Bharat Electronics (BEL) shares fell 3.5% after the defence PSU reported mixed Q1FY27 results, with profit rising 9% year-on-year but declining sharply on a sequential basis. Despite the earnings miss, brokerages remained constructive. Motilal Oswal, Elara Capital and Dolat Capital reiterated positive ratings, while Nomura maintained a Neutral stance, citing BEL's strong order pipeline and long-term growth prospects.

Bharat Electronics reported a net profit of Rs 1,054.53 crore for the first quarter. This marks a nearly 9% year-on-year rise from the previous year's earnings. Revenue from…

Bharat Electronics (BEL) shares fell 3.5% after the defence PSU reported mixed Q1FY27 results, with profit rising 9% year-on-year but declining sharply on a sequential basis.…