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VERIFIEDET Stocks·negative
Bharat Electronics shares fall over 3% after Q1 results. Here's what Nomura, Motilal Oswal and other brokerages say
AI Summary
- ·Bharat Electronics shares declined by 3.5% following the announcement of mixed Q1FY27 results.
- ·The company reported a 9% year-on-year increase in profit, but a sharp sequential decline.
- ·Brokerages like Motilal Oswal, Elara Capital, and Dolat Capital maintained positive ratings, while Nomura held a Neutral stance.