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Blue Star Ltd (BLUESTARCO)

₹1464.65▲1.37%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Blue Star Ltd share Performance

  • ₹1418.1
    ₹1473
    ₹1464.65
    downward going graph

    3.18%

    Low

    Day's Volatility:3.75%

    High

    0.57%

    downward going graph
  • ₹692.5
    ₹1489.95
    ₹1464.65
    downward going graph

    52.72%

    Low

    52 Weeks Volatility:54.45%

    High

    1.73%

    downward going graph
1 Month Return14.17 %
3 Month Return36.25 %
1 Year Return95.14 %
Previous Close₹1,444.80
Open₹1,447.60
Volume2.28L
Upper Circuit-
Lower Circuit-
Market Cap₹29,707.22Cr

Analyst Rating

based on 18 analysts

BUY
63.16%
Buy
31.58%
Hold
5.26%
Sell

Based on 18 analysts offering long term price targets for Blue Star Ltd. An average target of ₹1231.11

Source: S&P Global Market Intelligence

Company Information

Blue Star Ltd is a leading Indian engineering and manufacturing company, founded in 1943. It is headed by Managing Director and CEO B Thiagarajan, who has been with the company since 2006. Blue Star Ltd offers a wide range of products and services, including air conditioning and refrigeration, engineering projects, textile machinery, water purification and treatment, cold chain solutions, and professional electronic equipment.

The company's top products include air conditioning systems, refrigeration equipment, water purifiers, cold chain solutions, and professional electronic equipment. Its popular brands include Blue Star, Carrier, Hitachi, Voltas, and Daikin. Blue Star Ltd has a strong presence in the Indian market, with a network of more than 500 dealers and distributors across the country. The company has also established a strong presence in the international market, with offices in the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, and other countries.

Share Price: ₹1464.65 per share as on 25 Apr, 2024 04:01 PM
Market Capitalisation: ₹29,707.22Cr as of today
Revenue: ₹2,241.19Cr as on December 2023 (Q4 23)
Net Profit: ₹100.46Cr as on December 2023 (Q4 23)
Listing date: 09 Jan, 1995
Chairperson Name: Shailesh Haribhakti
OrganisationBlue Star Ltd
Headquarters
IndustryConsumer Durables
E-voting on sharesClick here to vote

Key events for Blue Star Ltd

  • Blue Star's EPS Grows by 79% YoY - 25 Apr, 2024

    Blue Star has seen a significant growth in earnings per share (EPS) over the last year, with an increase from ₹13.05 to ₹23.33. The company also reported an encouraging revenue growth of 18% to ₹90b. Insiders hold a stake worth ₹39b, aligning their interests with shareholders.

  • Blue Star Ltd Stock Breaks Out of Consolidation - 23 Apr, 2024

    The stock price of Blue Star Ltd has broken out from a two-week consolidation period, with rising volumes. The primary trend for the stock is bullish, with higher tops and bottoms on the weekly chart.

  • Blue Star Expects 25% Increase in Q1FY25 Residential AC Sales - 22 Apr, 2024

    Blue Star Ltd anticipates a 25% increase in residential AC sales during the peak season of Q1FY25, with the Indian commercial refrigeration market set to double within four years. The company witnessed a remarkable 25% revenue surge and expressed optimism about the upcoming summer season for the industry.

  • Blue Star MD Predicts Doubling of Indian Commercial Refrigeration Market - 18 Apr, 2024

    Blue Star's MD predicts that the Indian commercial refrigeration market will double to ₹10,000 crore in 4 years. The company has made significant investments and is expected to invest further in air conditioning due to modular expansion in cities.

  • Blue Star Launches Cost-Effective Inverter Split AC - 17 Apr, 2024

    Blue Star has launched a 1-ton, 3-star inverter split AC with DigiQ and Penta sensors. The copper condensers increase the appliance's lifespan, making it cost-effective.

  • Blue Star Targets Revenue Jump with New Product Launches - 15 Apr, 2024

    Blue Star is targeting a 25% increase in revenue from its home air conditioner business this summer, launching dozens of new products and tripling its advertising budget. The industry expects the hotter season and new launches to lift the number of Indian households with air conditioners.

  • Blue Star Aims to Increase Market Share in Residential AC Segment - 10 Apr, 2024

    Blue Star plans to increase its market share in the residential air conditioners segment to 15% by FY25. The company launched over 100 new affordable and premium room air conditioners, aiming to cross the 1.1 million units mark in FY24. Blue Star is strengthening its distribution network, especially in the north, and expanding its reach across e-commerce and modern trade channels.

  • Blue Star Expects Strong Growth in Residential AC Sales - 09 Apr, 2024

    Blue Star expects up to 25% growth in sales of residential AC in the June quarter, with demand coming from middle-class consumers and first-time buyers in smaller markets. The Indian residential AC market is estimated to touch 11.5 million units in FY25.

  • Mixed Sentiments for Blue Star Ltd Stock - 07 Apr, 2024

    While Blue Star's earnings have grown over the past five years, ICICI Securities predicts muted performance for white goods companies in the near term.

  • Blue Star Invests in New Plant and Launches Energy-Efficient Products - 05 Apr, 2024

    Blue Star is investing heavily in expanding its production capacity and R&D infrastructure. The company has launched a range of energy-efficient deep freezers and aims to introduce more eco-friendly products. An article also analyzes the features of some of the best Blue Star ACs.

  • Blue Star Targets Sales Growth and Launches New Range of Deep Freezers - 04 Apr, 2024

    Blue Star aims to raise air conditioner sales by 25%, doubling its advertising spend to Rs. 40 crore. The company also launched a new range of energy-efficient deep freezers manufactured in India with eco-friendly technologies.

  • Blue Star Targets Sale of 100K Smart AC Units by FY25 - 03 Apr, 2024

    Blue Star aims to sell 100,000 smart AC units in FY25 and increase its market share to 15% from the current 13.7%. The company expects to cross the Rs 10,000-crore revenue mark in FY24.

  • India to Overtake China as Largest AC Consumer by 2040 - 01 Apr, 2024

    Blue Star Ltd's managing director, B Thiagarajan, predicts that India will surpass China as the largest consumer of air conditioners by 2040. The Indian air conditioning and refrigeration industry is experiencing unprecedented demand and growth, with India currently being the fastest-growing market for air conditioners.

Fundamentals of Blue Star Ltd

Insights on Blue Star Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, BLUESTARCO stock has moved up by 36.3%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 70.67 Cr → 100.39 Cr (in ₹), with an average increase of 29.6% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 1.90K Cr → 2.25K Cr (in ₹), with an average increase of 15.6% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 15.38% to 15.93% in Mar 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 36.49% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, KEI Industries Ltd has given 120.7% return, outperforming this stock by 25.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, KEI Industries Ltd has given 673.1% return, outperforming this stock by 427.5%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 23.30% to 22.89% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 23.02% to 22.87% in Mar 2024 quarter

Blue Star Ltd Valuation

Blue Star Ltd in the last 5 years

  • Overview

  • Trends

Lowest (21.14x)

March 30, 2020

Industry (-231.93x)

April 24, 2024

Today (58.82x)

April 24, 2024

Highest (330.04x)

December 4, 2020

LowHigh

Mutual Fund Holdings

Funds Holdings
SBI Small Cap Fund Direct Plan GrowthSBI Small Cap Fund Direct Plan Growth4.71%
Kotak Emerging Equity Scheme Direct GrowthKotak Emerging Equity Scheme Direct Growth1.7%
Axis Small Cap Fund Direct GrowthAxis Small Cap Fund Direct Growth3.41%
SBI Multicap Fund Direct GrowthSBI Multicap Fund Direct Growth3.67%
Kotak Small Cap Direct GrowthKotak Small Cap Direct Growth3%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
36.49%
0.00
Foreign Institutions
15.93%
0.00
Mutual Funds
22.87%
0.00
Retail Investors
22.89%
0.00
Others
1.83%
0.00

Technicals of Blue Star Ltd share

News & Events of Blue Star Ltd

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Blue Star Ltd (BLUESTARCO) share price today is ₹1464.65

Blue Star Ltd is listed on NSE

Blue Star Ltd is listed on BSE

  • Today’s highest price of Blue Star Ltd is ₹1473.
  • Today’s lowest price of Blue Star Ltd is ₹1418.1.

PE Ratio of Blue Star Ltd is 58.82

PE ratio = Blue Star Ltd Market price per share / Blue Star Ltd Earnings per share

Today’s traded volume of Blue Star Ltd(BLUESTARCO) is 2.28L.

Today’s market capitalisation of Blue Star Ltd(BLUESTARCO) is ₹29707.22Cr.

Blue Star Ltd(BLUESTARCOPrice
52 Week High
₹1489.95
52 Week Low
₹692.5

Blue Star Ltd(BLUESTARCO) share price is ₹1464.65. It is down -1.70% from its 52 Week High price of ₹1489.95

Blue Star Ltd(BLUESTARCO) share price is ₹1464.65. It is up 111.50% from its 52 Week Low price of ₹692.5

Blue Star Ltd(BLUESTARCOReturns
1 Day Returns
19.85%
1 Month Returns
14.17%
3 Month Returns
36.25%
1 Year Returns
95.14%