This is a part of the Capsule series; data that is revealed in the markets, collated and curated to make trade-able sense.

Delivery Volume Shockers!

Wow. We have some big names in today’s list of Delivery Shockers – brought to you by Capital Mind. The list includes the likes of Page Industries and Mangalore Refinery too!

Page Industries has been popping up quite often in this space. On the 10th of March as well, their shares saw their Delivery-to-Traded quantity ratio jump more than 30% above their moving 5-day average. Today, the deviation was more than 38%!

Today’s jump is probably because of the Smallcap World Fund – a US-based fund that invests globally in small-cap growth stocks – purchasing 1.46% of the company. The purchase price was Rs. 11,600 which means that the Fund shelled out more than Rs. 188 cr. for this investment.

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 (18th Mar, 2016):

Volume Shockers, Mangalore Refinery, Page Industries, Aditya Birla Nuvo, TV18 Broadcast

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Very Big

Now, tell them about it: