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Blue Star surges on launching new range of air-conditioners for residential segment

08 Jan 2015 Evaluate

Blue Star is currently trading at Rs. 327.15, up by 7.65 points or 2.39% from its previous closing of Rs. 319.50 on the BSE.

The scrip opened at Rs. 325.00 and has touched a high and low of Rs. 329.00 and Rs. 325.00 respectively. So far 1103 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 387.00 on 19-Nov-2014 and a 52 week low of Rs. 134.50 on 10-Feb-2014.

Last one week high and low of the scrip stood at Rs. 335.85 and Rs. 312.50 respectively. The current market cap of the company is Rs. 2931.92 crore.

The promoters holding in the company stood at 39.46% while Institutions and Non-Institutions held 25.31% and 35.23% respectively.

Air-conditioning and commercial refrigeration major, Blue Star has launched a new range of contemporary, energy-efficient and eco-friendly room air-conditioners for the residential segment. These air-conditioners, apart from sophisticated features, array of colours and state-of-the-art technology, offer considerable power savings.

Blue Star is India’s leading central air-conditioning and commercial refrigeration company fulfilling the cooling requirements and providing end-to-end solutions as a manufacturer, contractor and after-sales service provider to corporate, commercial, institutional and residential customers.

Peers
Company Name CMP
Voltas 1054.00
Blue Star 1475.00
Amber Enterprises 6499.35
EPACK Durable 171.55
Bosch Home Comfort 1969.85
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