 more	›