New Delhi, May 14 -- PSU defence stock Hindustan Aeronautics fell over 1.36% on NSE in Thursday's trading session. The fall in the defence stock came ahead of its Q4 results 2026 announcement.

The PSU stock opened at Rs.4,649 apiece today, as compared to previous close of Rs.4,618.50 on Wednesday.

Brokerage firm ICICI Securities anticipates Hindustan Aeronautics Limited (HAL) to post modest top-line decline of 4% year-on-year (YoY) and rise of 2% quarter-to-quarter (QoQ).

It further said that HAL's EBITDA margin could contract YoY, with profit after tax (PAT) down by 10% YoY, pointing to cost absorption and product mix effects.

"Revenue and margins could be under pressure on a high base, but we expect strong QoQ growth in (+70%) with ...