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Capsule – 05/01: Ashish Kacholia aka Big Whale tops up Royal Orchids Hotel, UTI Mutual Fund buys Grindwell Norton!

Here is the “Capsule” of the data that is revealed in the markets. This has been collated and curated to make trade-able 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. (Capsule for 4-Jan-16)

Bulk_Block_Deals_05_January_2016

Grindwell Norton – leading manufacturer of Abrasives (Bonded, Coated, Non-Woven, Superabrasives and Thin Wheels) and Silicon Carbide. It also manufactures and markets High Performance Refractories and Performance Plastics products.

Meheru Soarab Mehta sold 300,000 shares or 0.54% at an avg. price of Rs. 745/- per share thereby valuing the deal at Rs. 2235 lakhs.

Along with this stake purchase, UTI Mutual Fund purchased an additional 32,519 shares or 0.06% at an avg. price of Rs. 745/- per share.

Royal Orchids Hotel – Capital Mind Outlier Stock

Ace Investor Ashish Ramchandra Kacholia aka Big Whale had purchased 278,178 shares or 1.02% on 4-Jan-16.

Today on the 5-Jan-16, an additional purchase of 375,727 shares or 1.38% was made at an avg. price of Rs. 98.74/- thereby valuing the deal at Rs. 371 lakhs.

With this transaction the holding now stands at 653,905 shares or 2.40%.

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 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 (5th Jan, 2016):

Delivery_05Jan

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