Delivery Volume Shockers – TPL Plastech & Ramco Cements! A few stocks that shocked us with their Delivery Volumes today. Leading the way are TPL Plastech and Ramco Cements. The list also throws up some familiar faces – DCM and Hathway Cables among others. 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.… (Read On…)
[via Capital Mind]
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