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Interesting Articles
Curious case of Vakrangee Ltd's share price
Posted On : 2018-02-26 21:09:10( TIMEZONE : IST )
The shares of Vakrangee Ltd has been on a down-ward spiral since the third week of January, 2018 due to various rumours. Even though, the rumours have died down, the damage done to the stock price hasn't reversed yet despite a short spike up for few days in the last fortnight. We used the price / delivery data of the company at NSE from January 24, 2018 to February 26, 2018 to present you some interesting numbers.
Some interesting facts:
* High Price - Rs. 515 on January 24, 2018.
* Low Price - Rs. 180.25 on February 26, 2018.
The stock has fallen 65% from the high it hit on January 24, 2018. In between, the stock went up after hitting an intermediate low of Rs. 182.50 on February 9, 2018 and resumed the downward trend again on February 19, 2018.
* Lowest Volume - 3,52,144 shares on February 15, 2018.
* Lowest Delivery Volume - 3,52,144 shares on February 15, 2018.
The lowest volume / delivery volume happened on February 15, 2018 when the stock was struck on the upper freeze due to sustained buying after the free fall.
* Highest Volume - 3,49,31,688 shares on February 19, 2018
* Highest Delivery Volume - 2,66,58,031 shares on February 19, 2018
The highest volume / delivery volume was hit on the day when the stock hit an intermediate top after the free-fall it had from January 2018.
* 100% Delivery Volume - 4 days (Feb 8, 2018 / Feb 12, 2018 / Feb 14, 2018 / Feb 15, 2018)
Interestingly out of the 4 days of 100% delivery volume, 3 days were when the stock was on buyer freeze and Feb 8, 2018 was on the lower freeze.
The total traded quantity of shares crossed 1 crore volume 5 times in the last 1 month. The deliverable quantity of shares crossed 1 crore volume 3 times in the last 1 month.
The average % of delivery quanity to traded quantity in the last 1 month was 76.57%.
The total traded quantity of shares in the period Jan 24, 2018 to Feb 26, 2018 was 17,68,63,452 through 8,90,584 trades. The total deliverable quantity during the period was 11,57,77,051 shares. The turnover that resulted due to the trades during the period was Rs. 5496,19,74,854.
Shares of Vakrangee Limited was last trading in BSE at Rs.180.5 as compared to the previous close of Rs. 190. The total number of shares traded during the day was 598465 in over 1285 trades.
The stock hit an intraday high of Rs. 189.5 and intraday low of 180.5. The net turnover during the day was Rs. 108308404.