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 6-Jan-16, Capsule for 5-Jan-16, Capsule for 4-Jan-16)
Ess Dee Aluminium
Leading suppliers of primary packing materials in India. The company is engaged in manufacturing of aluminium foil based high-end packaging solutions for pharmaceuticals, FMCG and confectionery industry. The company has pioneered manufacturing of dedicated high end Pharma packaging products like cold form blister and child-resistant-blister packaging in India.
Deutsche Securities sold 240,000 shares or 0.75% thereby valuing the deal at Rs. 411 lakhs. During the first week of December, Standard Chartered Bank also sold over 0.50%.
The stock has been in the news since CARE revised the ratings assigned to the company’s bank facilities from CARE BBB- to CARE D due to the delays in debt servicing.
Good Luck Steel Tubes
Engaged in manufacturing and exporting of a wide range of galvanized sheets & coils, towers, hollow sections, CR coils CRCA and pipes & tubes. We also specialize in providing Telecommunication Structures, ERW Steel Tubes, ERW Steel Pipes, and Galvanized Black Steel Tubes.
Sahi Trading sold 130,780 shares or 0.59% thereby valuing the deal at Rs. 138 lakhs.
Navin Fluorine International
Manufacturers of speciality fluoro chemicals. Belongs to the Arvind Mafatlal Group – one of India’s oldest industrial houses. NFIL has four main strategic business units: Refrigeration Gases, Inorganic Fluorides, Speciality Fluorides and Contract Research & Manufacturing Services (CRAMS).
Atyant Capital India Fund which held 298,088 shares or 3.05% as of September, 2015 sold 120,000 shares or 1.23% to Vanderbilt University thereby valuing the deal at Rs. 2270 lakhs.
With this sale its stake is now reduced to 178,088 shares or 1.82%.
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 (8th Jan, 2016):
