📅 JM Financial Limited Seasonality

JM Financial Limited (JMFINANCIL) has ended October higher in 10 of the last 19 years (53%), with an average October move of +2.4%. The strongest October was 2013 (+32.9%) and the weakest was 2008 (-40.9%).

JMFINANCIL · data since 2006 (21 yrs) Prices through 16 Oct 2026
10/19
Octobers closed higher
+2.4%
Avg October move
-5.9%
October so far
May
Best month · avg +10.9%
March
Weakest month · avg -6.2%
21
Years of history
Current month: October 2026 historically up 53% of years (10/19) avg +2.4% best 2013 +32.9% worst 2008 -40.9% so far -5.9%

JM Financial Limited's historically strongest month is May — up in 13 of 20 years (65%) with an average gain of +10.9%. The weakest month has been March, averaging -6.2% with gains in only 7 of 20 years. The most consistent month by hit rate is April (15/20 years positive).

📊 Average return by month

2006–2026 · completed months only
Bars above the zero line are months JMFINANCIL typically gained; hover for hit rates.

🗓️ Month-by-month returns (2006–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg -3.4-1.3-6.2+7.8+10.9+0.2+3.7+2.0+2.1+2.4-0.3+5.3
Up % 40%45%35%75%65%45%55%70%60%53%50%70%
2026 -14.1 -0.9 -11.1 +22.4 -6.3 -6.2 -0.1 +4.8 +0.8 -5.9 · ·
2025 -15.3 -16.2 +4.1 +5.7 +25.8 +24.7 -0.9 +12.5 -10.0 +2.7 -11.4 +3.3
2024 +13.9 -14.0 -22.4 +19.0 -11.6 +11.4 +19.7 +1.7 +41.3 -6.9 -2.7 -4.8
2023 -8.7 +0.0 -8.7 +1.8 +15.7 +4.6 +6.0 +0.4 +10.4 -5.3 +2.7 +17.1
2022 -1.4 -7.2 -0.7 +13.7 -14.7 -7.0 +4.3 +0.6 +17.6 -9.0 +8.6 -3.8
2021 -5.3 +13.6 -7.0 -5.0 +9.6 +0.5 +19.7 -12.7 +0.1 -5.0 -19.1 +4.6
2020 +12.0 +0.2 -38.7 +1.6 -2.9 +9.5 +6.7 +9.3 -5.4 +2.8 +3.8 +2.5
2019 -17.6 +0.3 +21.2 -5.9 +7.9 -19.6 -12.8 +9.5 +8.1 -1.6 +16.5 +3.7
2018 +19.5 -9.6 -12.7 +10.6 -3.8 -15.5 +2.0 +1.9 -28.2 -12.4 +16.2 +6.6
2017 +3.5 +24.8 +4.4 +30.4 +7.1 -4.4 +2.3 +11.7 +2.9 +19.1 -8.4 +4.2
2016 -16.4 -7.4 +5.7 +8.1 +11.8 +13.7 +39.4 -7.2 -2.6 +31.8 -17.8 -5.3
2015 +11.0 +3.9 -11.6 -1.7 +5.4 -10.1 +18.4 -11.2 -5.3 -6.0 -2.9 +19.0
2014 -14.1 +3.3 -1.4 +11.4 +18.8 +26.1 -1.1 +7.7 -10.8 +21.2 +6.3 -6.2
2013 -8.1 -18.3 -1.2 +8.9 +43.2 +8.3 -26.9 -2.3 +9.7 +32.9 +3.4 +1.0
2012 +24.8 +23.2 -14.7 -10.9 -14.0 +5.4 +3.6 +11.3 +12.6 +4.5 +7.1 +27.5
2011 -22.4 -13.4 +7.4 +18.9 -12.1 -8.9 -2.3 -17.5 -7.8 +14.2 -19.6 -21.9
2010 -14.0 -7.3 +0.8 -2.4 +3.4 -3.9 -8.4 -3.5 +16.6 +4.3 -13.5 -0.7
2009 -23.5 +11.9 -4.4 +8.2 +124.3 -10.3 -10.2 +12.8 +4.4 -10.8 -5.0 +17.6
2008 +5.1 -26.6 -40.9 +19.2 +3.3 -11.2 -8.9 +3.8 -32.1 -40.9 +0.5 +15.9
2007 +3.4 +14.0 +8.2 +1.6 +6.2 -4.0 +24.3 +5.6 +20.3 +9.7 +31.2 +21.4
2006 · · · · · · · · · · -1.6 +5.4

🏆 Top 25 seasonal picks — October 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 MUTHOOTFIN Muthoot Finance Limited 13/15 yrs up 87% +4.4% -5.1%
2 POKARNA Pokarna Limited 9/10 yrs up 90% +9.7% +1.2%
3 STYRENIX Styrenix Performance Materials Limited 18/22 yrs up 82% +3.7% +2.3%
4 TBZ Tribhovandas Bhimji Zaveri Limited 12/14 yrs up 86% +12.3% +19.5%
5 RAMCOCEM The Ramco Cements Limited 17/22 yrs up 77% +0.6% -4.8%
6 OBEROIRLTY Oberoi Realty Limited 12/15 yrs up 80% +6.1% -3.5%
7 PDSL PDS Limited 9/11 yrs up 82% +9.4% -2.8%
8 MCX Multi Comm. Exc. 11/14 yrs up 79% +8.9% -4.2%
9 INDOTECH Indo Tech Transformers Limited 15/20 yrs up 75% +6.7% -3.8%
10 SUZLON Suzlon Energy Limited 15/20 yrs up 75% +4.8% +6.4%
11 RSYSTEMS R Systems International Limited 15/20 yrs up 75% +4.2% -6.6%
12 IFBAGRO IFB Agro Industries Limited 16/22 yrs up 73% +11.7% -3.1%
13 GMDCLTD Gujarat Mineral Development Corporation Limited 16/22 yrs up 73% +8.5% -7.2%
14 USHAMART Usha Martin Limited 16/22 yrs up 73% +6.0% -1.5%
15 GSFC Gujarat State Fertilizers & Chemicals Limited 16/22 yrs up 73% +4.6% -1.3%
16 ICICIBANK ICICI Bank Limited 16/22 yrs up 73% +4.5% +5.7%
17 SHRIRAMFIN Shriram Finance Limited 16/22 yrs up 73% +2.8% -4.3%
18 KABRAEXTRU Kabra Extrusion Technik Limited 16/22 yrs up 73% +2.2% +0.4%
19 HIRECT Hind Rectifiers Limited 14/19 yrs up 74% +4.7% -2.7%
20 TI Tilaknagar Industries Limited 12/16 yrs up 75% +9.5% +2.0%
21 KECL Kirloskar Electric Company Limited 12/16 yrs up 75% +8.0% -1.9%
22 IMFA Indian Metals & Ferro Alloys Limited 12/16 yrs up 75% +8.0% -0.9%
23 DBREALTY Valor Estate Limited 12/16 yrs up 75% +7.4% -9.7%
24 ATULAUTO Atul Auto Limited 10/13 yrs up 77% +8.3% -5.6%
25 MINDTECK Mindteck (India) Limited 8/10 yrs up 80% +5.1% -2.8%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
Current quarter: Q4 2026 historically up 58% of years (11/19) avg +7.3% so far -5.9%

By quarter, Q2 (Apr–Jun) has been the strongest for JMFINANCIL: up in 13 of 20 years, averaging +19.6%. Q1 (Jan–Mar) has been the softest (-10.9% on average). The current quarter (Q4) has historically closed higher 58% of the time.

📊 Average return by quarter

Q1 = Jan–Mar … Q4 = Oct–Dec
Calendar quarters, close-to-close. Hover for hit rates.

🗓️ Quarter-by-quarter returns

dashed cell = current quarter to date
Year Q1Q2Q3Q4
Avg -10.9+19.6+8.2+7.3
Up % 30%65%70%58%
2026 -24.3 +7.7 +5.5 -5.9
2025 -26.1 +65.8 +0.2 -6.0
2024 -24.0 +17.2 +72.0 -13.7
2023 -16.6 +23.2 +17.6 +13.8
2022 -9.1 -9.8 +23.5 -5.0
2021 +0.1 +4.7 +4.6 -19.6
2020 -31.3 +8.1 +10.4 +9.3
2019 +0.2 -18.3 +3.2 +18.9
2018 -5.7 -10.1 -25.3 +8.5
2017 +34.9 +33.6 +17.6 +13.8
2016 -18.1 +37.5 +25.9 +2.5
2015 +1.9 -6.8 -0.4 +8.6
2014 -12.5 +66.9 -5.0 +20.8
2013 -25.8 +69.0 -21.7 +38.9
2012 +31.0 -19.3 +29.8 +42.6
2011 -27.8 -4.8 -25.7 -28.3
2010 -19.7 -3.1 +3.1 -10.5
2009 -18.1 +117.7 +5.8 -0.3
2008 -54.4 +9.4 -35.8 -31.1
2007 +27.5 +3.5 +57.8 +74.6

🏆 Top 25 seasonal picks — Q4 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 RHIM RHI MAGNESITA INDIA LIMITED 13/14 yrs up 93% +14.0% -3.8%
2 APOLLOHOSP Apollo Hospitals Enterprise Limited 19/22 yrs up 86% +6.2% -3.4%
3 RSYSTEMS R Systems International Limited 17/20 yrs up 85% +24.7% -6.6%
4 STAR Strides Pharma Science Limited 18/22 yrs up 82% +6.3% -6.7%
5 DRREDDY Dr. Reddy's Laboratories Limited 18/22 yrs up 82% +4.5% +0.0%
6 PROZONER Prozone Realty Limited 12/14 yrs up 86% +19.8% -3.9%
7 POLYMED Poly Medicure Limited 12/14 yrs up 86% +9.2% -4.8%
8 INDOTECH Indo Tech Transformers Limited 16/20 yrs up 80% +23.2% -3.8%
9 TI Tilaknagar Industries Limited 13/16 yrs up 81% +22.7% +2.0%
10 FIEMIND Fiem Industries Limited 15/19 yrs up 79% +14.2% +2.2%
11 BSOFT BIRLASOFT LIMITED 17/22 yrs up 77% +21.8% +17.1%
12 SONATSOFTW Sonata Software Limited 17/22 yrs up 77% +20.2% -4.0%
13 FACT Fertilizers and Chemicals Travancore Limited 17/22 yrs up 77% +20.1% -3.3%
14 TVSHLTD TVS Holdings Limited 17/22 yrs up 77% +15.4% -5.0%
15 APARINDS Apar Industries Limited 17/22 yrs up 77% +15.1% -7.8%
16 STYRENIX Styrenix Performance Materials Limited 17/22 yrs up 77% +11.0% +2.3%
17 EPL EPL Limited 17/22 yrs up 77% +10.4% -2.1%
18 TORNTPHARM Torrent Pharmaceuticals Limited 17/22 yrs up 77% +8.5% -5.0%
19 WIPRO Wipro Limited 17/22 yrs up 77% +8.4% +16.3%
20 HINDALCO Hindalco Industries Limited 17/22 yrs up 77% +7.6% -3.6%
21 VTL Vardhman Textiles Limited 17/22 yrs up 77% +7.4% -0.5%
22 HDFCBANK HDFC Bank Limited 17/22 yrs up 77% +6.2% +2.8%
23 COROMANDEL Coromandel International Limited 17/22 yrs up 77% +5.9% +0.0%
24 ASIANPAINT Asian Paints Limited 17/22 yrs up 77% +4.3% -2.9%
25 JPOLYINVST Jindal Poly Investment and Finance Company Limited 10/12 yrs up 83% +34.9% +2.1%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
❓ JMFINANCIL seasonality — FAQ
How often does JM Financial Limited rise in October?
Historically JMFINANCIL has closed October with a gain in 10 out of 19 years — a 53% hit rate — averaging +2.4% for the month (data since 2006).
Which is the best month to buy JM Financial Limited historically?
Based on 20 years of data, May has been JMFINANCIL's strongest month: positive in 65% of years with an average return of +10.9%. Past seasonality does not guarantee future results.
Which is the weakest month for JM Financial Limited?
March has historically been the weakest month for JMFINANCIL, with an average move of -6.2% and gains in just 7 of 20 years.
Which quarter is historically strongest for JM Financial Limited?
Q2 (Apr–Jun) — positive in 13 of 20 years with an average return of +19.6%.
Does seasonality guarantee future returns?
No. Seasonality is a historical tendency, not a prediction. It reflects how a stock happened to trade in past calendar periods and can break at any time. Use it as one research input alongside fundamentals and technicals, and consult a SEBI-registered adviser before investing.

Methodology: returns are close-to-close over calendar months and quarters, computed from adjusted daily prices since 2006. A period's return is only counted when the immediately preceding period also traded. Statistics cover completed periods; the current period is shown separately as “so far”. Seasonality is a historical tendency, not a prediction or investment advice. Consult a SEBI-registered adviser before investing.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI