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 11-Jan-16, Capsule for 8-Jan-16, Capsule for 6-Jan-16, Capsule for 5-Jan-16, Capsule for 4-Jan-16)
Skipper Limited – Capital Mind Outlier Stock
Largest Integrated Transmission Tower manufacturing companies with Angle Rolling, Tower, Accessories & Fastener manufacturing and EPC line construction. Skipper is also the largest producer of Plastic Pipes in West Bengal. The company offers a range of pipes and fittings, which are used in different areas such as Plumbing, Sewage, Agriculture and Borewell sectors.
The company recently won “The Best Industry in Water Resources Sector” from the Central Board of Irrigation and Power.
DSP Blackrock purchased a total of 2,599,345 shares or 2.54% at an avg. price of Rs. 160.75/- thereby valuing the deal at Rs. 4178 lakhs. This is the first investment for DSP Blackrock in Skipper Limited (based on the disclosure submitted for the December holdings).
The stock was sold by 2 little known Promoter firms i.e. Kotiratan Distributors and Regius Suppliers who together sold 1,500,000 shares or 1.46%.
Kotiratan Distributors held 1,250,000 shares or 1.22% as of September, 2015. With this sale its stake is now reduced to 650,000 shares or 0.63%. Holding of Regius Suppliers is not known and hence we do not know the stake dilution.
Manoj Saraogi HUF – (details unavailable) also sold 651,500 shares at an avg. price of Rs. 160.95/-.
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 (13th Jan, 2016):
