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Blue Star gains on launching 34 new models of water purifiers

12 Jun 2019 Evaluate

Blue Star is currently trading at Rs. 800.00, up by 4.00 points or 0.50% from its previous closing of Rs. 796.00 on the BSE.

The scrip opened at Rs. 804.25 and has touched a high and low of Rs. 804.25 and Rs. 797.00 respectively.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 825.00 on 06-Jun-2019 and a 52 week low of Rs. 507.30 on 23-Oct-2018.

Last one week high and low of the scrip stood at Rs. 825.00 and Rs. 793.00 respectively. The current market cap of the company is Rs. 7705.11 crore.

The promoters holding in the company stood at 38.76%, while Institutions and Non-Institutions held 30.68% and 30.56% respectively.

Blue Star has launched a premium and differentiated range of residential water purifiers comprising 34 models across various price points with RO, UV, UV LED, RO+UV, and RO+UV+UF technologies including colour variants and select models with Immuno Boost technology.

The range includes nine series called Stella, Prisma, Imperia, Eleanor, Majesto, Genia, Aristo, Eternia, and Pristina with price points varying from Rs 10,900 to Rs 46,900 in the RO and its variants range; and price points from Rs 7,900 to Rs 9,900 in the UV range.

When the company forayed into the business, it was with 13 models in limited price bands. The company has now extended the range in order to have products across various price points.

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 1144.30
Blue Star 1486.80
Amber Enterprises 6988.55
EPACK Durable 177.85
Bosch Home Comfort 1669.60
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