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.

46319results judged

32%beat the market

-0.5%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	1083	0	0	1083	-1.2%	›
unfavourable	1077	511	340	226	-0.4%	›
weak	1097	535	319	243	-0.9%	›
unread	40893	—	—	—	-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 7

"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	38272	1235	1219	1269	50%	-0.6%	›
NIFTY FINANCIAL SERVICES	1563	95	100	152	49%	-0.3%	›
NIFTY ENERGY	953	68	51	76	57%	+0.4%	›
NIFTY AUTO	805	43	53	73	45%	+0.6%	›
NIFTY INFRASTRUCTURE	802	48	38	70	56%	+0.3%	›
NIFTY FMCG	610	42	35	55	55%	-0.1%	›
NIFTY IT	575	40	38	47	51%	+0.2%	›
NIFTY METAL	472	20	41	43	33%	-0.4%	›
NIFTY HEALTHCARE INDEX	469	18	34	49	35%	+0.2%	›
NIFTY PHARMA	441	25	28	39	47%	+0.0%	›
NIFTY BANK	363	31	23	28	57%	-0.0%	›
NIFTY CONSUMER DURABLES	359	23	24	18	49%	+0.4%	›
NIFTY REALTY	255	15	17	20	47%	+0.6%	›
NIFTY PSU BANK	157	17	4	15	81%	+0.8%	›
NIFTY MEDIA	116	5	8	11	38%	+0.7%	›
NIFTY OIL & GAS	56	5	3	3	63%	-3.5%	›
NIFTY PRIVATE BANK	51	4	4	4	50%	-2.0%	›

By quarter

one results season at a time

Quarter	Judged	Right	Wrong	Flat	Hit rate	Avg vs mkt
Q2FY27	7	0	0	0	—	-8.8%	›
Q1FY27	2259	155	137	162	53%	+0.6%	›
Q4FY19	7	0	0	0	—	-0.1%	›
Q4FY26	1856	297	281	344	51%	+0.2%	›
Q1FY25	1920	0	0	0	—	+0.7%	›
Q3FY25	2011	0	0	1	—	-6.6%	›
Q2FY25	1940	0	0	0	—	+0.5%	›
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%	›
Q2FY24	1673	0	0	0	—	+1.5%	›
Q3FY24	1796	0	0	0	—	-1.1%	›
Q1FY24	1708	0	0	0	—	+3.3%	›
Q4FY22	1642	0	0	0	—	-0.8%	›
Q2FY23	1686	0	0	0	—	-1.9%	›
Q3FY23	1699	0	0	0	—	-2.7%	›
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%	›
Q4FY21	1490	0	0	0	—	+3.1%	›
Q3FY21	1476	0	0	0	—	+2.2%	›
Q1FY22	1515	0	0	0	—	-6.5%	›
Q1FY21	1388	0	0	0	—	+2.8%	›
Q1FY20	10	0	0	0	—	+2.6%	›
Q3FY20	1276	0	0	0	—	-3.1%	›
Q4FY20	1342	0	0	0	—	-0.1%	›
Q2FY20	118	0	0	0	—	+2.4%	›
Q1FY19	3	0	0	0	—	-2.8%	›
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
DANGEEDangee Dums Limited	11 Nov Q2FY23	—	unread	-3.1%	-18.1%	-19.2%	+3%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 3.6x its prior month in the fortnight before. 1 more	›
DBREALTYValor Estate Limited	11 Nov Q2FY23	—	unread	-4.0%	-10.1%	-11.3%	-4%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 6 points in the fortnight before — someone was taking stock home. 1 more	›
DCWDCW Limited	11 Nov Q2FY23	—	unread	-5.6%	-2.4%	-3.6%	+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	›
DECCANCEDeccan Cements Limited	11 Nov Q2FY23	—	unread	-2.4%	-1.0%	-2.2%	-1%	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.	›
DEEPINDSDeep Industries Limited	11 Nov Q2FY23	—	unread	+4.3%	+0.1%	-1.1%	+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.	›
DELPHIFXDELPHI WORLD MONEY LIMITED	11 Nov Q2FY23	—	unread	+1.6%	-5.8%	-6.9%	+6%	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. 1 more	›
DHANIDHANI	11 Nov Q2FY23	—	unread	-1.5%	-3.9%	-5.0%	+6%	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	›
DHRUVDhruv Consultancy Services Limited	11 Nov Q2FY23	—	unread	-1.4%	+6.3%	+5.1%	+2%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 6 points in the fortnight before — someone was taking stock home. 1 more	›
DICINDDIC India Limited	11 Nov Q2FY23	—	unread	-3.9%	-4.3%	-7.0%	+8%	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	›
DIGISPICEDiGiSPICE Technologies Limited	11 Nov Q2FY23	—	unread	-5.3%	-12.2%	-13.3%	-2%	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.	›
DOLLARDollar Industries Limited	11 Nov Q2FY23	—	unread	-3.6%	-3.8%	-5.0%	-9%	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. 1 more	›
DPSCLTDDPSC Limited	11 Nov Q2FY23	—	unread	-0.7%	-5.0%	-6.2%	+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.	›
DYNAMATECHDynamatic Technologies Limited	11 Nov Q2FY23	—	unread	+5.1%	+13.1%	+12.0%	+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.	›
EICHERMOTEicher Motors Ltd.	11 Nov Q2FY23	—	unread	-5.0%	-7.7%	-10.4%	+5%	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. 2 more	›
ELECTCASTElectrosteel Castings Limited	11 Nov Q2FY23	—	unread	-5.1%	-7.8%	-9.0%	+20%	no figures	Ran up 20% 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	›
ELGIRUBCOElgi Rubber Company Limited	11 Nov Q2FY23	—	unread	-3.3%	-6.1%	-8.8%	+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. 3 more	›
EMAMILTDEmami Ltd.	11 Nov Q2FY23	—	unread	-4.1%	-4.1%	-5.2%	-7%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. 4 sector peers reported the same week; the sector read may already have been set. 1 more	›
ENILEntertainment Network (India) Limited	11 Nov Q2FY23	—	unread	+1.3%	-0.7%	-3.4%	+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. 3 more	›
EQUITASEQUITAS	11 Nov Q2FY23	—	unread	-0.3%	+10.9%	+9.7%	+3%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 15 points in the fortnight before — someone was taking stock home. 2 more	›
ESABINDIAEsab India Limited	11 Nov Q2FY23	—	unread	+6.4%	+9.1%	+8.0%	+11%	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	›
EXCELINDUSExcel Industries Limited	11 Nov Q2FY23	—	unread	-1.9%	-0.6%	-1.8%	-4%	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	›
EXIDEINDExide Industries Ltd.	11 Nov Q2FY23	—	unread	+6.4%	+8.7%	+7.5%	+9%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 2.1x its prior month in the fortnight before. 2 more	›
EXPLEOSOLExpleo Solutions Limited	11 Nov Q2FY23	—	unread	+1.0%	-4.7%	-5.9%	+5%	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	›
FACTFertilisers and Chemicals Travancore Ltd.	11 Nov Q2FY23	—	unread	+1.4%	+16.8%	+15.6%	+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. 3 more	›
FINEORGFine Organic Industries Limited	11 Nov Q2FY23	—	unread	-2.3%	-1.0%	-2.2%	-13%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 2.5x its prior month in the fortnight before. 1 more	›
FORTISFortis Healthcare Ltd.	11 Nov Q2FY23	—	unread	+6.8%	+3.6%	+2.5%	+9%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. 13 sector peers reported the same week; the sector read may already have been set. 1 more	›
GAELGujarat Ambuja Exports Limited	11 Nov Q2FY23	—	unread	-2.0%	-5.0%	-6.2%	-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	›
GALLANTTGallantt Ispat Ltd.	11 Nov Q2FY23	—	unread	-1.5%	-0.5%	-1.6%	+9%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 2.1x its prior month in the fortnight before. 1 more	›
GAYAHWSGayatri Highways Limited	11 Nov Q2FY23	—	unread	+0.0%	-5.6%	-6.7%	+20%	no figures	Ran up 20% 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	›
GEECEEGeeCee Ventures Limited	11 Nov Q2FY23	—	unread	+2.9%	+0.2%	-2.5%	+12%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Volume ran 2.0x its prior month in the fortnight before. 2 more	›
GENUSPOWERGenus Power Infrastructures Limited	11 Nov Q2FY23	—	unread	-2.4%	+14.9%	+12.2%	+8%	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. 2 more	›
GESHIPGreat Eastern Shipping Co. Ltd.	11 Nov Q2FY23	—	unread	+5.9%	+19.4%	+18.2%	+11%	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	›
GILLANDERSGillanders Arbuthnot & Company Limited	11 Nov Q2FY23	—	unread	-0.5%	-5.0%	-6.2%	+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. 2 more	›
GKWLIMITEDGKW Limited	11 Nov Q2FY23	—	unread	-1.4%	-2.5%	-5.2%	+2%	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	›
GLAXOGlaxosmithkline Pharmaceuticals Ltd.	11 Nov Q2FY23	—	unread	+0.3%	+0.3%	-0.9%	-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. 4 more	›
GLOBEGLOBE ENTERPRISES (INDIA) LIMITED	11 Nov Q2FY23	—	unread	-1.1%	-2.1%	-4.8%	-20%	no figures	Fell 20% 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	›
GMRP&UIGMR Power and Urban Infra Limited	11 Nov Q2FY23	—	unread	+3.2%	-3.6%	-4.7%	-5%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 6 points in the fortnight before — someone was taking stock home. 1 more	›
GNFCGujarat Narmada Valley Fertilizers and Chemicals Limited	11 Nov Q2FY23	—	unread	-4.0%	+0.7%	-0.4%	-5%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 6 points in the fortnight before — someone was taking stock home. 1 more	›
GOENKAGOENKA	11 Nov Q2FY23	—	unread	+0.0%	-2.9%	-4.0%	+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.	›
GPILGodawari Power & Ispat Ltd.	11 Nov Q2FY23	—	unread	+2.7%	+9.1%	+6.4%	+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	›
GRAPHITEGraphite India Ltd.	11 Nov Q2FY23	—	unread	-0.2%	+3.5%	+2.4%	+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. 1 more	›
GRWRHITECHGarware Hi-Tech Films Limited	11 Nov Q2FY23	—	unread	-6.0%	-10.6%	-11.7%	+14%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 5 points in the fortnight before — someone was taking stock home. 1 more	›
GSPLGSPL	11 Nov Q2FY23	—	unread	+3.7%	+19.0%	+16.3%	+5%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 16 points in the fortnight before — someone was taking stock home. 2 more	›
GUFICBIOGufic Biosciences Limited	11 Nov Q2FY23	—	unread	-5.4%	-4.3%	-5.5%	+5%	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. 1 more	›
GVKPILGVK Power & Infrastructure Limited	11 Nov Q2FY23	—	unread	-1.8%	-1.8%	-2.9%	-15%	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	›
HALHindustan Aeronautics Ltd.	11 Nov Q2FY23	—	unread	+1.8%	+11.4%	+10.3%	+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.	›
HARDWYNHardwyn India Limited	11 Nov Q2FY23	—	unread	+0.1%	+1.3%	-1.4%	+27%	no figures	Ran up 27% 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. 4 more	›
HARRMALAYAHarrisons Malayalam Limited	11 Nov Q2FY23	—	unread	+0.1%	-0.0%	-2.7%	-4%	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. 2 more	›
HCCHindustan Construction Company Limited	11 Nov Q2FY23	—	unread	-1.7%	+13.3%	+10.6%	+20%	no figures	Ran up 20% 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	›
HEGH.E.G. Ltd.	11 Nov Q2FY23	—	unread	+2.3%	+2.8%	+1.6%	-5%	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. 1 more	›
HEMIPROPHemisphere Properties India Limited	11 Nov Q2FY23	—	unread	+0.1%	+2.8%	+0.1%	+2%	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	›
HERCULESHERCULES	11 Nov Q2FY23	—	unread	-0.4%	-0.4%	-3.1%	-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. 2 more	›
HEXATRADEXHexa Tradex Limited	11 Nov Q2FY23	—	unread	-1.5%	+0.6%	-2.1%	+0%	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. 2 more	›
HINDALCOHindalco Industries Ltd.	11 Nov Q2FY23	—	unread	+6.3%	+0.3%	-0.9%	+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	›
HINDMOTORSHINDMOTORS	11 Nov Q2FY23	—	unread	-3.7%	+14.0%	+11.4%	+17%	no figures	Ran up 17% 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	›
HISARMETALHisar Metal Industries Limited	11 Nov Q2FY23	—	unread	-1.6%	+1.3%	-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	›
HLVLTDHLV LIMITED	11 Nov Q2FY23	—	unread	-2.4%	-12.9%	-14.1%	+33%	no figures	Ran up 33% 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	›
HPALHP Adhesives Limited	11 Nov Q2FY23	—	unread	-1.9%	-5.3%	-6.5%	+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.	›
HPLHPL Electric & Power Limited	11 Nov Q2FY23	—	unread	-7.0%	+0.1%	-1.1%	+48%	no figures	Ran up 48% 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	›
IDFCIDFC	11 Nov Q2FY23	—	unread	+1.3%	+4.0%	+2.8%	+22%	no figures	Ran up 22% 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	›