Blue Star gains on entering into strategic alliance with VVDN Technologies

Blue Star Ltd. | Air Conditioners | Consumer Durables | BSE: 500067 | NSE: BLUESTARCO

14 Mar 2022 Evaluate

Blue Star is currently trading at Rs. 983.55, up by 0.90 points or 0.09% from its previous closing of Rs. 982.65 on the BSE.

The scrip opened at Rs. 999.95 and has touched a high and low of Rs. 1006.50 and Rs. 977.70 respectively. So far 2713 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1134.90 on 17-Feb-2022 and a 52 week low of Rs. 740.05 on 20-Sep-2021.

Last one week high and low of the scrip stood at Rs. 1035.00 and Rs. 966.30 respectively. The current market cap of the company is Rs. 9472.95 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 entered into strategic alliance with VVDN Technologies. With this alliance, VVDN will be co-developing and manufacturing new generation controllers for residential and commercial AC segments.

VVDN, with its rich experience in the electronics space, specializes in PCB layout and design, power controllers, adding wireless connectivity, and optimizing the BOM and manufacturing solutions that go into air conditioners. Recently, VVDN was awarded the white goods PLI by the Government of India, which further underscores the company's commitment to the HVAC sector.

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

1784.35 -52.95 (-2.88%)

30-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Voltas	1430.30
Blue Star	1784.35
Amber Enterprises	8026.15
Bosch Home Comfort	1393.45
EPACK Durable	279.95
View more..

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