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Blue Star edges higher on aiming revenue of Rs 120 crore in FY20 from water purifiers business

13 Jun 2019 Evaluate

Blue Star is currently trading at Rs. 792.50, up by 1.15 points or 0.15% from its previous closing of Rs. 791.35 on the BSE.

The scrip opened at Rs. 798.00 and has touched a high and low of Rs. 804.45 and Rs. 792.50 respectively. So far 317 shares were traded on the counter.

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. 813.05 and Rs. 780.10 respectively. The current market cap of the company is Rs. 7642.03 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 set target revenue of Rs 120 crore from the water purifier business in this financial year (FY20). The company, which sold 70,000 units of water purifiers since 2016, also eyeing to retail 1.20 lakh units.

The company is also aiming to surpass the marketshare of five percent in this vertical during this financial year. The company, in 2019-20, would generate jobs for around 500 people which include recruiting around 200-250 people for its new manufacturing facility being set up in Wada, Maharashtra.

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.


Blue Star Share Price

1903.75 15.20 (0.80%)
21-Apr-2026 10:49 View Price Chart
Peers
Company Name CMP
Voltas 1465.00
Blue Star 1903.75
Amber Enterprises 7940.80
Bosch Home Comfort 1364.00
EPACK Durable 255.50
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