# BEL shares fall 4% after Q1 results, brokerages retain bullish view 2026-08-07T23:56:57+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Bharat Electronics (BEL) shares fell 4.46 per cent to Rs 389 on Tuesday after the company reported a 25.2 per cent rise in revenue to Rs 5,533.06 crore in Q1FY27. Net profit rose 8 per cent to Rs 1,048.33 crore. Most brokerages retained a bullish view despite weak order inflows in the quarter. CLSA maintained 'outperform' with a target of Rs 522, while Jefferies and Goldman Sachs lowered targets but kept buy ratings. JP Morgan called BEL its top defence pick, and Nomura was neutral. ## Coverage - thehindubusinessline.com Tags: Bharat Electronics, brokerage ratings, defence sector, Q1 results, stock market Canonical: https://indianopinion.org/bel-shares-fall-4-after-q1-results-brokerages-retain-bullish-view/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/bel-shares-fall-4-after-q1-results-brokerages-retain-bullish-view/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.