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 & Block 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. A trade, with a minimum quantity of 5,00,000 shares or minimum value of Rs.5 crore executed through a single transaction on this separate window of the stock exchange will constitute a Block Deal.
The snapshot below excludes the Intra Day Trade, Promoter Exchange and Deals which are not significant in terms of Stock price or Deal value.
Background: A fruit drink manufacturing company with a primary focus on mango fruit, which is the leading flavour for juice drinks in India. It owns brands such as MangoSip, Fruits Up, Manpasand ORS, and Pure Sip. Its MangoSip brand was the 2nd largest selling mango drink in India in 2014.
SBI Mutual Fund which held 2,498,121 shares or 4.99% as of September, 2015 today increased its market share by purchasing 3,55,000 shares or 0.71% from the open market at an average price of Rs. 370/-.
With this purchase its new stake stands at 2,853,121 shares or 5.70% making it the second largest investor behind SAIF Partners which owns 11,186,000 shares or 22.35%. Other investors include Goldman Sachs India Fund +4.99%, Aditya Birla Private Equity Trust +2.79%, ICICI Prudential Balanced Advantage Fund +2.25%, Birla Sun Life Insurance Company +1.31%, and DNB Fund +1.04%.
Background: Onelife together is an investment group specialized in investing in companies offering high growth opportunities. Onelife Capital Advisors Ltd offers strategic advisory services to Corporates, HNIs, and Family Offices.
El Dorado Biotech which held 152,549 shares or 1.14% as of June, 2015 today sold 82,315 shares or 0.61% in the open market at an average price of Rs. 56.57/-. El Dorado Biotech had also made an open market purchase of 100,000 shares or 0.75% at an average price of Rs. 64.50/- on 14-Oct-15.
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 (18th Nov 2015):
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