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 %”.… (Read On…)
[via Capital Mind]
Follow us @investmentheat – lists / @sectorheat