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Blue Star surges on reporting 29% rise in Q3 consolidated net profit

03 Feb 2022 Evaluate

Blue Star is currently trading at Rs. 941.25, up by 29.20 points or 3.20% from its previous closing of Rs. 912.05 on the BSE.

The scrip opened at Rs. 944.00 and has touched a high and low of Rs. 945.00 and Rs. 926.90 respectively. So far 2324 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1091.15 on 12-Nov-2021 and a 52 week low of Rs. 701.00 on 24-Feb-2021.

Last one week high and low of the scrip stood at Rs. 946.45 and Rs. 839.70 respectively. The current market cap of the company is Rs. 8784.31 crore.

The promoters holding in the company stood at 38.76%, while Institutions and Non-Institutions held 33.92% and 27.32% respectively.

Blue Star has reported a rise of 61.37% in its net profit at Rs 38.05 crore for the quarter ended December 31, 2021 as compared to Rs 23.58 crore for the same quarter in the previous year. Total income of the company increased by 30.37% at Rs 1339.95 crore for Q3FY22 as compared Rs 1027.79 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 29.37% in its net profit at Rs 47.57 crore for the quarter under review as compared to Rs 36.77 crore for the same quarter in the previous year. Total income of the company increased by 34.24% at Rs 1519.60 crore for Q3FY22 as compared Rs 1131.98 crore for the corresponding quarter previous year.

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Company Name CMP
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