- Wealth PMS
Here is the “Capsule” of the data that is revealed in the markets. This has been collated and curated to make trade-able 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. (Bulk/Block Deals for 22-Dec, Bulk/Block Deals for 21-Dec, Bulk/Block Deals for 18-Dec, Bulk/Block Deals for 17-Dec, Bulk/ Block Deals for 16-Dec, Bulk/ Block Deals for 15-Dec)
Background: Designs, develops and manufactures sub-systems for RF and microwave systems used in defense, space, meteorology and telecommunication. Astra Microwave’s product portfolio caters to several market segments such as Defense, Telecom, Space, Meteorology, Security, and Satcom.
Bulk Deal: Larsen & Toubro Limited which held 7,950,045 shares or 9.72% as of September, 2015 today sold a significant stake i.e. 5,500,000 shares or 6.72% at an average price of Rs. 135.8/- thereby valuing the deal at Rs. 7469 lakhs.
With this sale their stake is now reduced to 2,450,045 shares or 3% of the entire shareholding.
Other Big Investors include
Other Mutual Fund houses holding this stock include:
The stock is also held by Big Whale – Hasham Investment and Trading Company aka Azim Premji at 3,182,709 shares or 3.89%.
News: L&T sells 79.50 lakh shares of Astra Microwave – Moneycontrol; L&T exits Astra Microwave – The Hindu; Will L&T selling impact Astra Microwave? – Business Line; Astra Microwave Products climbs 4% after block deal – IIFL.
Background: It is a 16 years old Bio-pharmaceutical, based in Hyderabad. The business plan of Celestial Biolabs is essentially based on the production and supply of the biotechnological products which have very significant implications, especially in both Pharmaceutical and Bio-pharmaceutical sectors.
Bulk Deal: Vijay Kumar Sanghvi (HUF) purchased 100,000 shares or 0.54% at an average price of Rs. 41.19/- thereby valuing the deal at Rs. 41 lakhs.
Other Big Investors: None
Background: Dhanlaxmi Bank was incorporated in 1927 at Thrissur, Kerala by a group of entrepreneurs. The Bank is a major player in micro credit in Kerala.
Bulk Deal: Vaidya Deepak Calian sold 969,074 shares or 0.55% at an average price of Rs. 21.64/- thereby valuing the deal at Rs. 210 lakhs.
Other Big Investors:
The stock is also held by Big Whale – Dilipkumar Lakhi & Family at 2,477,740 shares or 1.40% as of September, 2015.
Background: Dr. Lal Path Lab, is India’s first diagnostic service provider to get listed on Indian equity bourses. The company offers patients and healthcare providers a broad range of diagnostic and related healthcare tests and services for use in core testing, patient diagnosis and the prevention, monitoring and treatment of disease and other health conditions.
Bulk Deal: Ashoka PTE – a Singapore based entity purchased 425,000 shares or 0.51% at an average price of Rs. 729.86/- thereby valuing the deal at Rs. 3102 lakhs.
Dr. Lal Path Labs listed on 23-Dec-15 and is being considered as one of the best IPO’s of 2015 after Inter Globe Aviation (Indigo).
Other Big Investors: The shareholding has not been disclosed, we are unable to identify the other Big Investors. However, Foreign Venture Capital Investor hold 19,141,275 or 23.16% of the share capital.
News: Tale of two Listings! Dr Lal Pathlabs strong, Alkem advances – IIFL; Dr Lal Path-Labs shares zoom 50% on debut – Times of India; 2015: Best year for IPOs since 2010; Dr Lal surges 50%, Alkem gains 31% on street debut – Economic Times.
Background: McLeod Russel India is the world’s largest tea growing company. They manufacture approximately 100 million kilograms of high quality tea a year from our tea estates in Assam and West Bengal, India, Vietnam, Uganda and Rwanda and are responsible for employing over 90,000 people.
McLeod is also planning to double its bought leaf production to 50 million kg over the next four years to maintain a stable production.
Bulk Deal: Reliance Mutual Fund which held a total of 1,286,972 shares or 1.18% via 3 of its Mutual Fund schemes i.e. via Reliance Mid & Small Cap Fund at 1,082,774 shares or 0.99%; via Reliance Shares Dividend Opportunities ETF at 1398 shares; and via Reliance Capital Builder Fund – Series A at 202,800 shares or % 0.19%; today sold 550,000 or 0.50% via its Reliance Mid and Small Cap Fund at an average price of Rs. 172.67/- thereby valuing the deal at Rs. 950 lakhs.
With this sale, the stake held via Reliance Mid and Small Cap Fund falls down to 532,774 shares or 0.49% and the total holding of all funds together stands at 736,972 shares or 0.67%.
Other Big Investors:
Background: PG Electroplast has a wide range of business including Plastic Injection Moulding, Tool Manufacturing, Automotive Parts Manufacturing, Motor Manufacturing, Home and Kitchen Appliances, Consumer Electronic Products, Lighting, PCB Assembly Services, Food Storage Container with over four manufacturing units spread across India.
Bulk Deal: Alok Knit Exports which held 263,741 shares or 1.61% as of September, 2015 today sold 112,000 shares or 0.68% at an average price of Rs. 140.83/- thereby valuing the deal at Rs. 132 lakhs.
With this sale their stake is now reduced to 151,741 shares or 0.93%.
Other Big Investors: Anand Rathi Share & Stock Brokers held 233,097 shares or 1.42% as of September, 2015.
Background: Piramal Phytocare is engaged in developing and marketing standardized healthcare solutions derived from natural sources such as plants. Their varied range of products have been deployed to manage lifestyle ailments such as Diabetes, Arthritis, Constipation, Liver damage, Anxiety, Sexual dysfunction, Cough and cold in addition to others .
Bulk Deal: Jagartius Universal purchased 146,333 shares or 0.56% at an average price of Rs. 120.89/- thereby valuing the deal at Rs. 177 lakhs.
Other Big Investors:
Background: Sangam’s Textile Industries at Bhilwara, Rajasthan are one of the largest and most modernised industries in the country. The Group’s Spinning division is ranked amongst world’s largest PV Dyed yarn industry.
Totally integrated division is equipped to produce from yarn to fabrics. The diversified industries include Spinning, Weaving, Processing, Denim Manufacturing and Knitting. Being the core business of Sangam Group, The Textiles account for the major revenue sharing in the group’s earnings.
Bulk Deal: Mentor Capital which held 6,275,533 shares or 15.92% as of September, 2015 today sold 221,544 shares or 0.56% at an average price of Rs. 308.85/- thereby valuing the deal at Rs. 684 lakhs.
With this sale, their stake is now reduced to 6,053,989 shares or 15.36%.
Satpal Khattar an individual investor purchased 200,000 shares or 0.51% at an average price of Rs. 308.75/- thereby valuing the deal at Rs. 618 lakhs.
Other Big Investors:
Background: Simplex Projects offers a perfect blend of engineering skill and latest technologies for the infrastructure growth. Simplex Projects remains versatile in a range of activities ranging from ground engineering to electro-mechanical design, fabrication and installation.
Bulk Deal: Suvarna Commercial which held 138,500 shares or 1.1% today sold 94288 shares or 0.75% at an average price of Rs. 41.13/- thereby valuing the deal at Rs. 39 lakhs.
With this sale, their stake is now reduced to 44,212 shares or 0.35%.
The stock is also held by Big Whale – Akash Bhansali & Family at 1,180,000 shares or 9.36% as of September, 2015.
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 (23rd Dec 2015):