Bharat Electronics Ltd Sees Surge in Call Options with 50,792 Contracts Traded

Bharat Electronics Ltd (BEL), a prominent player in the Aerospace & Defense sector, has emerged as one of the most active stocks today, particularly in the options market. The company’s call options, set to expire on June 26, 2025, at a strike price of Rs. 420, saw significant trading activity with 50,792 contracts exchanged, resulting in a turnover of Rs. 54.28 crore. The open interest for these options stands at 2,223 contracts, indicating ongoing interest among traders.
Today, Bharat Electronics reached a new 52-week high of Rs. 426.5, although it has experienced a slight decline of 0.83% in its stock price, contrasting with a sector performance decline of 0.65%. This follows two consecutive days of gains, suggesting a potential trend reversal. Notably, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a generally positive long-term trend.

Despite the recent price drop, the stock maintains a liquidity level sufficient for trades up to Rs. 38.12 crore, although delivery volume has decreased significantly, falling by nearly 50% compared to the 5-day average. Bharat Electronics continues to hold a strong market position with a market capitalization of Rs. 3,05,110.17 crore. Overall, the activity surrounding Bharat Electronics today highlights its dynamic presence in the market.