BLUE STAR LTD.
NSE : BLUESTARCOBSE : 500067ISIN
CODE : INE472A01039Industry : Air ConditionersHouse
: Private
BSE1447.50-20.85 (-1.42 % )
PREV CLOSE (Rs.) 1468.35
OPEN PRICE (Rs.) 1492.30
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 18187
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE1447.90 -22.7 (-1.54 % )
PREV CLOSE(Rs.) 1470.60
OPEN PRICE (Rs.) 1490.60
BID PRICE (QTY) 1447.90 (242 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 907077
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 16-Apr-2024 | Blue Star informs about loss of share certificate | <p style="text-align: justify;">Pursuant to Regulation 39(3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Blue Star has informed that its Registrar and Transfer Agent - Link Intime India has informed them on April 16, 2024 regarding loss of share certificate and request for issue of duplicate share certificate as details enclosed. As required under SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/ 2022/8 dated January 25, 2022, the company shall issue ‘Letter of Confirmation' to the shareholders after complying with the required formalities. The company has enclosed the copy of email received by them from its Registrar & Share Transfer Agent.</p><div>The above information is a part of company's filings submitted to BSE.</div> |
| 18-Mar-2024 | Blue Star informs about loss of share certificate | <p style="text-align: justify;">Pursuant to Regulation 39(3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Blue Star has informed that its Registrar and Transfer Agent - Link Intime India has informed them on March 16, 2024 regarding loss of share certificates and request for issue of duplicate share certificates as details enclosed. As required under SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/ 2022/8 dated January 25, 2022, the company shall issue ‘Letter of Confirmation' to the shareholders after complying with the required formalities. The company has enclosed the copy of emails received by them from its Registrar & Share Transfer Agent.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 04-Mar-2024 | Blue Star unveils new comprehensive range of room ACs | <p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><div style="text-align: justify;"><br></div> |
| 04-Mar-2024 | Blue Star rises on unveiling new comprehensive range of room ACs | <p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">The promoters holding in the company stood at 36.49%, while Institutions and Non-Institutions held 40.21% and 23.30% respectively.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><div style="text-align: justify;"><br></div> |
| 24-Feb-2024 | Blue Star informs about newspaper advertisement | <p style="text-align: justify;">With reference to its letter dated February 23, 2024, with respect to Postal Ballot Notice (the ‘Notice') dated February 23, 2024 for seeking member's approval for special businesses as set out in the said Notice, pursuant to Regulation 47 of the Listing Regulations and in accordance with the applicable provisions of the Companies Act, 2013 read with relevant Rules made thereunder, Blue Star has informed that it enclosed the copies of the advertisement stating the details of Postal Ballot and e-voting as published in the newspapers: Financial Express (English - All India Edition) and Mumbai Lakshadeep (Marathi - Mumbai Edition) both issued on February 24, 2024. The copy of the said advertisements are also being made available on the website of the Company at www.bluestarindia.com.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div style="text-align: justify;"><br></div> |
| 31-Jan-2024 | Blue Star gains on reporting 72% rise in Q3 consolidated net profit | <p style="text-align: justify;">Blue Star is currently trading at Rs. 1111.20, up by 12.25 points or 1.11% from its previous closing of Rs. 1098.95 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1110.85 and has touched a high and low of Rs. 1143.00 and Rs. 1093.65 respectively. So far 25981 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,143.00 on 31-Jan-2024 and a 52 week low of Rs. 600.03 on 31-Jan-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1143.00 and Rs. 1048.00 respectively. The current market cap of the company is Rs. 22643.33 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 36.49%, while Institutions and Non-Institutions held 40.21% and 23.30% respectively.</p><p style="text-align: justify;">Blue Star has reported results for third quarter ended December 31, 2023 (Q3FY24). </p><p style="text-align: justify;">The company has reported 47.23% rise in net profit at Rs 76.69 crore for the third quarter ended December 31, 2023 as compared to Rs 52.09 crore for the same quarter in the previous year. Total income of the company increased by 24.37% at Rs 2064.59 crore for Q3FY24 as compared Rs 1660.09 crore for corresponding quarter of the previous year.</p><p style="text-align: justify;">On consolidated basis, the company reported 71.99% rise in its net profit at Rs 100.46 crore for Q3FY24 as compared to Rs 58.41 crore for the same quarter in the previous year. Total income of the company increased by 25.26% at Rs 2253.86 crore for Q3FY24 as compared Rs 1799.33 crore for corresponding quarter of the previous year.</p> |
| 31-Jan-2024 | Glenmark Pharmaceuticals, Jubilant FoodWorks and LIC to see some action today | <p style="text-align: justify;"><b>Glenmark Pharmaceuticals </b>and Ichnos Sciences Inc. (Ichnos), its global fully integrated, clinical-stage biotech subsidiary, have launched their alliance - Ichnos Glenmark Innovation (IGI) - to accelerate new drug discovery in cancer treatment. This alliance combines Glenmark's research and development proficiencies in small molecules with those of Ichnos in novel biologics to continue developing cutting-edge therapy solutions that treat hematological malignancies and solid tumors. </p><p style="text-align: justify;"><b>Jubilant FoodWorks</b>' Domino's India has joined Open Network for Digital Commerce (ONDC) Network. With this integration, Domino's catalogue will be seen on all apps that a consumer is shopping from across a network that is rapidly developing, while seamlessly facilitating transactions. Customers in Delhi NCR can order Domino's Pizza via ONDC, and other cities will be live soon.</p><p style="text-align: justify;"><b>Life Insurance Corporation of India</b> (LIC) has increased its shareholding in ‘Indraprastha Gas'. The Corporation's shareholding in ‘Indraprastha Gas' has increased from 5,11,01,634 to 6,54,83,460 Equity Shares, increasing its shareholding from 7.300% to 9.355% of the paid-up capital of the said Company.</p><p style="text-align: justify;"><b>Bharti Airtel </b>has launched seven new, next-gen Company owned stores in the city of Ahmedabad. The new stores that have come up in Navrangpura, Anand Nagar Road, Khokhra, Sargasan, Chandkheda, Nana Chiloda, Nirnay Nagar and New Vasna will strengthen Airtel's retail presence and will offer unparalleled service experience to customers. The stores will also showcase Airtel's cutting-edge technologies across its portfolio.</p><p style="text-align: justify;"><b>Blue Star </b>has reported 71.99% rise in its consolidated net profit at Rs 100.46 crore for Q3FY24 as compared to Rs 58.41 crore for the same quarter in the previous year. Total income of the company increased by 25.26% at Rs 2253.86 crore for Q3FY24 as compared Rs 1799.33 crore for corresponding quarter of the previous year.</p><p style="text-align: justify;"><b>Sealmatic India </b>(further referred as Sealmatic) has achieved a significant milestone, with its recent approval by the Directorate General for Quality Assurance (DGQA). The approval of DGQA for Sealmatic is a stamp of validation, signifying that its manufacturing processes have successfully passed stringent tests and evaluations, with detailed documentation. The procedure involves rigorous testing and evaluation of Sealmatic processes to ensure that they meet the demanding requirements of the defence sector. From material quality to performance under extreme conditions, every aspect is scrutinized.</p><p style="text-align: justify;"><b>Tata Consultancy Services </b>(TCS) is expanding by 15 years its partnership with Aviva to transform the UK-based based insurance, wealth, and retirement business company's business and customer experience.</p> |
| 30-Jan-2024 | Blue Star reports 72% rise in Q3 consolidated net profit | <p style="text-align: justify;">Blue Star has reported results for third quarter ended December 31, 2023 (Q3FY24). </p><p style="text-align: justify;">The company has reported 47.23% rise in net profit at Rs 76.69 crore for the third quarter ended December 31, 2023 as compared to Rs 52.09 crore for the same quarter in the previous year. Total income of the company increased by 24.37% at Rs 2064.59 crore for Q3FY24 as compared Rs 1660.09 crore for corresponding quarter of the previous year.</p><p style="text-align: justify;">On consolidated basis, the company reported 71.99% rise in its net profit at Rs 100.46 crore for Q3FY24 as compared to Rs 58.41 crore for the same quarter in the previous year. Total income of the company increased by 25.26% at Rs 2253.86 crore for Q3FY24 as compared Rs 1799.33 crore for corresponding quarter of the previous year.</p> |
| 22-Dec-2023 | Blue Star informs about disclosure | <div>Blue Star has informed that the Company has received an Order dated December 21, 2023 at 08:10 pm from Assistant Commissioner of State Tax, Gujarat under Section 73 of Central Goods and Service Tax Act/Gujarat Goods and Service Tax Act for Tax liability amounting to Rs 2,99,552, Interest of Rs 2,80,940 and a penalty of Rs 29,954 aggregating to a demand of Rs 6,10,446. The said demand pertains to GST Audit conducted by Gujarat state GST Department for the period 2017 - 2018. Based on our assessment, we believe that the aforementioned demand is not maintainable and the Company is in the process of preferring an appeal against the said Order. The said Order has no material impact on the financials, operations or other activities of the Company. The detailed disclosure with respect to the Order as required under the SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed herewith as ‘Annexure -I'. The aforesaid information is also being placed on the website of the Company at www.bluestarindia.com</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 20-Dec-2023 | Blue Star informs about newspaper advertisement | <p style="text-align: justify;">With reference to letter dated December 19, 2023, with respect to Postal Ballot Notice dated December 19, 2023 for seeking member's approval for special business as set out in the said Notice, pursuant to Regulation 47 of the Listing Regulations and in accordance with the applicable provisions of the Companies Act, 2013 read with relevant Rules made thereunder, Blue Star has informed that it enclosed the copies of the advertisement stating the details of Postal Ballot and e-voting as published in the newspapers: Financial Express (English - All India Edition) and Mumbai Lakshadeep (Marathi - Mumbai Edition) both issued on December 20, 2023. The copy of the said advertisements are also being made available on the website of the Company at www.bluestarindia.com. </p><div>The above information is a part of company's filings submitted to BSE.</div> |
