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
JUBLFOODJubilant Foodworks Ltd.	8 Nov Q2FY23	—	unread	-9.5%	-11.8%	-12.1%	-4%	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.	›
KECKec International Ltd.	8 Nov Q2FY23	—	unread	-6.0%	-4.9%	-5.3%	-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. 2 more	›
KPRMILLK.P.R. Mill Ltd.	8 Nov Q2FY23	—	unread	-0.8%	+0.9%	+0.5%	-3%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 7 points in the fortnight before — someone was taking stock home. 2 more	›
LALPATHLABDr. Lal Path Labs Ltd.	8 Nov Q2FY23	—	unread	-10.1%	-7.1%	-7.4%	+7%	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. 1 more	›
MADRASFERTMadras Fertilizers Limited	8 Nov Q2FY23	—	unread	-3.0%	+1.3%	+1.0%	+1%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 7 points in the fortnight before — someone was taking stock home. 2 more	›
MOLDTKPACMold-Tek Packaging Limited	8 Nov Q2FY23	—	unread	-6.8%	-6.0%	-6.4%	-6%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 7 points in the fortnight before — someone was taking stock home. 2 more	›
MONTECARLOMonte Carlo Fashions Limited	8 Nov Q2FY23	—	unread	-5.0%	+0.4%	+0.0%	-11%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 10 points in the fortnight before — someone was taking stock home. 1 more	›
MSTCLTDMstc Limited	8 Nov Q2FY23	—	unread	+2.3%	-1.2%	-1.6%	-3%	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	›
MTEDUCAREMT Educare Limited	8 Nov Q2FY23	—	unread	-9.0%	-11.8%	-12.2%	-1%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 7 points in the fortnight before — someone was taking stock home. 2 more	›
NAHARINDUSNahar Industrial Enterprises Limited	8 Nov Q2FY23	—	unread	+2.7%	-0.5%	-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. 3 more	›
NCCNCC Ltd.	8 Nov Q2FY23	—	unread	-0.1%	+9.6%	+9.2%	-2%	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	›
NITINSPINNitin Spinners Limited	8 Nov Q2FY23	—	unread	-5.7%	-10.0%	-10.3%	-11%	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.	›
OMINFRALOM INFRA LIMITED	8 Nov Q2FY23	—	unread	-8.1%	-3.0%	-3.3%	-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.	›
ONMOBILEOnMobile Global Limited	8 Nov Q2FY23	—	unread	-5.1%	-7.8%	-8.1%	-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	›
PENINLANDPeninsula Land Limited	8 Nov Q2FY23	—	unread	+5.3%	-8.9%	-9.3%	-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.	›
POLICYBZRPB Fintech Ltd.	8 Nov Q2FY23	—	unread	-3.1%	+3.8%	+3.4%	-24%	no figures	Fell 24% 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	›
RAMCOSYSRamco Systems Limited	8 Nov Q2FY23	—	unread	-6.0%	-4.7%	-5.1%	-11%	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. 2 more	›
RATEGAINRategain Travel Technologies Limited	8 Nov Q2FY23	—	unread	-1.7%	-3.7%	-4.0%	+6%	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	›
RUCHIRARuchira Papers Limited	8 Nov Q2FY23	—	unread	+5.1%	+9.7%	+9.4%	+1%	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	›
SANSERASansera Engineering Limited	8 Nov Q2FY23	—	unread	+1.6%	+2.0%	+1.7%	+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.	›
SHANKARAShankara Building Products Limited	8 Nov Q2FY23	—	unread	-3.6%	-3.4%	-3.8%	-2%	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	›
SOMICONVEYSomi Conveyor Beltings Limited	8 Nov Q2FY23	—	unread	-2.2%	-12.7%	-13.1%	-11%	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.	›
SPECIALITYSpeciality Restaurants Limited	8 Nov Q2FY23	—	unread	+4.1%	-7.2%	-7.6%	-10%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 10 points in the fortnight before — someone was taking stock home. 1 more	›
SRFSRF Ltd.	8 Nov Q2FY23	—	unread	-3.6%	-6.0%	-6.3%	-7%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 7 points in the fortnight before — someone was taking stock home. 2 more	›
STARTECKStarteck Finance Limited	8 Nov Q2FY23	—	unread	+1.3%	-4.7%	-5.1%	-1%	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	›
SUMMITSECSummit Securities Limited	8 Nov Q2FY23	—	unread	+0.3%	+1.3%	+1.0%	-6%	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.	›
TAJGVKTaj GVK Hotels & Resorts Limited	8 Nov Q2FY23	—	unread	-1.0%	-0.6%	-1.0%	+7%	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	›
TCPLPACKTCPL Packaging Limited	8 Nov Q2FY23	—	unread	+14.4%	+27.8%	+27.5%	+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.	›
TEXINFRATexmaco Infrastructure & Holdings Limited	8 Nov Q2FY23	—	unread	-1.0%	+0.8%	+0.5%	-1%	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	›
TEXRAILTexmaco Rail & Engineering Limited	8 Nov Q2FY23	—	unread	-3.9%	+8.9%	+8.6%	+8%	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. 2 more	›
THEMISMEDThemis Medicare Limited	8 Nov Q2FY23	—	unread	+0.1%	+0.2%	-0.2%	-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. 2 more	›
UGARSUGARThe Ugar Sugar Works Limited	8 Nov Q2FY23	—	unread	-5.0%	-3.5%	-3.8%	+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	›
USHAMARTUsha Martin Ltd.	8 Nov Q2FY23	—	unread	-8.5%	-10.8%	-11.1%	+10%	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.	›
VHLVardhman Holdings Limited	8 Nov Q2FY23	—	unread	-1.1%	-4.4%	-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	›
VINYLINDIAVinyl Chemicals (India) Limited	8 Nov Q2FY23	—	unread	-8.2%	-16.0%	-16.3%	-11%	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	›
VISHWARAJVishwaraj Sugar Industries Limited	8 Nov Q2FY23	—	unread	-6.1%	-8.4%	-8.8%	-4%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 10 points in the fortnight before — someone was taking stock home. 2 more	›
VSTINDVST Industries Limited	8 Nov Q2FY23	—	unread	-4.0%	+4.8%	+4.4%	+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. 1 more	›
XPROINDIAXpro India Limited	8 Nov Q2FY23	—	unread	-0.8%	-5.2%	-5.6%	+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.	›
ZEEMEDIAZee Media Corporation Limited	8 Nov Q2FY23	—	unread	-9.5%	-5.0%	-5.4%	-6%	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.	›
ABCAPITALAditya Birla Capital Ltd.	7 Nov Q2FY23	—	unread	+0.6%	+0.4%	+0.0%	+11%	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. 2 more	›
AFFLEAffle 3i Ltd.	7 Nov Q2FY23	—	unread	+2.5%	+6.6%	+6.2%	-9%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 7 points in the fortnight before — someone was taking stock home. 1 more	›
AGRITECHAgri-Tech (India) Limited	7 Nov Q2FY23	—	unread	-2.5%	-8.6%	-9.3%	+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. 3 more	›
ANMOLAnmol India Limited	7 Nov Q2FY23	—	unread	+3.5%	+2.3%	+1.9%	-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	›
ASPINWALLAspinwall and Company Limited	7 Nov Q2FY23	—	unread	+0.1%	-9.4%	-10.1%	-14%	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	›
AWLAWL Agri Business Ltd.	7 Nov Q2FY23	—	unread	-0.6%	-6.4%	-6.7%	-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. 2 more	›
BALMLAWRIEBalmer Lawrie & Company Limited	7 Nov Q2FY23	—	unread	+0.4%	+3.4%	+2.7%	-1%	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	›
COALINDIACoal India Ltd.	7 Nov Q2FY23	—	unread	+1.6%	-7.6%	-7.9%	+10%	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. 3 more	›
DIVISLABDivi's Laboratories Ltd.	7 Nov Q2FY23	—	unread	-3.7%	-3.4%	-3.7%	-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. 3 more	›
DMCCDMCC SPECIALITY CHEMICALS LIMITED	7 Nov Q2FY23	—	unread	-6.7%	-10.2%	-10.6%	—	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	›
DREAMFOLKSDreamfolks Services Limited	7 Nov Q2FY23	—	unread	-3.8%	-13.3%	-14.0%	+12%	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. 2 more	›
EIHOTELEIH Ltd.	7 Nov Q2FY23	—	unread	-1.6%	-7.3%	-7.7%	-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.	›
ELECONElecon Engineering Co. Ltd.	7 Nov Q2FY23	—	unread	+9.3%	+7.5%	+6.8%	+6%	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	›
GOACARBONGoa Carbon Limited	7 Nov Q2FY23	—	unread	+14.5%	+23.1%	+22.4%	+14%	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	›
GREENPLYGreenply Industries Limited	7 Nov Q2FY23	—	unread	-4.4%	-7.1%	-7.4%	-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	›
HESTERBIOHester Biosciences Limited	7 Nov Q2FY23	—	unread	-2.3%	-4.6%	-5.3%	-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	›
HITECHGEARThe Hi-Tech Gears Limited	7 Nov Q2FY23	—	unread	+0.8%	+11.1%	+10.7%	+7%	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	›
HMVLHindustan Media Ventures Limited	7 Nov Q2FY23	—	unread	+2.6%	+6.1%	+5.7%	-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. 2 more	›
HTMEDIAHT Media Limited	7 Nov Q2FY23	—	unread	-6.8%	-6.6%	-6.9%	-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	›
IMPALIndia Motor Parts and Accessories Limited	7 Nov Q2FY23	—	unread	+2.4%	-1.9%	-2.3%	+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	›
INDIACEMIndia Cements Ltd.	7 Nov Q2FY23	—	unread	-3.1%	-5.8%	-6.1%	-5%	no figures	No reported figures on file for this quarter, so the result itself could not be judged. Delivery share rose 7 points in the fortnight before — someone was taking stock home. 1 more	›