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The Economic Times

Veer Sharma

BEL shares drop over 2% after Q4 results: What are Goldman Sachs and Nomura saying?

BEL Nomura Goldman Sachs Bharat Electronics

Shares of Bharat Electronics (BEL) fell as much as 2.3% to the day’s low of Rs 413 on the BSE on Wednesday, even as it reported a 5% year-on-year (YoY) increase in consolidated net profit for the March quarter, aided by continued execution of defence projects and growth in operational revenue.

The company posted a profit after tax of Rs 2,226 crore for Q4FY26, compared with Rs 2,127 crore in the corresponding quarter last year.

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One subscription that gives you access to news from hundreds of sites

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