Warships, aircraft or missiles? GRSE vs HAL vs BDL: Which defence PSU wins the post-Q2 results race? Technical outlook
GRSE vs HAL vs BDL, Nov. 13 -- As the corporate earnings season nears its conclusion, recent earnings have put spotlight on three major defence Public Sector Undertakings (PSUs). Garden Reach Shipbuilders & Engineers (GRSE) reported a 12% year-on-year (YoY) increase in consolidated net profit for the second quarter of the financial year 2026-27.
Hindustan Aeronautics Limited (HAL) posted a 16% annual surge in net profit, while Bharat Dynamics Limited (BDL) reported a 15% decline in net profit.
With all three stocks ending lower on Friday, November 13, 2026, here's a comparison of their Q2 results and technical outlook for GRSE, BDL and HAL.
The warship-building PSU, GRSE, reported a 12% annual increase in its net profit to Rs.172 crore...
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