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

Sector: Automobile and Auto Components
₹ 1,893.10
-1.90%

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

Derivatives signal Long Unwinding
Longs are exiting (OI down -2.2%) as price declines (-2.2%), indicating lack of holding support.

Analysis what the data is telling us about BHARATFORG

In the last completed session, Bharat Forge Ltd. closed -2.24% with futures open interest moving -2.2%. That combination — price falling while OI shrinks — is classified as Long Unwinding. Existing longs are exiting rather than new shorts being added; the move down lacks the conviction of fresh selling. The option PCR of 0.76 is balanced — no clear directional preference from option writers. Max-pain strike at ₹1,920 sits 1.4% 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 Forge Ltd. over the last 30 sessions.

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

F&O Positioning EOD derivatives setup

Buildup Class
Long Unwinding
bias: bearish
Futures OI
6,589,500
-146500 (-2.2%)
Option PCR (OI)
0.76
neutral option setup
Max Pain Strike
₹ 1,920
writer loss minimized strike

Quote Details key metrics & weights

Previous Close
₹ 1,929.80
yesterday's EOD close
Index Contribution
not a Nifty 50 constituent
Traded Volume
402,580
live shares traded today
Upcoming Earnings
no report scheduled

Technical Snapshot from 400 sessions of price history

RSI (14)
47.5
neutral momentum
52-Week High
₹ 2,044.00
-7.4% from high
52-Week Low
₹ 1,100.50
+72.0% above low
200-DMA
₹ 1,534.86
+23.3% · above trend
50-DMA
₹ 1,864.71
+1.5% from 50-DMA
1-Year Return
+50.6%
1M -4.9%

Key Fundamentals headline ratios · Consumer Cyclical

P/E (TTM)
83.8
price / earnings
P/B
9.5
price / book
ROE
11.6%
return on equity
Market Cap
₹ 90,507 Cr
total market value
Dividend Yield
0.44%
trailing yield
EPS (TTM)
₹ 22.58
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 1,893 · EOD 2026-06-08

Option writers expect range between 1,900 and 2,000+5.6% upside, +0.4% downside.
unbalanced
Call OI (writers) Strike Put OI (writers)
1,000
IV 34% Δ 0.80 θ -1.3 ν 1
1780
18,000
IV 33% Δ -0.20 θ -0.9 ν 1
24,500 -14k
IV 31% Δ 0.78 θ -1.2 ν 1
1800
183,500 +12k
IV 33% Δ -0.24 θ -1.0 ν 1
1,000
IV 58% Δ 0.65 θ -2.5 ν 2
1820
53,500 +1k
IV 32% Δ -0.28 θ -1.1 ν 2
6,000
IV 62% Δ 0.61 θ -2.7 ν 2
1840
78,500 -9k
IV 32% Δ -0.33 θ -1.1 ν 2
24,000
IV 29% Δ 0.63 θ -1.4 ν 2
1860
82,000 -2k
IV 32% Δ -0.38 θ -1.2 ν 2
10,000 +0k
IV 31% Δ 0.57 θ -1.4 ν 2
1880
103,000 +6k
IV 32% Δ -0.43 θ -1.2 ν 2
245,000 -1k
IV 31% Δ 0.52 θ -1.4 ν 2
1900 S
236,000 -8k
IV 32% Δ -0.48 θ -1.2 ν 2
73,500 +4k
IV 31% Δ 0.46 θ -1.4 ν 2
1920 MP
71,500 -8k
IV 31% Δ -0.54 θ -1.1 ν 2
183,500 -3k
IV 31% Δ 0.41 θ -1.4 ν 2
1940
101,500 -14k
IV 32% Δ -0.59 θ -1.1 ν 2
134,500 -2k
IV 30% Δ 0.35 θ -1.3 ν 2
1960
38,500 -1k
IV 31% Δ -0.64 θ -1.0 ν 2
84,000 -4k
IV 30% Δ 0.30 θ -1.2 ν 2
1980
27,500 -1k
IV 31% Δ -0.69 θ -0.9 ν 2
385,000 -17k
IV 31% Δ 0.26 θ -1.1 ν 2
2000 R
145,000 -12k
IV 33% Δ -0.72 θ -0.9 ν 2
62,500 +0k
IV 30% Δ 0.22 θ -1.0 ν 1
2020
6,000

Chain Interpretation

Spot Underlying 1,893.20
Key Resistance (R) 2,000
Key Support (S) 1,900
Max Pain Strike (MP) 1,920
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 · 2026-06-30 expiry

Underlying: BHARATFORG · Spot: ₹ 1,893.20 · Expiry: 2026-06-30 · 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

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