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BHEL Bharat Heavy Electricals Ltd. — Smart-Money Activity, F&O Buildup & Bulk Deals

Sector: Capital Goods
₹ 377.75
+1.92%

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

Derivatives signal Long Buildup
Derivative traders are adding fresh longs (OI up +1.7%) on price strength (+2.2%).

Analysis what the data is telling us about BHEL

In the last completed session, Bharat Heavy Electricals Ltd. closed +2.24% with futures open interest moving +1.7%. That combination — price rising while OI builds — is classified as a Long Buildup, meaning derivative traders are adding fresh bullish positions into strength rather than merely covering existing shorts. The stock's option PCR sits at 0.61, indicating heavy call-side writing — option dealers see resistance overhead. Max-pain strike at ₹395 sits 4.6% 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 Heavy Electricals Ltd. over the last 30 sessions.

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

F&O Positioning EOD derivatives setup

Buildup Class
Long Buildup
bias: bullish
Futures OI
114,510,375
+1874250 (+1.7%)
Option PCR (OI)
0.61
heavy call writing
Max Pain Strike
₹ 395
writer loss minimized strike

Quote Details key metrics & weights

Previous Close
₹ 370.65
yesterday's EOD close
Index Contribution
not a Nifty 50 constituent
Traded Volume
9,097,385
live shares traded today
Upcoming Earnings
no report scheduled

Technical Snapshot from 400 sessions of price history

RSI (14)
45.7
neutral momentum
52-Week High
₹ 424.90
-10.9% from high
52-Week Low
₹ 205.12
+84.7% above low
200-DMA
₹ 284.19
+33.3% · above trend
50-DMA
₹ 363.71
+4.1% from 50-DMA
1-Year Return
+46.7%
1M -8.3%

Key Fundamentals headline ratios · Industrials

P/E (TTM)
82.7
price / earnings
P/B
5.0
price / book
ROE
6.3%
return on equity
Market Cap
₹ 131,883 Cr
total market value
Dividend Yield
0.13%
trailing yield
EPS (TTM)
₹ 4.58
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 379 · EOD 2026-06-12

Option writers expect range between 370 and 400+5.6% upside, -2.3% downside.
upside-skewed
Call OI (writers) Strike Put OI (writers)
0
IV 49% Δ 0.69 θ -0.5 ν 0
362
120,750 +21k
IV 34% Δ -0.25 θ -0.2 ν 0
0
365
490,875 +39k
IV 34% Δ -0.28 θ -0.2 ν 0
0
IV 52% Δ 0.64 θ -0.5 ν 0
368
162,750 +13k
IV 33% Δ -0.31 θ -0.3 ν 0
572,250 +5k
IV 37% Δ 0.65 θ -0.4 ν 0
370 S
2,827,125 -342k
IV 34% Δ -0.34 θ -0.3 ν 0
112,875 -3k
IV 37% Δ 0.61 θ -0.4 ν 0
372
241,500 +28k
IV 33% Δ -0.38 θ -0.3 ν 0
876,750 -98k
IV 38% Δ 0.58 θ -0.4 ν 0
375
1,223,250 +168k
IV 33% Δ -0.41 θ -0.3 ν 0
278,250 +162k
IV 37% Δ 0.55 θ -0.4 ν 0
378
252,000 +57k
IV 33% Δ -0.45 θ -0.3 ν 0
1,756,125 +133k
IV 37% Δ 0.51 θ -0.4 ν 0
380
1,913,625 +5k
IV 33% Δ -0.49 θ -0.3 ν 0
304,500 -8k
IV 36% Δ 0.48 θ -0.4 ν 0
382
225,750 +34k
IV 32% Δ -0.53 θ -0.3 ν 0
672,000 -166k
IV 36% Δ 0.45 θ -0.4 ν 0
385
493,500 +2k
IV 32% Δ -0.56 θ -0.3 ν 0
391,125 -21k
IV 37% Δ 0.42 θ -0.4 ν 0
388
160,125 +2k
IV 30% Δ -0.61 θ -0.2 ν 0
2,265,375 -58k
IV 37% Δ 0.39 θ -0.4 ν 0
390
2,008,125 -42k
IV 31% Δ -0.64 θ -0.2 ν 0
341,250 -16k
IV 36% Δ 0.35 θ -0.3 ν 0
392
448,875 -6k
IV 30% Δ -0.68 θ -0.2 ν 0

Chain Interpretation

Spot Underlying 378.75
Key Resistance (R) 400
Key Support (S) 370
Max Pain Strike (MP) 395
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 BHEL options · 2026-06-30 expiry

Underlying: BHEL · Spot: ₹ 378.75 · Expiry: 2026-06-30 · Lot: 2625

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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