Bharat Electronics shares fall over 3% after Q1 results. Here's what Nomura, Motilal Oswal and other broke
- Posted on July 28, 2026
- By Business News Today
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Bharat Electronics shares fall over 3% after Q1 results. Here's what Nomura, Motilal Oswal and other broke
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.
