Bharat Electronics Ltd has emerged as one of the most active stock puts today amid market challenges.

Bharat Electronics Ltd (BEL), a prominent player in the defence sector, has seen significant activity in its put options today, particularly for contracts expiring on April 24, 2025. The stock, currently valued at Rs 280.6, has experienced a notable decline, with a one-day return of -4.01%, reflecting a broader trend in the defence industry, which has fallen by 3.81%.
Among the most active puts, the contract with a strike price of Rs 280 led the trading with 7,406 contracts exchanged, generating a turnover of approximately Rs 1,995.03 lakhs and an open interest of 1,580. Additionally, the Rs 275 strike price put saw 5,152 contracts traded, contributing Rs 1,113.13 lakhs to turnover, while the Rs 270 strike price put had 5,102 contracts traded, totaling Rs 829.47 lakhs.

The stock has been under pressure, losing 6.99% over the past two days, with today's intraday low reaching Rs 274.45. Despite this, the stock remains liquid, with a delivery volume of 1.82 crore on April 1, up 52.31% from the five-day average. The weighted average price indicates that more volume was traded closer to the low price, suggesting a cautious market sentiment.

In summary, Bharat Electronics Ltd is currently navigating a challenging market environment, as evidenced by the significant activity in its put options and the recent performance metrics.