Lodestar
Indian equity and fund research, explained

Two thousand stocks.
Twenty-five worth reading.

Lodestar screens every stock listed on the NSE and every mutual fund scheme AMFI publishes, each day, and explains what it found in plain English. On the equity side it reads price history, liquidity, company size and profit growth, narrows roughly two thousand stocks to a shortlist, and gives each one a price range to buy in, a target, and the level at which the idea is wrong. On the fund side it scores schemes on rolling returns, risk-adjusted returns, alpha, capture ratios and drawdowns rather than trailing returns alone — with the reasoning, the evidence and the confidence behind every number laid out beside it.

~2,000screened daily
19themes ranked
0numbers unexplained
See how it decides

Sign in

Accounts differ in what they can see.

Sessions last 12 hours. Sign out ends one immediately, so you can switch accounts.

How it works

Most of the market is noise.
The work is proving which part.

  1. 01

    Read the whole market

    Six years of daily prices for every NSE listing, refreshed each run, straight from the exchange's own list so new IPOs appear on their own.

  2. 02

    Throw most of it away

    Too illiquid to trade, too small to trust, profits not actually growing. Each rejection is recorded with the reason.

  3. 03

    Score what survives

    Eight rules across trend, pullback depth, momentum and valuation — measured against each stock's own history, not a league table.

  4. 04

    Show the working

    Entry, target, stop, an earnings-based fair value that caps the target, and the reasoning as plain bullet points.

A lodestar is not the destination.
It is the fixed point you check your bearing against.

Where everything goes

Nothing disappears quietly.

Every listing that starts the run ends the run in exactly one of four places, and you can open all four. A screener that only shows you its winners is asking you to trust the part you cannot see.

  • 1,348

    Rejected

    Failed a hard gate — thin trading, small size, or profits that are not actually rising. Each one is listed with the reason in words, not codes.

  • 519

    Neutral

    Passed the gates but did not score highly enough to shortlist. Real companies having an unremarkable moment — worth a look, not a call.

  • 183

    New listings

    Too young to judge. A stock needs history before a 200-day average or a five-year return means anything, so these wait rather than get guessed at.

  • 25

    Shortlisted

    Cleared every gate and scored well enough to be written up in full, each with a stated action: buy, accumulate, hold or sell.

Inside

Six ways to look at the same morning.

Suggestions

The shortlist, each marked buy, accumulate, hold or sell, with an entry range, a target, a stop and the reasoning that produced them.

25 today

Themes

Nineteen buckets — defence, data centres, power, capital goods and the rest — ranked by how their members are actually moving, not by what is being talked about.

19 buckets

Neutral

Everything that passed the gates without standing out, ranked by potential and carrying the same entry, target and stop levels as the shortlist.

519 today

Rejected

Searchable, with the failure written out plainly: which test, what the number was, and what it needed to be. Disagreeing with the screen requires seeing it.

1,348 today

Headlines

Market news pulled through the day and rewritten so a ten-year-old could follow it, each story naming the companies it actually touches with tickers.

refreshed hourly

Methodology

Every rule, threshold and formula on one page, each explained twice — once precisely, once in plain English. Nothing on this site is a black box.

8 rules

Anatomy of a call

Four numbers, and where
each one comes from.

  1. ENT

    Entry range

    Built around support — the 50-day average, or a few percent under today's price if that average sits above it. Buying into the range, not chasing the print.

  2. TGT

    Target

    Eight percent below the 52-week high, because stocks reach that high far less often than a screen assumes. Then capped by fair value — today's PE on next year's earnings — so the target has to be one the business can actually pay for.

  3. STP

    Stop

    A fixed percentage below entry, stated up front. Deciding the exit before the position exists is the entire point of writing it down.

  4. POT

    Potential

    Simply target divided by today's price. It is arithmetic, not a forecast — and when earnings do not support the target, the card says so in those words.

52-week high Target 8% under Today Entry around support Stop
The line reaches its own 52-week high, and the target sits 8% under it.
Green is what you are playing for; red is what you are risking to find out.

Honest limits

What this will not do
for you.

Worth reading before the first screen, because none of it is fixable by looking harder at the output.

Before you sign in

Reasonable questions.

Is this investment advice?

No, and the distinction is not a legal formality. This is a program applying fixed arithmetic to public price and earnings data. It does not know your income, your horizon, your tax position or what you already hold — all of which matter more than any screen. Read it the way you would read a stock screener you wrote yourself: as a way to narrow two thousand names down to a few worth your own research.

Where does the data come from?

The list of companies comes from the exchange's own daily equity file, so new listings and delistings arrive without anyone maintaining a list. Prices and fundamentals come from a public market-data feed. News is pulled from published RSS feeds of mainstream Indian financial outlets. There is no paid terminal behind this and no private data.

Why only about 2,000 stocks when India lists roughly 4,500?

The full count includes both exchanges, and most BSE-only names are so thinly traded that a normal order would move the price. Adding BSE was measured directly: it brought in 2,802 additional companies and not one of them cleared the liquidity floor. Screening them would have added noise and run time and changed no conclusion.

How often does it run?

Two schedules. The stock screen runs during market hours, using completed sessions for every average and the live price for the price itself. Headlines refresh far more frequently, since news does not wait for a screening run. Each page shows the timestamp of the data you are looking at.

Why does my stock not appear?

It appears somewhere. Search the rejected list first — it will name the exact gate that failed and the number that failed it. If it is not there, check neutral, which holds everything that passed the gates without scoring well enough to write up, and new listings, which holds anything without enough trading history to measure.

For your own decisions only. Automated analysis of public data — not investment advice, and not a solicitation.