Here is the “Capsule” of the data that is revealed in the markets. This has been collated and curated to make tradeable sense.
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. (Bulk/ Block Deals for 14-Dec)
GIC Housing Finance
Background: The primary business of GICHFL is granting housing loans to individuals and to persons/entities engaged in construction of houses/flats for residential purposes.
The Company is promoted by General Insurance Corporation of India and its erstwhile subsidiaries namely, National Insurance Company Limited, The New India Assurance Company Limited, The Oriental Insurance Company Limited and United India Insurance Company Limited together with UTI, ICICI, IFCI, HDFC and SBI, all of them contributing to the initial share capital.
Stock Statistics:
Bulk Deal: Reliance Capital Asset Management which owned 3,240,987 shares or 6.03% through 3 of its Mutual Fund schemes i.e. via Reliance Banking Fund holding 1,186,987 shares or 2.21% ; via Reliance Small Cap Fund holding 1,737,800 shares or 3.23%; via Reliance Capital Builder Fund holding 316,200 shares or 0.59% – has made an additional purchase via Reliance Mid & Small Cap Fund for 280,000 shares or 0.52% at an average market price of Rs. 199/- per share thereby valuing the deal at Rs. 557/- lakhs. This brings its total holding to 3,520,987 shares or 6.55%.
Other Big Investors in GIC Housing Finance as of September, 2015 include LIC of India at 2,550,250 shares or 4.74%; Tata Investment Corporation at 1,900,000 shares or 3.53%; and Pabrai Investment Fund at 558,127 shares or 1.04%.
This is what the market said about the deal: Business Line, Business Standard, Moneycontrol,
Results:
Sanco Industries
Background: Lead manufacturer of Steel tubes ranging from Rigid PVC Conduit Pipes, PVC Casings and Capping, PVC/PP-R Plumbing Pipes, PVC Insulated Domestic Wires and Cables and Copper Wire Rod.
Stock Statistics: None
Bulk Deal: The same firms that purchased the shares a few days ago, repeated the process again on 15-December. (Read here)
An unknown firm Adhunik Plastochem had maintained a steady buy of Sanco Industries. The firm today purchased 48,000 shares at an average price of Rs. 44.70/- thereby valuing the deal at Rs. 21 lakhs.
Another unknown firm KSJ Investment Company has mirrored the transactions made by Adhunik Plastochem. The firm has purchased 48,000 shares at an average price of Rs. 44.70/- thereby valuing the deal at Rs. 21 lakhs.
A third unknown firm Minshi Creation has also mirrored these transactions. The firm has purchased 48,000 shares at an average price of Rs. 44.60/- thereby valuing the deal at Rs. 21 lakhs.
Since the shareholding of Sanco has not been disclosed to the stock exchanges, it is uncertain if these transactions are promoter related or even if they have been disclosed to the stock exchanges as disclosures.
News: None
Results: None
Tara Jewels – Capital Mind Outlier Stock
Background: An integrated player in the jewellery industry with experience ranging from designing to manufacturing and retailing of jewellery with a portfolio of products that includes studded gold, platinum and silver jewellery.
After experiencing success in manufacturing and international retail Tara Jewels set up its India jewelry retail business in 2010 under the brand name
Tara Jewellers to offer customers certified diamond and hallmarked gold jewellery exemplifying fine craftsmanship and exquisite designs. Tara Jewellers currently operates company owned stores across Metros, Tier I, Tier II and Tier III Indian cities.
Stock Statistics:
Bulk Deal: Ace Investor Porinju V. Veliyath of Equity Intelligence purchased 150,000 shares or 0.61% at an average price of Rs. 52.64/- per share thereby valuing the deal at Rs. 79/- lakhs. (Also read: Shilpa Porinju buys Globus Spirits, Porinju Veliyath buys Arvind Infrastructure, Shilpa Porinju Veliyath buys Alpa Laboratories, Porinju Veliyath buys Arvind Infrastructure again,, Porinju Veliyath buys Atlas Cycles.)
Here are some of the transactions made by the Veliyath Pariwar in 2015:
Other Big Investors in Tara Jewels as of September, 2015 include Crystalon Finanz AG (subsidiary of Swarovski) at 1,800,000 shares or 7.31%; ICICI Prudential Balanced Fund at 269,823 shares or 1.10% (as of November, 2015) ; DB International (Asia) at 478,348 or 1.94%; Intime Equities at 300,020 shares or 1.22%; Sharekhan at 285,252 shares or 1.16%.
This is what the market said about the deal: Business Standard
News: CARE revises ratings assigned to bank facilities of Tara Jewels
Results:
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 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 (15th Dec 2015):
