- Wealth PMS
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. (Capsule for 28-Dec, Capsule for 23-Dec, Capsule for 22-Dec, Capsule for 21-Dec, Capsule for 18-Dec, Capsule for 17-Dec, Capsule for 16-Dec, Capsule for 15-Dec)
Mentor Capital which held 5,547,411 shares or 14.81% as of 23-Dec-15, sold 550,000 shares or 1.47% at an avg. price of Rs. 309/- thereby valuing the deal at Rs. 17,00 lakhs.
With this sale its stake is now reduced to 4,997,411 shares or 13.34%.
Satpal Khattar purchased the stake sale by Mentor Capital i.e. 550,000 shares or 1.40% at the same transaction price.
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 intra-day trading (buy and sell on the same day). Intra-day 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 (29th Dec 2015):