Blue Star rises on unveiling new comprehensive range of room ACs

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

04 Mar 2024 Evaluate

Blue Star is currently trading at Rs. 1320.40, up by 4.30 points or 0.33% from its previous closing of Rs. 1316.10 on the BSE.

The scrip opened at Rs. 1316.00 and has touched a high and low of Rs. 1323.35 and Rs. 1297.80 respectively. So far 94458 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1338.95 on 02-Mar-2024 and a 52 week low of Rs. 672.50 on 03-Apr-2023.

Last one week high and low of the scrip stood at Rs. 1338.95 and Rs. 1253.00 respectively. The current market cap of the company is Rs. 27113.39 crore.

The promoters holding in the company stood at 36.49%, while Institutions and Non-Institutions held 40.21% and 23.30% respectively.

Blue Star has unveiled its new comprehensive range of Room ACs, including a ‘best-in-class affordable’ range and a ‘flagship premium’ range, for the forthcoming summer season. Overall, the Company has launched over 100 models across the spectrum of inverter, fixed speed, and window ACs, and across price points to cater to every consumer segment.

The market for room ACs is witnessing significant demand owing to burgeoning middleclass consumers with higher disposable incomes and the category becoming more of a necessity than a luxury. The Company is experiencing demand from first-time buyers, especially in the Tier 2, 3 and 4 markets, as well as the replacement market. Blue Star has launched a slew of products to cater to this growing demand, leveraging its manufacturing, R&D and innovation capabilities to roll out new, differentiated and best-in-class ACs.

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

1802.50 18.15 (1.02%)

04-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Voltas	1454.30
Blue Star	1802.50
Amber Enterprises	8004.90
Bosch Home Comfort	1433.90
EPACK Durable	276.10
View more..

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