Post-mortems

Every Saturday, each result whose ten-session window has closed is judged once: what the last read before it said, what the share then did against the market and its sector, and which of the things we track were in play. Successes and failures sit side by side. This is the table the model is rebuilt from — and every number on this page opens: a read, a sector, a company, one result, the morning-by-morning reads behind it, down to each session's close.

44279results judged

32%beat the market

-0.4%avg vs market, 10d

4.5%avg move, T+1

By read

open a read to see it by sector and company

Read	Judged	Right	Wrong	Flat	Avg vs mkt
strong	1096	352	538	206	-0.8%	›
favourable	1073	336	523	214	-0.8%	›
neutral	1082	0	0	1082	-1.2%	›
unfavourable	1077	511	340	226	-0.4%	›
weak	1097	535	319	243	-0.9%	›
unread	38854	—	—	—	-0.4%	›

A strong or favourable read is right when the share beat the market by more than 2% over ten sessions; weak or unfavourable when it lagged by more. Inside ±2% is flat. Neutral reads make no call. Unread results — no read was made — are the base rate any read has to beat.

Result × share

where reported figures exist · open a cell

share up

flat

share down

good result

4 1 6

in line

bad result

2 1 5

"Good" and "bad" are relative to the company's own last four quarters of profit growth, not to zero. The highlighted cells — good result, share down; bad result, share up — are where the priced-in effect lives.

By sector

open a sector to see its companies

Sector index	Judged	Right	Wrong	Flat	Hit rate	Avg vs mkt
No sector index	36640	1235	1219	1268	50%	-0.6%	›
NIFTY FINANCIAL SERVICES	1491	95	100	152	49%	-0.3%	›
NIFTY ENERGY	901	68	51	76	57%	+0.6%	›
NIFTY AUTO	766	43	53	73	45%	+0.8%	›
NIFTY INFRASTRUCTURE	761	48	38	70	56%	+0.2%	›
NIFTY FMCG	582	42	35	55	55%	-0.1%	›
NIFTY IT	543	40	38	47	51%	+0.1%	›
NIFTY HEALTHCARE INDEX	448	18	34	49	35%	+0.3%	›
NIFTY METAL	447	20	41	43	33%	-0.2%	›
NIFTY PHARMA	419	25	28	39	47%	-0.0%	›
NIFTY BANK	342	31	23	28	57%	+0.2%	›
NIFTY CONSUMER DURABLES	336	23	24	18	49%	+0.4%	›
NIFTY REALTY	243	15	17	20	47%	+0.8%	›
NIFTY PSU BANK	150	17	4	15	81%	+0.9%	›
NIFTY MEDIA	111	5	8	11	38%	+0.9%	›
NIFTY OIL & GAS	52	5	3	3	63%	-3.8%	›
NIFTY PRIVATE BANK	47	4	4	4	50%	-1.7%	›

By quarter

one results season at a time

Quarter	Judged	Right	Wrong	Flat	Hit rate	Avg vs mkt
Q1FY27	2243	155	137	161	53%	+0.6%	›
Q4FY19	1	0	0	0	—	-4.1%	›
Q4FY26	1856	297	281	344	51%	+0.2%	›
Q1FY25	1920	0	0	0	—	+0.7%	›
Q2FY25	1940	0	0	0	—	+0.5%	›
Q3FY25	2011	0	0	1	—	-6.6%	›
Q3FY26	2161	309	320	375	49%	-1.6%	›
Q2FY26	2142	380	293	355	56%	-4.1%	›
Q1FY26	2047	330	314	369	51%	-1.4%	›
Q4FY25	2015	263	375	366	41%	+2.3%	›
Q4FY24	1889	0	0	0	—	-1.0%	›
Q4FY23	1617	0	0	0	—	+2.2%	›
Q1FY24	1708	0	0	0	—	+3.3%	›
Q3FY24	1796	0	0	0	—	-1.1%	›
Q2FY24	1673	0	0	0	—	+1.5%	›
Q4FY22	1642	0	0	0	—	-0.8%	›
Q3FY23	1699	0	0	0	—	-2.7%	›
Q2FY23	1686	0	0	0	—	-1.9%	›
Q1FY23	1240	0	0	0	—	+1.8%	›
Q2FY21	1231	0	0	0	—	+2.9%	›
Q3FY22	1600	0	0	0	—	-5.3%	›
Q2FY22	1552	0	0	0	—	+1.7%	›
Q3FY21	1476	0	0	0	—	+2.2%	›
Q4FY21	1490	0	0	0	—	+3.1%	›
Q1FY22	1515	0	0	0	—	-6.5%	›
Q1FY21	1388	0	0	0	—	+2.8%	›
Q1FY20	4	0	0	0	—	+7.3%	›
Q3FY20	5	0	0	0	—	+5.2%	›
Q4FY20	724	0	0	0	—	-1.5%	›
Q2FY20	4	0	0	0	—	-12.2%	›
Q1FY19	1	0	0	0	—	-16.4%	›
Q2FY19	1	0	0	0	—	-16.4%	›
Q3FY19	1	0	0	0	—	-16.4%	›
Q4FY18	1	0	0	0	—	+13.5%	›

Judged results

Company	Result	Read	Outcome	T+1	T+10	vs market	Run-up	Result	Why
JSWENERGYJSW Energy Ltd.	17 Oct Q2FY26	strong	neutral	-2.3%	-2.3%	-1.9%	+8%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 8 points in the fortnight before — someone was taking stock home.	›
JSWSTEELJSW Steel Ltd.	17 Oct Q2FY26	strong	neutral	-0.9%	+1.6%	+2.0%	+8%	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. 1 more	›
LTTSL&T Technology Services Ltd.	17 Oct Q2FY26	neutral	neutral	+1.2%	-1.6%	-1.1%	-0%	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. 1 more	›
NELCONELCO Limited	17 Oct Q2FY26	favourable	neutral	+0.5%	-0.1%	+0.4%	+7%	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.	›
PCBLPCBL Chemical Ltd.	17 Oct Q2FY26	favourable	neutral	+1.7%	-1.7%	-1.3%	-4%	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. 1 more	›
RECLTDREC Ltd.	17 Oct Q2FY26	neutral	neutral	+0.6%	-1.1%	-0.7%	+3%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. 15 sector peers reported the same week; the sector read may already have been set.	›
SAPPHIRESapphire Foods India Ltd.	17 Oct Q2FY26	weak	neutral	+2.2%	-1.2%	-0.8%	-12%	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. 1 more	›
SHREDIGCEMShree Digvijay Cement Co.Ltd	17 Oct Q2FY26	weak	neutral	-0.6%	+0.5%	+0.9%	-6%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 13 points in the fortnight before — someone was taking stock home.	›
WENDTWendt (India) Limited	17 Oct Q2FY26	weak	neutral	+4.9%	-1.8%	-1.4%	-12%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
ALOKINDSAlok Industries Limited	16 Oct Q2FY26	neutral	neutral	-4.5%	-3.2%	-3.9%	-3%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
CHOICEINChoice International Ltd.	16 Oct Q2FY26	unfavourable	neutral	-0.6%	+1.0%	+0.3%	+5%	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. 2 more	›
CIEINDIACIE Automotive India Ltd.	16 Oct Q2FY26	neutral	neutral	+2.3%	+2.7%	+2.0%	+7%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
DBCORPD.B.Corp Limited	16 Oct Q2FY26	neutral	neutral	+2.4%	+8.7%	+8.0%	-10%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 3.3x its prior month in the fortnight before. 1 more	›
INFYInfosys Ltd.	16 Oct Q2FY26	neutral	neutral	-0.7%	+1.0%	+0.3%	-1%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. 9 sector peers reported the same week; the sector read may already have been set.	›
IOBIndian Overseas Bank	16 Oct Q2FY26	unfavourable	neutral	+1.0%	+1.7%	+1.0%	+1%	no figures	Its sector moved +8.5% over the window. No reported figures on file for this quarter, so the result itself could not be judged. 1 more	›
KAJARIACERKajaria Ceramics Ltd.	16 Oct Q2FY26	neutral	neutral	-2.4%	-5.3%	-6.0%	+1%	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.	›
MASTEKMastek Limited	16 Oct Q2FY26	unfavourable	neutral	-6.2%	+0.0%	-0.6%	-16%	no figures	Fell 16% 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.	›
METROBRANDMetro Brands Limited	16 Oct Q2FY26	neutral	neutral	-4.5%	-4.6%	-5.3%	+3%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Its usual continuation pattern did not hold this quarter.	›
NESTLEINDNestle India Ltd.	16 Oct Q2FY26	neutral	neutral	+0.7%	-0.8%	-1.5%	+7%	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.	›
PRIMESECUPrime Securities Limited	16 Oct Q2FY26	favourable	neutral	-4.5%	+2.3%	+1.6%	+9%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 1.5x its prior month in the fortnight before.	›
SUNTECKSunteck Realty Limited	16 Oct Q2FY26	neutral	neutral	-1.0%	+6.2%	+5.5%	+11%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Its reversal habit held this quarter.	›
WIPROWipro Ltd.	16 Oct Q2FY26	neutral	neutral	-5.0%	-5.2%	-5.9%	+2%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. 9 sector peers reported the same week; the sector read may already have been set.	›
ANGELONEAngel One Ltd.	15 Oct Q2FY26	unfavourable	neutral	+2.1%	+1.9%	+0.4%	+7%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. 15 sector peers reported the same week; the sector read may already have been set.	›
HDFCAMCHDFC Asset Management Company Ltd.	15 Oct Q2FY26	neutral	neutral	-0.8%	-6.7%	-8.3%	+4%	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. 2 more	›
KKCLKewal Kiran Clothing Limited	15 Oct Q2FY26	neutral	neutral	-5.1%	-7.4%	-9.0%	+9%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
KSOLVESKsolves India Limited	15 Oct Q2FY26	neutral	neutral	-0.6%	-2.0%	-3.6%	+2%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
MGELMangalam Global Enterprise Limited	15 Oct Q2FY26	neutral	neutral	-2.3%	-7.3%	-8.9%	-3%	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.	›
NUVOCONuvoco Vistas Corporation Ltd.	15 Oct Q2FY26	weak	neutral	+1.5%	+2.5%	+0.9%	-12%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
QUICKHEALQuick Heal Technologies Limited	15 Oct Q2FY26	neutral	neutral	-2.1%	-7.0%	-8.6%	+13%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 3.4x its prior month in the fortnight before. 1 more	›
MAHABANKBank of Maharashtra	14 Oct Q2FY26	neutral	neutral	+4.6%	+6.0%	+3.1%	+6%	no figures	Its sector moved +6.1% over the window. No reported figures on file for this quarter, so the result itself could not be judged. 2 more	›
PERSISTENTPersistent Systems Ltd.	14 Oct Q2FY26	neutral	neutral	+9.4%	+11.7%	+8.8%	-2%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. 9 sector peers reported the same week; the sector read may already have been set.	›
ANANDRATHIAnand Rathi Wealth Ltd.	13 Oct Q2FY26	strong	neutral	+6.7%	+5.2%	+1.9%	+5%	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. 3 more	›
HCLTECHHCL Technologies Ltd.	13 Oct Q2FY26	unfavourable	neutral	+0.1%	+4.2%	+0.9%	+3%	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	›
KRISHANAKrishana Phoschem Limited	13 Oct Q2FY26	neutral	neutral	-1.5%	-12.7%	-16.0%	-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. 1 more	›
TATAELXSITata Elxsi Ltd.	9 Oct Q2FY26	neutral	neutral	-4.0%	+0.2%	-2.9%	+2%	no figures	The market itself moved +3.1% 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.	›
EXIDEINDExide Industries Ltd.	24 Sep Q1FY26	weak	neutral	-2.7%	+0.3%	-0.6%	+6%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Its reversal habit held this quarter.	›
BORORENEWBOROSIL RENEWABLES LIMITED	3 Sep Q1FY26	neutral	neutral	+0.5%	-3.2%	-6.1%	-9%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Its usual continuation pattern did not hold this quarter.	›
ORISSAMINEThe Orissa Minerals Development Company Limited	2 Sep Q1FY26	strong	neutral	-0.2%	+1.8%	-1.2%	-8%	no figures	The market itself moved +3.1% 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.	›
AHLUCONTAhluwalia Contracts (India) Limited	14 Aug Q1FY26	strong	neutral	-2.6%	-1.0%	-0.8%	-3%	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.	›
ALKYLAMINEAlkyl Amines Chemicals Limited	14 Aug Q1FY26	unfavourable	neutral	+1.5%	-0.6%	-0.3%	-11%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 8 points in the fortnight before — someone was taking stock home. 1 more	›
EXPLEOSOLExpleo Solutions Limited	14 Aug Q1FY26	neutral	neutral	-8.9%	-7.1%	-6.9%	-16%	no figures	Fell 16% 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. 1 more	›
GREENPOWEROrient Green Power Company Limited	14 Aug Q1FY26	neutral	neutral	+11.1%	+5.3%	+5.5%	-8%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 14 points in the fortnight before — someone was taking stock home. 1 more	›
HINDOILEXPHindustan Oil Exploration Company Limited	14 Aug Q1FY26	neutral	neutral	+2.5%	+7.1%	+7.3%	-4%	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	›
INOXGREENInox Green Energy Services Limited	14 Aug Q1FY26	strong	neutral	+1.5%	-1.8%	-1.5%	+1%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
IOCIndian Oil Corporation Ltd.	14 Aug Q1FY26	neutral	neutral	+1.3%	-0.4%	-0.2%	-5%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. 8 sector peers reported the same week; the sector read may already have been set.	›
JAICORPLTDJai Corp Limited	14 Aug Q1FY26	neutral	neutral	+15.0%	+34.0%	+34.2%	-5%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
JAMNAAUTOJamna Auto Industries Limited	14 Aug Q1FY26	neutral	neutral	+13.6%	+19.1%	+19.3%	-6%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
JYOTISTRUCJyoti Structures Limited	14 Aug Q1FY26	neutral	neutral	+0.3%	-3.0%	-2.8%	-8%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Its reversal habit held this quarter.	›
KDDLKDDL Limited	14 Aug Q1FY26	neutral	neutral	-2.6%	-7.9%	-7.7%	-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	›
MBLINFRAMBL Infrastructure Limited	14 Aug Q1FY26	unfavourable	neutral	-1.8%	-1.2%	-1.0%	-3%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 19 points in the fortnight before — someone was taking stock home.	›
NECLIFENectar Lifesciences Limited	14 Aug Q1FY26	weak	neutral	+3.6%	+0.1%	+0.3%	-38%	no figures	Fell 38% 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. 1 more	›
NFLNational Fertilizers Limited	14 Aug Q1FY26	neutral	neutral	+0.4%	+6.9%	+7.1%	-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.	›
SRHHYPOLTDSree Rayalaseema Hi-Strength Hypo Limited	14 Aug Q1FY26	neutral	neutral	+0.1%	-2.7%	-2.5%	-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.	›
VIKASLIFEVikas Lifecare Limited	14 Aug Q1FY26	unfavourable	neutral	-3.1%	+0.4%	+0.7%	-13%	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. 1 more	›
AIAENGAIA Engineering Ltd.	13 Aug Q1FY26	weak	neutral	-0.4%	-1.3%	-1.4%	-4%	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	›
ARMANFINArman Financial Services Limited	13 Aug Q1FY26	neutral	neutral	-2.1%	+2.0%	+2.0%	-21%	no figures	Fell 21% 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. 1 more	›
ASIANTILESAsian Granito India Limited	13 Aug Q1FY26	unfavourable	neutral	+0.9%	-1.5%	-1.5%	-6%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Its usual continuation pattern did not hold this quarter.	›
BEPLBhansali Engineering Polymers Limited	13 Aug Q1FY26	neutral	neutral	-0.8%	-3.3%	-3.3%	-7%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Its continuation habit held this quarter.	›
BFINVESTBF Investment Limited	13 Aug Q1FY26	unfavourable	neutral	+1.6%	+0.4%	+0.3%	-8%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Its usual continuation pattern did not hold this quarter.	›
CAMPUSCampus Activewear Limited	13 Aug Q1FY26	neutral	neutral	+1.4%	+1.8%	+1.8%	-4%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Its usual continuation pattern did not hold this quarter.	›