Elara Capital said that margins surprised positively, likely led by execution mix, even though growth on the sales front was subdued, likely due to slower execution.
Cochin Shipyard's consolidated net profit declined 49.9 per cent year-on-year (YoY) to ₹53.77 crore in Q2 FY27 from ₹107.53 crore in the year-ago period.
Data Patterns posted a profit after tax (PAT) of 21.97 crore in Q2 FY27 as against 49.19 crore in Q2 FY26, a reduction of 55.3 per cent year-on-year (YoY).
We find the large-cap segment to be the most fairly priced compared to mid and small caps at the broad level, says Ashwini Shami of OmniScience Capital.
Analysts said that defence sector's long-term outlook remains constructive, supported by robust order books that provide multi-year revenue visibility.
On the broader market outlook, Ajit Mishra, SVP-Research of Religare Broking says the Nifty remains in consolidation mode, with key support at 23,600. On the upside, bullish pivot stands at 24,600.
Defence stocks to buy: Muthuselvaraj of Mirae Asset Sharekhan explains that Paras Defence is showing an uptrend, trading with higher top, higher bottom pattern after breaking from consolidation zone.
The index witnessed a mixed trend, with 12 constituents posting gains. The combined market capitalisation of the companies stood at over ₹11.5 trillion for the second straight month
Jefferies' top picks include Siemens Energy (SE), Hitachi Energy (Hitachi), Hindustan Aeronautics (HAL), Bharat Electronics (BEL), KEI Industries, and Larsen & Toubro (L&T)
The geopolitical backdrop, analysts believe, continues to provide a structural tailwind, as the conflict in the Middle East has reinforced defence budget urgency across GCCs
Bharat Dynamics shares crashed on the BSE after Q4FY26 results showed a sharp revenue decline, prompting brokerages to cut FY27 and FY28 earnings estimates
