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Stocks

Delivery Shockers – 21/03: Thermax, Mangalam Drugs and Kokuyo Camlin Show up in Today’s Shockers

Delivery Volume Shockers!

Well, not a lot of Delivery Shocker stocks of note today. The biggest of the lot was Thermax, with a 90% Delivery-to-Traded Volume ratio today.

What are Delivery 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 (21st Mar, 2016):

Delivery_21Mar

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