Here is the “Capsule” of the data that is revealed in the markets. This has been collated and curated to make tradeable sense.
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 intraday trading (buy and sell on the same day). Intraday 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 (14th Dec 2015):
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.
Godawari Power And Ispat
Background: GPIL is a flagship Company of Raipur-based Hira Group of Industries having dominant presence in the long product segment of the Steel industry, mainly into mild steel wire. Today, GPIL is an end-to-end manufacturer of mild steel wires.
Stock Statistics:
Bulk Deal: Little known Visa Capital Partners purchased 349,185 shares or 1.07% at an average price of Rs. 64/- valuing the total deal at Rs. 223 lakhs.
Other Big Investors include ICICI Prudential Discovery Fund which holds 1,864,458 shares or 5.69%. As per November, 2015 Portfolio Disclosure, ICICI Prudential confirmed to holding 1,864,458 shares across 3 different equity funds i.e. ICICI Prudential Value Discovery Fund: 1,411,218 shares or 0.09%; ICICI Prudential Value Fund – Series 3: 185,956 shares or 0.42%; and ICICI Prudential Value Fund – Series 4: 267,284 shares or 0.01%.
News: None
Results:
Sanco Industries
Background: Lead manufacturer of Steel tubes ranging from Rigid PVC Conduit Pipes, PVC Casings and Capping, PVC/PP-R Plumbing Pipes, PVC Insulated Domestic Wires and Cables and Copper Wire Rod.
Stock Statistics:
Bulk Deal: An unknown firm Adhunik Plastochem had maintained a steady buy of Sanco Industries. The firm has purchased 336,000 shares at an average price of Rs. 46.31/- over 5 trading sessions thereby valuing the stake at Rs. 155 lakhs.
Another unknown firm KSJ Investment Company has mirrored the transactions made by Adhunik Plastochem. The firm has purchased 416,000 shares at an average price of Rs. 46.33/- over 6 trading sessions thereby valuing the stake at Rs. 193 lakhs.
A third unknown firm Minshi Creation has also mirrored these transactions. The firm has purchased 312,000 shares at an average price of Rs. 46.25/- over 5 trading sessions thereby valuing the stake at Rs. 145 lakhs.
Vasudev Goel sold 56,000 shares at an average price of Rs. 44.66/- valuing the stake sale at Rs. 25 lakhs.
Since the shareholding of Sanco has not been disclosed to the stock exchanges, it is uncertain if these transactions are promoter related or even if they have been disclosed to the stock exchanges as disclosures.
News: None
Results: Not disclosed to the Exchange
TIL – Tractors India Limited – Capital Mind Outlier Stock
Background: TIL manufactures Mobile Cranes, Reachstackers, Stacker Reclaimers, ELL Cranes and host of other High Tech products. Acknowledged as a market leader in mobile cranes, material handling equipment from TIL are reliable, productive and efficient. Exclusive dealer for Caterpillar products in North and East India, Bhutan and Nepal.
Stock Statistics:
Bulk Deal: Nomura Trust and Banking Company which held 114,897 shares or 1.14% of the company as of September, 2015 sold its entire stake at an average price of Rs. 454/- thereby valuing the deal at Rs. 521 lakhs.
The firm also holds stake in Eveready Industries: 873,303 shares or 1.24% as of September, 2015. It also held stake in Pennar Engineered Building Systems: 494,382 shares or 1.44% as of June, 2015.
News: None
Results: