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.
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 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 (20th Nov 2015):
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: One of India’s leading women’s clothing manufacturers. The company has three (03) manufacturing facilities of which two (02) are situated at Kanakapura road in Bengaluru and one (01) is situated in Roorkee, Uttarakhand.
Bulk Deal: Nalanda India Equity Fund which owns 1,492,057 shares or 8.88% as of September, 2015 today sold 150,161 shares or 0.89% in the open market at an average price of Rs. 233.60/- per share. With this sale, their stake has been reduced to 1,341,896 shares or 7.99%. (Read more about their other holdings).
Latest News: None
Background: Technology driven company, focusing on creating India’s largest network of last-mile retail points-of-sale, to potentially enable every Indian to seamlessly benefit from financial inclusion, Government programs and from a wider access to basic goods and services.
Bulk Deal: Two very little known firms Bluepearl Trading Company and Cybermetix Automation which do not have any holding other than in Vakrangee, sold a significant stake of Vakrangee in the open market.
Bluepearl Trading Company held 27,628,500 shares or 5.22% as of September, 2015 today sold 5,500,000 shares or 1.04% at an average price of Rs. 147.05/- per share. With this sale, their stake has been reduced to 22,128,500 shares or 4.18%.
Cybermetix Automation held lower than 1% as of September, 2015 sold 3,846,392 shares or 0.73% at an average price of Rs. 147.02/- per share. Since no information of the previous holding is available, we cannot ascertain the remaining stake of Cybermetix Automation in Vakrangee.
Wellington Trust Company purchased 8,776,247 shares or 1.66% at an average price of Rs. 147/- per share from the open market. Other holdings of Wellington Trust Company have been mentioned below.
Latest News: None