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Capsule – 19/11: Globe Capital Market sells Kalindee Rail Nirman Engineers, Sundaram Mutual Fund sells McNally Bharat Engineering Company while Edelweiss Mutual Fund buys it

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.

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 (19th Nov 2015):

Kirolskar, Delivery Shockers, Exide, Kalpataru, Shriram Transport, JK Lakshmi Cement, TTK Prestige, ABB, Bosch, Service Delivery

Bulk & Block Deals

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.

(Click here for the Bulk/Block Deals for 18-Nov-15Bulk/Block Deals for 17-Nov-15 and Bulk/Block Deals for 16-Nov-15)

 Globe Capital Market, Edelweiss Mutual Fund, Sundram BNP Paribas Mutual Fund, Bulk Block Deals19-Nov

Kalindee Rail Nirman Engineers

Background: A company in the infrastructure space for Rail Transport under one roof on turnkey basis. It has been active in fields of Signaling, Telecommunications, Track and Information Systems. Kalindee is also executing a project for track renewal at Bangladesh for the Bangladesh Railways.

Stock Price: The stock closed at Rs. 140.45/- (+5.64%) after touching an intra-day high of Rs. 144.95/-.

Bulk Deal: Globe Capital Market which owns 338,764 shares or 2.05%, sold 52,151 shares or 0.32% at an average price of Rs. 140.73/-. This brings down their stake to 286613 shares or 1.73%.

Other big investors include SSD Securities at 221,359 shares or 1.34%; Davos International Fund with 180450 shares or 1.09%.

The stock also appeared in the Outliers section:

Kalindee Rail Nirman Engineers, Outlier, MACD

Results Q2-FY16:Net Profit, EPS, Revenue, Kalindee Rail Nirman Engineers

Latest News: Cabinet Committee on Economic Affairs approved rail projects worth 9,500 Crore

Jagdalpur-Koraput, Koraput-Singapur, Kottavalasa-Koraput, Budhapank and Salegaon, river Ganga at Munger

Other stocks which gained in relation to this news are:

BEML, Container Corporation of India, Hind Rectifiers, Kalindee Rail Nirman, Kernex Microsystems,  Texmaco Rail & Engineering, Titagarh Wagons

McNally Bharat Engineering Company

Background: One of the leading Engineering Companies in India engaged in providing turnkey solutions in the areas of Power, Steel, Aluminium, Material Handling, Mineral Beneficiation, Pyro-processing, Pneumatic Handling of powdered materials including fly ash handling and high concentrate disposal, coal washing, Port cranes, Cement, Oil & Gas, civic and industrial water supply etc.

Stock Price: The stock closed at Rs. 96/- (+1.05%) after touching an intra-day high of Rs. 97/-.

Bulk Deal: Sundaram Mutual Fund which owns 1,329,389 shares or 2.63%, sold 300,000 shares or 0.59% at an average of Rs. 95.18/-. This brings down their stake to 1,029,389 shares or 2.04%.

Other big investors include MKN Investment at 5,000,000 shares or 9.88%; Big Whale Rakesh Jhunjhunwala at 3,498,349 or 6.9%; Rajasthan Global Securities at 2,390,338 shares or 4.72%.

Also Edelweiss Mutual Fund bought 296,007 shares or 0.58% at a price of Rs. 95.14/- per share.

The stock also appeared in the Outliers section:

Outlier, RSI, McNally Bharat Engineering Company

Result
s Q2-FY16:
Net Profit, EPS, Revenue, McNally Bharat Engineering Company

Latest News: None

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