Blue Star plans to invest Rs 450 crore for expansion

05 Oct 2016 Evaluate

In order to expand manufacturing across its categories, Blue Star is planning to invest Rs 450 crore in the next three years. The air-conditioner maker is getting consumer’s focus after entering the residential air conditioner and water purifier segment.

Having bagged a 10.5 per cent share in the air-conditioner segment, it is now eyeing a 15 per cent share in the water purifier segment in the next three years. Blue Star is already present in the water cooler segment for several decades where it claims to be a market leader with a 35 per cent share.


Blue Star Share Price

1275.70 -25.65 (-1.97%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Voltas 1103.55
Blue Star 1275.70
Amber Enterprises 3650.00
Johnson Controls 951.90
EPACK Durable 151.45
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.