- Wealth PMS (50L+)
A few stocks that shocked us with their Delivery Volumes today. Leading the way are Amara Raja Batteries and JSW Energy.
The list also throws up some familiar faces – JSW Steel, Godrej Industries and Cadila Healthcare among others.
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 (31st Mar, 2016):