Week ended 23 Oct 2026
Nifty 500 fell 3.8% as 7% of covered constituents advanced
Cement led tracked themes at -1.7%. 129 results entered the weekly window; 23 qualified order announcements were tracked. Data are frozen through 23 Oct 2026 and each stock or event links back to its evidence.
Executive readout
What changed this week
Price, participation and fresh company evidence are shown separately.
Market map
Returns and participation
Returns use the close before the report week as the base and the final completed session as the endpoint.
Coverage 100.0% (499/499); A/D ratio 0.07.
Global context
Nifty 50, Nifty 500 & Dow Futures
All three lines start at 100, making direction and relative performance comparable despite different index levels.
Dow Futures led the comparison window, finishing 8.4 percentage points ahead of Nifty 500.
Dow Futures is a global risk cue captured during Indian market hours, not the official Dow Jones cash close. Returns are local-index moves and are not currency-adjusted. Supplement frozen 24 Oct 2026, 07:15 am · weekly-global-context-v2.0.0.
Theme intelligence
Leadership now, rotation next
Theme returns show current leadership. The quadrant map tests whether relative strength versus Nifty 500 is improving or fading.
One-week theme leaders
Relative-strength rotation
Benchmark: Nifty 500Pure price leadership
Five-session leaders by market cohort
These names rank only on price movement, not U-Score, Four-Score or a recommendation model.
| Cohort | Company | Price | 1D | 1W | 1M | YTD | As of |
|---|---|---|---|---|---|---|---|
| Nifty 50 | WIPRO Wipro Limited | ₹189.84 | -0.3% | +9.1% | +14.4% | -27.9% | 23 Oct |
| TECHM Tech Mahindra Limited | ₹1,790 | -2.1% | +8.5% | +15.4% | +12.5% | 23 Oct | |
| TCS Tata Consultancy Services Limited | ₹2,530 | +0.9% | +7.7% | +20.2% | -21.1% | 23 Oct | |
| Mid Cap | FEDERALBNK The Federal Bank Limited | ₹340.9 | -2.0% | +1.8% | +4.3% | +27.6% | 23 Oct |
| KPITTECH KPIT Technologies Limited | ₹532.65 | -0.9% | +1.3% | +0.7% | -54.6% | 23 Oct | |
| MPHASIS MphasiS Limited | ₹2,480 | -0.8% | +1.1% | +9.5% | -11.2% | 23 Oct | |
| Small Cap | COMFINTE Comfort Intech Limited | ₹8.72 | -4.9% | +35.0% | +50.3% | N/A | 23 Oct |
| PASHUPATI Pashupati Cotspin Limited | ₹104.31 | +5.0% | +29.2% | +30.1% | +28.9% | 23 Oct | |
| REPL Rudrabhishek Enterprises Limited | ₹72.41 | -6.8% | +28.3% | +25.6% | -38.0% | 23 Oct | |
| Micro Cap | CCAVENUE AvenuesAI Limited | ₹116.3 | -0.6% | +680.5% | +659.1% | N/A | 23 Oct |
| AGOL Ashapuri Gold Ornament Limited | ₹6.71 | -9.9% | +48.5% | N/A | N/A | 23 Oct | |
| PCJEWELLER PC Jeweller Limited | ₹18.04 | -0.2% | +24.8% | +32.8% | +89.3% | 23 Oct | |
| SME | REFRACTORY Refractory Shapes Ltd. | ₹38.85 | +5.0% | +27.4% | +17.0% | -29.5% | 23 Oct |
| YUDIZ Yudiz Solutions Ltd. | ₹26.8 | +4.9% | +21.0% | +15.0% | +1.7% | 23 Oct | |
| KORE Jay Jalaram Technologies Ltd. | ₹325.15 | -0.5% | +20.9% | +98.1% | +106.1% | 23 Oct |
Latest price versus five completed sessions earlier; unavailable when completed history is stale.
Company evidence
Results and revenue visibility
Fresh financial delivery and exchange-sourced order disclosures are kept distinct from price leadership.
Reported this week
36 Excellent · 20 Good
| Company | Score | Revenue YoY | PAT YoY | Since result |
|---|---|---|---|---|
| IGIL EXCELLENT · 21 Oct | 100 | +30.9% | +43.0% | +18.7% |
| GRWRHITECH EXCELLENT · 22 Oct | 100 | +22.0% | +42.2% | +5.6% |
| PANACHE EXCELLENT · 23 Oct | 100 | +231.8% | +552.1% | 0.0% |
| SPLPETRO EXCELLENT · 23 Oct | 100 | +77.4% | +102.4% | 0.0% |
| ASAL EXCELLENT · 23 Oct | 100 | +59.0% | +129.4% | 0.0% |
| JSWSTEEL EXCELLENT · 23 Oct | 100 | +20.7% | +225.6% | 0.0% |
| CGPOWER EXCELLENT · 23 Oct | 100 | +30.1% | +44.0% | 0.0% |
| PONNIERODE EXCELLENT · 23 Oct | 100 | +40.3% | +49.0% | 0.0% |
| SUKHJITS EXCELLENT · 23 Oct | 100 | +155.2% | +585.5% | 0.0% |
| STLTECH EXCELLENT · 23 Oct | 100 | +144.6% | +12825.0% | 0.0% |
Order announcements
3 quantified · 0 at least 20% of market cap
Bagging/Receiving of orders/contracts: KEC International wins New Orders of Rs. 1,006 crores
Welspun Corp Limited has informed the Exchange about Bagging/Receiving of orders/contracts - Welspun Corp Awarded a Very Large and Prestigious Order, Valued at approx ( approx. Rs.5,500 crore) to Supply Coated Line Pipes for a Natural Gas Pipeline Project in USA
Intimation regarding receipt of purchase order.
Highway Infrastructure Limited has informed the Exchange about Bagging/Receiving of orders/contracts
Waaree Renewable Technologies Limited has informed the Exchange about Bagging/Receiving of orders/contracts
TeamLease: Intimation on receipt of Order dated October 22, 2026 passed by the Hon''ble High Court of Gujarat
Award of Work Order for Establishment and Operation of the Integrated 104 Health Helpline, Telemedical Consultation and Grievance Redressal Services through Call Centre and Digital (Web Application) Interfaces in the State of Uttarakhand
Lokesh Machines Limited has informed the Exchange about Bagging/Receiving of orders/contracts
Jyoti Structures Limited has informed the Exchange about that the Company has received a Letter of Award from Gujarat Energy Transmission Corporation Limited
Balanced evidence
Stock-level signals published during the week
The ledger is split into long-term and technical lanes, ranked only within each lane and collapsed to one row per stock. Results and order wins remain separately attributable above.
| Company / evidence | Research lane | Lane score | U-Score | Trust | Model objective | Invalidation level | Status |
|---|---|---|---|---|---|---|---|
| BPCL Quality Compounder | Long-term evidence | 90 | 90 | 81 | N/A | N/A | OPEN |
| FORCEMOT Compounder | Long-term evidence | 81 | 81 | 86 | N/A | N/A | OPEN |
| BLS Quality Value | Long-term evidence | 81 | 81 | 85 | N/A | N/A | OPEN |
| SUZLON Compounder | Long-term evidence | 75 | 75 | 83 | N/A | N/A | OPEN |
| ZENSARTECH Quality Value | Long-term evidence | 72 | 72 | 83 | N/A | N/A | OPEN |
| HEROMOTOCO Quality Compounder | Long-term evidence | 71 | 71 | 87 | N/A | N/A | OPEN |
| PERSISTENT Double Bottom Base | Technical setup | 100 | 58 | 89 | ₹6,814.13 | ₹5,204.43 | OPEN |
| HBLENGINE Bullish Engulfing | Technical setup | 100 | 66 | 86 | ₹1,034.92 | ₹732.27 | OPEN |
| LTTS Double Bottom Base | Technical setup | 100 | 52 | 86 | ₹4,901.48 | ₹3,543.71 | OPEN |
| IGIL Double Bottom Base | Technical setup | 100 | 68 | 84 | ₹421.6 | ₹319 | OPEN |
| CRISIL Rounded Bottom | Technical setup | 100 | 53 | 84 | ₹5,603.42 | ₹4,364.09 | OPEN |
| DIVISLAB Morning Star | Technical setup | 100 | 43 | 84 | ₹9,828.06 | ₹8,828.97 | INVALIDATED |
One row per stock. Select up to six long-term quality or compounder signals first, then up to six technical signals; rank only within each lane and backfill unused seats from the other lane.
Next-week radar
Scheduled results · 26 Oct 2026 to 01 Nov 2026
Dates come from exchange board-meeting notices and can change. Open the source before relying on a date.
Audit trail
Method and data quality
9 of 9 source sections were available when the edition was frozen.
- Market window
- Completed NSE sessions from 2026-10-19 through 2026-10-23; the final session may precede Friday in a holiday-shortened week.
- Breadth
- Equal-count advance/decline breadth among active stocks tagged to the Nifty 500, using the certified NSE corporate-action-adjusted series.
- Stock ranking
- Top three stocks in each market cohort by price return over five completed sessions. Ranking does not use U-Score or Four-Score.
- Themes
- Robust equal-weight theme returns with breadth and coverage checks; rotation is measured against Nifty 500 using 13-week relative return and four-week acceleration.
- Global context
- Final India-session observations for Nifty 50, Nifty 500 and Dow Futures are aligned by date and each series is rebased to 100 at the first shared observation. Dow Futures is a global risk cue captured during Indian market hours, not the official Dow Jones cash close. Returns are local-index moves and are not currency-adjusted.
- Events
- Results, exchange-sourced order announcements and published IndiaPulse signals are included only when their dated evidence falls inside the report window.
- Limitations
- This is a descriptive evidence snapshot, not a buy list. Returns exclude costs and liquidity impact; incomplete data remain visible as limitations rather than being imputed.
Immutable archive
Weekly editions
A published edition is never silently rewritten; later weeks create new records.