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MOFSL has maintained a 'Buy' rating on Bharat Electronics Ltd (BEL), Bharat Dynamics Ltd (BDL), and Hindustan Aeronautics Ltd (HAL), projecting significant Q3 earnings growth for these firms. BEL is expected to report a 13% YoY profit increase to Rs 1,487.30 crore, while BDL's profit may rise by 40.4% YoY to Rs 206.60 crore, and HAL's profit could grow by 29.1% YoY to Rs 1,859.30 crore. In contrast, Astra Microwave is projected to face a 35.7% YoY profit decline.