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BHARATFORG Bharat Forge Ltd. — Smart-Money Activity, F&O Buildup & Bulk Deals

Sector: Automobile and Auto Components
₹ 1,790.60
-2.78%
1-year price · range ₹1,191–₹2,265

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

Derivatives signal Short Buildup
Short sellers are loading fresh positions (OI up +2.7%) on price weakness (-2.1%).

Bharat Forge Ltd. — Analysis as of 2026-09-23

Where the stock stands

Bharat Forge Ltd., listed in the Automobile and Auto Components sector, last traded at ₹2004 on 2026-09-23, down 0.25% from a previous close of ₹2009, on a session when the Nifty rose 0.14%. The stock therefore lagged the index on the day, though the gap is small.

On valuation, the pack puts the price-to-earnings ratio at 135.68 on earnings per share of 14.77, the price-to-book ratio at 10.0 and the dividend yield at 0.42%. These are snapshot figures, and the pack gives no sector or historical comparison to judge them against, so this page does not.

What the smart-money flow shows

This pack carries no F&O positioning data, no named bulk or block deals, no institutional buying or selling streaks and no insider filings. Those parts of the record are simply absent here, and nothing should be read into the gap either way.

The only large-money facts available are exchange filings about fund raising. Bharat Forge informed the NSE about the closure of its QIP (qualified institutional placement, a share sale to large institutional buyers). The same filing headline appears on both 2026-09-22 and 2026-09-23, which most likely reflects one filing listed twice rather than two separate events. A headline from NDTV Profit reports that the QIP closed at Rs 1,890 per share, with allotment of 1.1 crore shares to qualified institutional buyers approved. Earlier reports on the launch disagree on the floor price: IndiaIPO gave it as ₹1,947.70 per share, while CNBC TV18 reported ₹1,851, and put the issue size at ₹2,000 crore. The pack does not resolve which floor figure is correct.

The technical picture

The technical readings are computed off the 2026-09-22 close of ₹2009, one session behind the latest price above. On that close the stock sat 12.46% below its 52-week high of ₹2295 and 70.4% above its 52-week low of ₹1179. It was trading above its 200-day moving average but below its 50-day average, and neither a golden cross nor a death cross (crossovers of the 50-day and 200-day averages) was flagged.

The 14-day RSI, a momentum gauge running from 0 to 100, stood at 51.3, close to the middle of its range. Relative volume was 1.11, meaning turnover was only modestly above its usual level. Returns are mixed across horizons: up 7.02% over one week, down 1.56% over one month, down 6.35% over three months, and up 58.36% over one year. A Business Standard headline from a day earlier described the stock as rising for a fifth straight session, which fits the positive one-week return.

Catalysts and what to watch

Besides the QIP, the exchange record shows filings about an amalgamation or merger on 2026-09-10, 2026-09-11 and 2026-09-12. The headlines carry no detail on the parties or terms, and the repeat on consecutive days again suggests one matter listed more than once. On 2026-09-05 the company also filed a press release dated September 03, 2026, titled "Thales and Kalyani Strategic Systems Limited sign Strategic Alliance Agreement for 70-mm Rocket Systems". The pack does not say what that agreement involves beyond its title.

Items worth following in future filings are the final details of the QIP allotment and the particulars of the merger filings. The data establishes that a QIP has closed, that merger-related filings were made, and where the stock sits against its averages and 52-week range. It does not establish why the price has moved, and it holds no evidence on institutional or insider positioning.

Written from the exchange and price data shown on this page — F&O positioning, deals, insider filings, catalysts, technicals and valuation. Updated 2026-09-23. Data-driven analysis, not investment advice.

F&O Positioning EOD derivatives setup

Buildup Class
Short Buildup
bias: bearish
Futures OI
8,366,000
+217500 (+2.7%)
Option PCR (OI)
1.05
heavy put writing
Max Pain Strike
₹ 1,900
writer loss minimized strike

Quote Details key metrics & weights

Previous Close
₹ 1,841.80
yesterday's EOD close
Index Contribution
—
not a Nifty 50 constituent
Traded Volume
484,831
live shares traded today
Upcoming Earnings
—
no report scheduled

Technical Snapshot as of 2026-10-07 close · from 400 sessions of price history

RSI (14)
35.3
neutral momentum
52-Week High
₹ 2,295.00
-19.8% from high
52-Week Low
₹ 1,179.40
+56.2% above low
200-DMA
₹ 1,870.60
-1.5% · below trend
50-DMA
₹ 2,021.28
-8.9% from 50-DMA
1-Year Return
+49.2%
1M -8.1%

Key Fundamentals headline ratios · Industrials

P/E (TTM)
123.0
price / earnings
P/B
9.1
price / book
ROE
—
return on equity
Market Cap
₹ 88,811 Cr
total market value
Dividend Yield
0.47%
trailing yield
EPS (TTM)
₹ 14.77
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 2026-10-27 · spot 1,842 · EOD 2026-10-07

Option writers expect range between 1,900 and 2,000 — +8.6% upside, +3.2% downside.
unbalanced
Call OI (writers) Strike Put OI (writers)
0
IV 262% Δ 0.66 θ -10.7 ν 2
1720
40,500 +25k
IV 32% Δ -0.16 θ -0.8 ν 1
0
IV 181% Δ 0.64 θ -7.7 ν 2
1740
44,000 +2k
IV 32% Δ -0.20 θ -0.9 ν 1
0
IV 250% Δ 0.64 θ -10.4 ν 2
1760
56,000 +5k
IV 32% Δ -0.24 θ -1.0 ν 1
0
IV 172% Δ 0.61 θ -7.4 ν 2
1780
207,500 +164k
IV 31% Δ -0.29 θ -1.1 ν 1
32,500 +4k
IV 24% Δ 0.69 θ -1.1 ν 1
1800
352,000 +8k
IV 31% Δ -0.34 θ -1.1 ν 2
46,500 +2k
IV 24% Δ 0.62 θ -1.2 ν 2
1820
154,500 -12k
IV 32% Δ -0.40 θ -1.2 ν 2
120,500 +28k
IV 25% Δ 0.54 θ -1.3 ν 2
1840
318,500 +184k
IV 31% Δ -0.46 θ -1.2 ν 2
153,000 +63k
IV 25% Δ 0.47 θ -1.3 ν 2
1860
205,000 +30k
IV 31% Δ -0.52 θ -1.2 ν 2
261,000 -5k
IV 26% Δ 0.40 θ -1.2 ν 2
1880
60,000 -3k
IV 31% Δ -0.58 θ -1.1 ν 2
363,000 +4k
IV 26% Δ 0.33 θ -1.1 ν 2
1900 S MP
384,000 +153k
IV 32% Δ -0.63 θ -1.1 ν 2
87,000 +6k
IV 26% Δ 0.27 θ -1.0 ν 1
1920
49,000 -1k
IV 34% Δ -0.68 θ -1.1 ν 2
257,500 +3k
IV 26% Δ 0.22 θ -0.9 ν 1
1940
55,000 -1k
IV 32% Δ -0.73 θ -0.9 ν 1
183,500 -36k
IV 27% Δ 0.17 θ -0.8 ν 1
1960
97,000

Chain Interpretation

Spot Underlying 1,841.79
Key Resistance (R) 2,000
Key Support (S) 1,900
Max Pain Strike (MP) 1,900
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 BHARATFORG options · 2026-10-27 expiry

Underlying: BHARATFORG · Spot: ₹ 1,841.79 · Expiry: 2026-10-27 · Lot: 500

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

Latest News recent coverage from Reuters, Simply Wall St, MT Newswires and others

No recent news articles found for this stock.

BHARATFORG — frequently asked questions

What is the Bharat Forge Ltd. share price today?

BHARATFORG is trading at ₹1,790.60 (-2.78% vs previous close), per the latest update on this page.

What is the P/E ratio of Bharat Forge Ltd.?

BHARATFORG (Bharat Forge Ltd.) has a trailing twelve-month P/E ratio of 123.0.

What is the market cap of Bharat Forge Ltd.?

BHARATFORG has a market capitalisation of approximately ₹88,811 crore.

Is BHARATFORG near its 52-week high?

BHARATFORG is trading -19.8% from its 52-week high of ₹2,295.00 as of 2026-10-07.

What is the RSI of BHARATFORG?

The 14-day RSI of BHARATFORG is 35.3, which is considered neutral.

Is BHARATFORG above its 200-day moving average?

BHARATFORG is trading below its 200-DMA of ₹1,870.60 (-1.5% away).

What is the F&O buildup in BHARATFORG?

The latest end-of-day derivatives data classifies BHARATFORG as Short Buildup (bias: bearish), based on the day's combined price and open-interest change.

What is the max pain and PCR for BHARATFORG options?

BHARATFORG's option-chain max pain strike is ₹1,900 and its put-call ratio (OI) is 1.05, from the latest end-of-day option chain.

Are FIIs or big investors buying BHARATFORG?

Strota tracks every bulk and block deal in BHARATFORG with named buyers and sellers, plus promoter and insider filings — the tables on this page list the most recent institutional activity as disclosed to the exchanges.