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Blue Star surges on entering into partnership with Comfort Solutions

14 Jul 2017

Blue Star is currently trading at Rs. 649.25, up by 9.10 points or 1.42% from its previous closing of Rs. 640.15 on the BSE.

The scrip opened at Rs. 640.20 and has touched a high and low of Rs. 665.50 and Rs. 631.60 respectively. So far 6775 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 723.95 on 05-Apr-2017 and a 52 week low of Rs. 417.50 on 19-Jul-2016.

Last one week high and low of the scrip stood at Rs. 665.50 and Rs. 596.00 respectively. The current market cap of the company is Rs. 6072.83 crore.

The promoters holding in the company stood at 39.07%, while institutions and non-institutions held 30.49% and 30.44% respectively.

Blue Star has entered into partnership with Comfort Solutions for distribution of its Unitary Products in Sri Lanka. The Unitary Products range comprising Room Air Conditioners, Cassette Air Conditioners, Floor Standing Air Conditioners, Water Coolers, Deep Freezers, Bottled Water Dispensers and Ice Cube Machines.

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.

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