By Anichya Shah, CNBC-TV18

In the recent uptrend, a lot of midcap stocks have been rallying on pretty high traded volumes. The delivery percentage, as a percentage of the total traded volume, has shown that a lot of these stocks have seen 85-90% delivery volumes and that there has been a fair bit of delivery based buying in these stocks.

On such example is Jain Irrigation which is up about 12% in the last three trading sessions. It has seen pretty strong delivery percentages of about 84% consistently. Sintex Industries meanwhile is up about 13% and has seen its delivery volumes pick up from about 68,000 shares to about 4.5 lakh shares in the last five the trading sessions. Its 10 day delivery average is about 84%.

Another stock, Northgate Technologies, is up about 40% in the last five trading sessions. It has seen its delivery volumes pick up from about 7000 shares to about 1.1 lakh shares over 10 trading sessions. Its 10 day delivery has been about 84% but the last five days has seen its delivery percentage increase to about 89%. Meanwhile, Panacea Biotech has been up by about 10% in the last five trading sessions. It has seen its 5 day delivery average at about 90% which is greater than its 10 day delivery average of about 83%. So there’s been a fair bit of delivery taken on this stock as well.

The Visa Steel stock is up about 33% in three days and has seen its delivery volumes inch up from about 72% to about 98% in five trading sessions. Elecon Engineering, meanwhile, is up about 14% in the last five days. Its delivery percentage has gone up by about 72% to 95% on Tuesday.