Bharat Electronics Ltd Sees Surge in Active Call Options at Rs 400 Strike with 19,152 Contracts Traded

Bharat Electronics Ltd (BEL), a prominent player in the Aerospace & Defense sector, has emerged as one of the most active stocks today, reflecting significant market engagement. The stock, currently valued at Rs 397.0, has seen a notable increase, reaching an intraday high of Rs 398, marking a rise of 3.34%.
In the options market, the call options with a strike price of Rs 400 have garnered considerable attention, with 19,152 contracts traded, resulting in a turnover of Rs 3,274.99 lakhs. The open interest stands at 3,192 contracts, indicating a robust interest in this option type as the expiry date approaches on September 30, 2025.

Bharat Electronics is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. The stock's performance today aligns closely with the sector's overall gain of 3.17%, while the broader market, represented by the Sensex, has only seen a modest increase of 0.44%. Additionally, the delivery volume has surged to 1.04 crore shares, reflecting a 53.63% rise compared to the 5-day average, further emphasizing the stock's liquidity and investor participation.

In summary, Bharat Electronics Ltd is experiencing heightened activity and positive performance metrics, underscoring its significant position within the Aerospace & Defense industry.