New Delhi, Oct. 15 -- Shares of Bharat Heavy Electricals Ltd (BHEL) fell nearly 5% on Thursday, 15 October, despite the state-owned engineering major reporting a sharp rise in its September-quarter earnings. The stock had gained almost 4% in the previous session following the announcement of its Q2 results.

BHEL reported a more than two-fold increase in consolidated net profit to Rs.820.94 crore for the July-September quarter of FY27, compared with Rs.374.89 crore in the corresponding quarter last year. The improvement was supported by higher revenue from its power and industry businesses.

The company's total income rose 24% year-on-year to Rs.9,553.01 crore in Q2, from Rs.7,686.11 crore in the same period of the previous financial year...