Delivery percentage
The share of traded volume that was actually delivered, not squared off intraday.
What is Delivery percentage?
When you buy shares and hold them past the day, the trade ends in delivery: shares move into your demat account. Intraday trades are squared off the same day and never deliver. NSE publishes, for every stock, how much of the day's traded quantity was deliverable. A high delivery percentage means more of the volume came from investors taking positions rather than day traders churning.
Formula
How to read it
- Delivery % varies hugely by stock. 30% can be high for a trader-heavy midcap and low for a sleepy large cap, which is why we compare each stock with itself.
- Rising price + unusually high delivery is the pattern we label accumulation; falling price + high delivery, distribution.
- Big price moves on very low delivery are often speculative and more likely to reverse.
Common mistakes
- Applying a flat 'above 50% is bullish' rule across all stocks.
- Assuming high delivery means buying. Every delivered share was also sold by someone.