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Capsule – 08 Oct: Bulk Deals and Delivery Volume Shockers!

We are starting a new “Capsule” series which will come to you on a regular basis, of data that is revealed in the markets but needs to be collated, cleaned and filtered to make tradeable sense. We’d love your feedback.

Here is a summary of Bulk Deal transactions in this week. A Bulk deal is a trade, where total quantity bought or sold is more than 0.5% of the number of equity shares of the company. 

The snapshot below excludes the Intra Day Trade, Promoter Exchange and Deals which are not significant in terms of Stock price or Deal value.

Bulk Deals-08Oct 

  • Goldstone Infratech: The Shah family & friends continue their buying streak. They now have over 39 lakh shares worth 6.8 Cr making them the largest non-promoter holders at 10.84%.
  • Hindustan Media Ventures: HDFC Mutual Fund has sold the investment made in Hindustan Media Ventures to the tune of 6 Cr., a part of which has been grabbed up by Kotak Mahindra and Lavender Investments.
  • MRO-TEK: Pai Prakash continued his buy in MRO-TEK with the total holding to the tune of 0.6 Cr.
  • SUBEX: QVT Mauritius West Fund held 6.1% of 12,126,142 number of shares until yesterday. Of this 1,775,000 shares were liquidated for 2 Cr.
  • ELGIE Equipments: Nalanda Equity Fund has picked up stake worth 20 Cr. Or about 1% of the total shareholding.

Delivery Volume Shockers!

We have compiled a list of those stocks which have seen massive increases in the “deliverable quantity to traded quantity %”.

Stocks are traded every day and most stocks see intraday trading (buy and sell on the same day). Intraday trades don’t result in delivery – if a two people buy and sell from each other and square off within the day, there will be volume, but no actual shares will change hands.

Delivery volumes as a percentage of total volume shows us how much of the stock is traded versus held for more than a day. It’s not very useful to use this data to trade per se.

But what is useful is if the delivery percentage JUMPS. If a stock is thinly delivered (say 30% delivery) and jumps up to 80% delivery then we are likely to be seeing some action in that stock because either a big buyer is in or a big seller is. 

Listed below, are the Top 25 for today (8th Oct 2015):

Trading Volumes_08Oct 

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Disclaimer

Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion. 

Disclosure: The authors at Capital Mind have positions in the market and some of them may support or contradict the material given above, or may involve a direction derived from independent analysis.

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