Here is the “Capsule” of the data that is revealed in the markets. This has been collated and curated to make tradeable sense.
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.
Background: Leading manufacturer of bulk and specialty chemicals and viscose filament yarn. The business is spread across multiple manufacturing locations in four countries – India, Thailand, Germany and China.
Bulk Deal: Charanjit Singh – an individual investor holding less than 234,657 shares or < 1% of the stock, sold 146,807 shares or 0.63% at an average market price of Rs. 231.27/- per share.
Globe Capital Market which held 284,843 shares or 1.22% as of September, 2015 today sold 157,889 shares or 0.68% at an average price of Rs. 230.94/- per share. With this sale, its stake has reduced to 126,954 shares or 0.54%.
Morgan Stanley Asia (Singapore) which held 582,048 shares or 2.49% as of September, 2015 today purchased 612,584 shares or 2.62% at an average price of Rs. 231.37/- per share. With this purchase, its stake has increased to 1,194,632 shares or 5.11%.
Unifi Capital Alternate Investment Fund – a discretionary fund focusing on event oriented arbitrage and structured investment opportunities across multiple asset classes sold 127,200 shares or 0.54% at an average price of Rs. 231.4/- per share.
Background: Engaged in manufacturing and sale of cutting tools and also power generation through its wind mills in Rajasthan and Karnataka
Bulk Deal: HEM Share Brokers sold 10,800 shares or 0.61% at an average price of Rs. 330/- per share.
Sourabh Cutting Tools which owns 47,200 shares or 2.65% as of September, 2015 purchased an additional 12,000 shares or 0.67% at an average price of Rs. 330/- per share. This increases their share to 59,200 shares or 3.32%.
Sourabh Cutting Tools had earlier purchased 12,000 shares or 0.67% at an average price of Rs. 333/- on 13-Aug-15 and 21,200 shares or 1.19% at an average price of Rs. 332.94/- on 14-Aug-15.
Other big investors include Vibrant Global Capital +2.56% and Alaukik Mines and Power +1.12%.
Background: Cater to four important segments of the alcohol industry – Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), IMFL Bottling and Bulk Alcohol.
Rajasthan Global Securities purchased 321,000 shares or 1.11% at an average price of Rs. 65.82/- per share.
Shilpa Porinju Veliyath – (possibly related to Ace investor – Porinju Veliyath of Equity Wealth Intelligence) purchased 155,000 shares or 0.54% at an average price of Rs. 66.3/- per share.
Other big investors include Templeton Strategic Emerging Markets Fund + 17.49%.
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 (24th Nov 2015):