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Blue Star soars on its arm entering into partnership with Sands International

17 Apr 2018

Blue Star is currently trading at Rs. 799.50, up by 8.45 points or 1.07% from its previous closing of Rs. 791.05 on the BSE.

The scrip opened at Rs. 802.00 and has touched a high and low of Rs. 805.00 and Rs. 780.05 respectively. So far 2299 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 845.00 on 08-Jan-2018 and a 52 week low of Rs. 587.20 on 29-Jun-2017.

Last one week high and low of the scrip stood at Rs. 808.00 and Rs. 772.90 respectively. The current market cap of the company is Rs. 7594.32 crore.

The promoters holding in the company stood at 38.89%, while Institutions and Non-Institutions held 30.84% and 30.28% respectively.

Blue Star’s wholly owned subsidiary in Dubai - Blue Star International FZCO, has entered into partnership with Sands International as the official distributor in the Kingdom of Saudi Arabia (KSA) for its Unitary Products range.

Besides, the company is also launching its wide array of water cooling solutions comprising Bottle Water Dispensers, Storage Water Coolers and Water Tank Chillers. This comprehensive range of water cooling solutions primarily cater to the requirements of the commercial sector, with a special focus on commercial, healthcare, residential, education and hospitality segments.

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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