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

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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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