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BEL Bharat Electronics Ltd. — Smart-Money Activity, F&O Buildup & Bulk Deals

Sector: Capital Goods
₹ 412.95
+1.16%

Smart Money Verdict synthesis of derivatives, deals, and promoter files

Derivatives signal Short Covering
Price rose (+0.7%) on short-covering (OI down -0.7%), suggesting a temporary relief bounce rather than new buyers.

Analysis what the data is telling us about BEL

In the last completed session, Bharat Electronics Ltd. closed +0.73% with futures open interest moving -0.7%. That combination — price rising while OI shrinks — is classified as Short Covering. It typically reflects existing short sellers closing positions, not fresh buying. Short-covering rallies can be sharp but tend to fade without follow-through demand. The stock's option PCR sits at 0.63, indicating heavy call-side writing — option dealers see resistance overhead. Max-pain strike at ₹420 sits 1.7% above the current price, a mild magnet near expiry.

There have been no notable bulk or block deals from FIIs, mutual funds, or insurance companies in Bharat Electronics Ltd. over the last 30 sessions.

Putting it together, the smart-money picture for Bharat Electronics Ltd. points to a supportive setup at the next open.

F&O Positioning EOD derivatives setup

Buildup Class
Short Covering
bias: bullish
Futures OI
116,593,500
-855000 (-0.7%)
Option PCR (OI)
0.63
heavy call writing
Max Pain Strike
₹ 420
writer loss minimized strike

Quote Details key metrics & weights

Previous Close
₹ 408.20
yesterday's EOD close
Index Contribution
not a Nifty 50 constituent
Traded Volume
12,017,495
live shares traded today
Upcoming Earnings
no report scheduled

Technical Snapshot from 400 sessions of price history

RSI (14)
43.2
neutral momentum
52-Week High
₹ 473.45
-12.8% from high
52-Week Low
₹ 361.20
+14.3% above low
200-DMA
₹ 416.78
-0.9% · below trend
50-DMA
₹ 428.35
-3.6% from 50-DMA
1-Year Return
+7.0%
1M -6.1%

Key Fundamentals headline ratios · Industrials

P/E (TTM)
49.8
price / earnings
P/B
12.6
price / book
ROE
27.6%
return on equity
Market Cap
₹ 301,857 Cr
total market value
Dividend Yield
1.07%
trailing yield
EPS (TTM)
₹ 8.29
earnings per share

Fundamental ratios sourced from public market data, refreshed periodically; verify against company filings before relying on them.

Institutional Deals last 30 sessions (bulk & block)

No institutional bulk or block deals recorded for this stock in the last 30 sessions.

Insider & Promoter Filings last 60 days

No insider disclosures filed for this stock in the last 60 days.

Option Chain Ladder nearest expiry 2026-06-30 · spot 413 · EOD 2026-06-08

Option writers expect range between 400 and 450+9.0% upside, -3.1% downside.
upside-skewed
Call OI (writers) Strike Put OI (writers)
19,950 +5k
IV 26% Δ 0.88 θ -0.2 ν 0
385
520,125 +5k
IV 27% Δ -0.13 θ -0.1 ν 0
256,500 +19k
IV 26% Δ 0.84 θ -0.2 ν 0
390
1,238,325 +58k
IV 27% Δ -0.17 θ -0.1 ν 0
173,850 +5k
IV 26% Δ 0.78 θ -0.2 ν 0
395
501,600 -53k
IV 27% Δ -0.22 θ -0.2 ν 0
1,439,250 -77k
IV 26% Δ 0.72 θ -0.2 ν 0
400 S
3,608,100 -73k
IV 26% Δ -0.28 θ -0.2 ν 0
882,075 -80k
IV 26% Δ 0.66 θ -0.3 ν 0
405
1,011,750 +116k
IV 26% Δ -0.35 θ -0.2 ν 0
3,079,425 -52k
IV 26% Δ 0.58 θ -0.3 ν 0
410
2,641,950 +27k
IV 26% Δ -0.42 θ -0.2 ν 0
2,358,375 +180k
IV 26% Δ 0.51 θ -0.3 ν 0
415
1,400,775 -49k
IV 26% Δ -0.49 θ -0.2 ν 0
5,415,000 -179k
IV 26% Δ 0.43 θ -0.3 ν 0
420 MP
3,566,775 -83k
IV 26% Δ -0.57 θ -0.2 ν 0
2,583,525 -89k
IV 26% Δ 0.36 θ -0.2 ν 0
425
1,400,775 -2k
IV 27% Δ -0.64 θ -0.2 ν 0
4,887,750 +5k
IV 27% Δ 0.30 θ -0.2 ν 0
430
2,359,800 -26k
IV 28% Δ -0.69 θ -0.2 ν 0
1,228,350 -162k
IV 27% Δ 0.24 θ -0.2 ν 0
435
565,725 -6k
IV 29% Δ -0.74 θ -0.2 ν 0
3,518,325 -49k
IV 28% Δ 0.20 θ -0.2 ν 0
440
1,147,125 +17k
IV 28% Δ -0.80 θ -0.1 ν 0
1,742,775 +81k
IV 28% Δ 0.16 θ -0.2 ν 0
445
142,500

Chain Interpretation

Spot Underlying 412.95
Key Resistance (R) 450
Key Support (S) 400
Max Pain Strike (MP) 420
Concentrations of Option open interest show strong barrier levels. Option writers defend these levels, especially heading into monthly derivatives expiry.

Strategy Builder multi-leg payoff for BEL options · 2026-06-30 expiry

Underlying: BEL · Spot: ₹ 412.95 · Expiry: 2026-06-30 · Lot: 1425

Legs

Side
Type
Strike
Qty
Premium
Net premium
Max profit
Max loss
Breakevens
Position Delta
Position Theta/day
Position Vega/1% IV

Payoff at expiry

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