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
MOLMeghmani Organics Limited	31 Jan Q3FY26	unfavourable	right	-4.9%	-11.0%	-12.4%	-4%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Its continuation habit held this quarter.	›
AJANTPHARMAjanta Pharmaceuticals Ltd.	30 Jan Q3FY26	strong	right	+3.5%	+5.7%	+4.3%	+7%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. 3 sector peers reported the same week; the sector read may already have been set.	›
BLUEDARTBlue Dart Express Ltd.	30 Jan Q3FY26	strong	right	+3.4%	+6.2%	+4.8%	+3%	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.	›
BRIGADEBrigade Enterprises Ltd.	30 Jan Q3FY26	weak	right	+4.0%	-0.6%	-2.0%	-13%	no figures	Its sector moved +6.9% over the window. No reported figures on file for this quarter, so the result itself could not be judged. 4 more	›
CHOLAFINCholamandalam Investment and Finance Company Ltd.	30 Jan Q3FY26	favourable	right	+3.8%	+5.1%	+3.7%	-3%	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	›
EPIGRALEpigral Limited	30 Jan Q3FY26	weak	right	-0.9%	-5.0%	-6.4%	-26%	no figures	Fell 26% 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	›
GODFRYPHLPGodfrey Phillips India Ltd.	30 Jan Q3FY26	weak	right	-2.9%	-1.0%	-2.5%	-27%	no figures	Fell 27% 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	›
GREENPANELGreenpanel Industries Limited	30 Jan Q3FY26	unfavourable	right	-3.4%	-5.3%	-6.7%	-2%	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.	›
INTELLECTIntellect Design Arena Ltd.	30 Jan Q3FY26	unfavourable	right	-10.6%	-25.1%	-26.5%	-11%	no figures	Its sector moved -13.9% over the window. No reported figures on file for this quarter, so the result itself could not be judged. 1 more	›
JINDALSTELJindal Steel Ltd.	30 Jan Q3FY26	strong	right	+1.6%	+7.0%	+5.5%	+13%	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	›
KECKec International Ltd.	30 Jan Q3FY26	weak	right	-7.7%	-9.9%	-11.3%	-5%	no figures	Its sector moved +5.5% over the window. No reported figures on file for this quarter, so the result itself could not be judged. 1 more	›
MAITHANALLMaithan Alloys Limited	30 Jan Q3FY26	strong	right	+1.8%	+4.6%	+3.1%	+8%	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.	›
MAYURUNIQMayur Uniquoters Ltd	30 Jan Q3FY26	strong	right	+12.9%	+13.7%	+12.3%	+6%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 1.9x its prior month in the fortnight before. 1 more	›
MEDPLUSMedplus Health Services Limited	30 Jan Q3FY26	favourable	right	+7.9%	+6.4%	+5.0%	-0%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
MSUMIMotherson Sumi Wiring India Ltd.	30 Jan Q3FY26	unfavourable	right	+4.1%	-1.2%	-2.7%	-4%	no figures	Its sector moved +4.8% over the window. No reported figures on file for this quarter, so the result itself could not be judged. 2 more	›
NAVNETEDULNavneet Education Limited	30 Jan Q3FY26	favourable	right	+13.5%	+10.5%	+9.1%	+2%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
NTPCNTPC Ltd.	30 Jan Q3FY26	favourable	right	+0.7%	+3.7%	+2.2%	+11%	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	›
PGHHProcter & Gamble Hygiene and Health Care Limited	30 Jan Q3FY26	unfavourable	right	+1.4%	-1.7%	-3.1%	-9%	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	›
RELAXORelaxo Footwears Limited	30 Jan Q3FY26	weak	right	-2.5%	-9.3%	-10.7%	-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.	›
RPOWERReliance Power Ltd.	30 Jan Q3FY26	weak	right	-0.3%	-5.6%	-7.1%	-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. 3 more	›
SAILSteel Authority of India Ltd.	30 Jan Q3FY26	favourable	right	+2.1%	+5.6%	+4.2%	+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	›
SEAMECLTDSeamec Limited	30 Jan Q3FY26	strong	right	-3.3%	+8.9%	+7.5%	+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. 2 more	›
STARStrides Pharma Science Limited	30 Jan Q3FY26	unfavourable	right	-0.2%	-2.2%	-3.6%	-0%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 3.2x its prior month in the fortnight before.	›
TRIVENITriveni Engineering & Industries Limited	30 Jan Q3FY26	favourable	right	+0.2%	+5.0%	+3.6%	-0%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
WINDMACHINWindsor Machines Limited	30 Jan Q3FY26	unfavourable	right	+2.6%	-4.5%	-5.9%	-1%	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.	›
AJMERAAjmera Realty & Infra India Limited	29 Jan Q3FY26	unfavourable	right	-9.3%	-8.1%	-8.3%	-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	›
BLUESTARCOBlue Star Ltd.	29 Jan Q3FY26	favourable	right	+6.1%	+15.3%	+15.1%	-5%	no figures	Its sector moved +10.6% over the window. No reported figures on file for this quarter, so the result itself could not be judged. 3 more	›
FLAIRFlair Writing Industries Limited	29 Jan Q3FY26	strong	right	-1.6%	+5.1%	+4.9%	+6%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
GESHIPGreat Eastern Shipping Co. Ltd.	29 Jan Q3FY26	strong	right	+2.5%	+9.6%	+9.4%	+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. 1 more	›
GHCLGHCL Limited	29 Jan Q3FY26	unfavourable	right	-3.1%	-5.5%	-5.7%	-6%	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	›
GOCOLORSGo Fashion (India) Limited	29 Jan Q3FY26	unfavourable	right	-1.3%	-10.4%	-10.7%	-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. 3 more	›
GREENLAMGreenlam Industries Limited	29 Jan Q3FY26	strong	right	+0.9%	+2.6%	+2.4%	-5%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Its reversal habit held this quarter.	›
IEXIndian Energy Exchange Ltd.	29 Jan Q3FY26	weak	right	-3.9%	-2.8%	-3.1%	-9%	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	›
IFCIIFCI Ltd.	29 Jan Q3FY26	strong	right	-0.3%	+11.6%	+11.4%	+18%	no figures	Ran up 18% 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	›
IONEXCHANGION Exchange (India) Limited	29 Jan Q3FY26	favourable	right	-2.7%	+8.0%	+7.8%	-9%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Its continuation habit held this quarter.	›
KPITTECHKPIT Technologies Ltd.	29 Jan Q3FY26	unfavourable	right	-4.2%	-17.4%	-17.6%	-11%	no figures	Its sector moved -15.0% over the window. No reported figures on file for this quarter, so the result itself could not be judged. 3 more	›
ORIENTCEMOrient Cement Limited	29 Jan Q3FY26	unfavourable	right	-5.0%	-2.8%	-3.0%	-0%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
PRICOLLTDPricol Limited	29 Jan Q3FY26	favourable	right	+2.9%	+17.8%	+17.6%	-15%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Its reversal habit held this quarter.	›
QUICKHEALQuick Heal Technologies Limited	29 Jan Q3FY26	weak	right	-7.1%	-9.3%	-9.5%	-30%	no figures	Fell 30% 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	›
SHARDACROPSharda Cropchem Limited	29 Jan Q3FY26	favourable	right	+14.5%	+27.6%	+27.4%	+5%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 2.8x its prior month in the fortnight before. 1 more	›
SYRMASyrma SGS Technology Ltd.	29 Jan Q3FY26	favourable	right	+6.3%	+20.5%	+20.3%	+1%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
TARACHANDTara Chand InfraLogistic Solutions Limited	29 Jan Q3FY26	strong	right	+3.7%	+6.1%	+5.9%	-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. 1 more	›
TTKPRESTIGTTK Prestige Limited	29 Jan Q3FY26	weak	right	-3.5%	-2.4%	-2.7%	-8%	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	›
VOLTASVoltas Ltd.	29 Jan Q3FY26	favourable	right	-1.7%	+13.1%	+12.9%	-3%	no figures	Its sector moved +10.6% over the window. No reported figures on file for this quarter, so the result itself could not be judged. 2 more	›
ACCACC Ltd.	28 Jan Q3FY26	weak	right	-2.8%	-0.8%	-2.6%	-5%	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.	›
BALKRISINDBalkrishna Industries Ltd.	28 Jan Q3FY26	strong	right	-4.3%	+9.6%	+7.8%	+1%	no figures	Its sector moved +6.6% over the window. No reported figures on file for this quarter, so the result itself could not be judged. 2 more	›
BSOFTBirlasoft Ltd.	28 Jan Q3FY26	strong	right	+3.9%	+7.8%	+5.9%	-7%	no figures	Its sector moved -14.4% over the window. No reported figures on file for this quarter, so the result itself could not be judged. 2 more	›
FIVESTARFive-Star Business Finance Ltd.	28 Jan Q3FY26	weak	right	-9.0%	-12.2%	-14.0%	-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. 2 more	›
GLANDGland Pharma Ltd.	28 Jan Q3FY26	favourable	right	+9.3%	+7.5%	+5.6%	+1%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. 3 sector peers reported the same week; the sector read may already have been set.	›
HERITGFOODHeritage Foods Limited	28 Jan Q3FY26	unfavourable	right	-9.5%	-8.0%	-9.9%	-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.	›
LTLarsen & Toubro Ltd.	28 Jan Q3FY26	favourable	right	+3.6%	+10.3%	+8.5%	-7%	no figures	Its sector moved +6.4% over the window. No reported figures on file for this quarter, so the result itself could not be judged. 3 more	›
NIITMTSNIIT Learning Systems Limited	28 Jan Q3FY26	unfavourable	right	+4.1%	-5.1%	-7.0%	-4%	no figures	No reported figures on file for this quarter, so the result itself could not be judged.	›
SBICARDSBI Cards and Payment Services Ltd.	28 Jan Q3FY26	unfavourable	right	-3.7%	-1.2%	-3.1%	-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. 1 more	›
SJSS.J.S. Enterprises Limited	28 Jan Q3FY26	strong	right	+0.3%	+14.5%	+12.7%	-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.	›
TVSMOTORTVS Motor Company Ltd.	28 Jan Q3FY26	strong	right	-1.4%	+4.1%	+2.3%	+2%	no figures	Its sector moved +6.6% over the window. No reported figures on file for this quarter, so the result itself could not be judged. 2 more	›
METROBRANDMetro Brands Limited	27 Jan Q3FY26	weak	right	-3.5%	-1.3%	-4.4%	-9%	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. 1 more	›
AXISBANKAxis Bank Ltd.	26 Jan Q3FY26	strong	right	+4.9%	+7.8%	+4.3%	-1%	no figures	The market itself moved +3.5% 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	›
CHENNPETROChennai Petroleum Corporation Ltd.	24 Jan Q3FY26	favourable	right	+0.9%	+9.1%	+5.6%	-9%	no figures	The market itself moved +3.5% over the same ten sessions; the raw move is mostly tide. Its sector moved +8.8% over the window. 1 more	›
IFBINDIFB Industries Limited	24 Jan Q3FY26	unfavourable	right	-18.8%	-9.2%	-12.7%	-16%	no figures	Fell 16% in the 30 sessions before the result — expectations were already low. The market itself moved +3.5% over the same ten sessions; the raw move is mostly tide. 1 more	›
KOTAKBANKKotak Mahindra Bank Ltd.	24 Jan Q3FY26	weak	right	-2.5%	+1.5%	-2.0%	-81%	no figures	Fell 81% in the 30 sessions before the result — expectations were already low. The market itself moved +3.5% over the same ten sessions; the raw move is mostly tide. 5 more	›