Blue Star Ltd. News and Updates

Name: Latest research reports of Blue Star Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: Blue Star Ltd.
Rating: 3
Author: Motilal Oswal

Keep track of all breaking news on Blue Star Ltd. from all sources in a single place.

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Blue Star Ltd.

27 Aug 2020

1883.70

-0.63%

Blue Star share price gains 3% on Rs 149-crore order from Mumbai Metro

Moneycontrol

The order for electrical mechanical works is for five underground stationsMumbai Central, Mahalaxmi, Science Museum, Acharya Atre Chowk, and Worli.rnrnEM order valued at Rs 149 crore for Mumbai Metro Line III, Package UGC-03' for five underground stations - Mumbai Central, Mahalaxmi, Science Museum, Acharya Atre Chowk, and Worli.

Blue Star Ltd. has an average target of 2038.20 from 5 brokers.

Blue Star Ltd.

11 Aug 2020

1883.70

-0.63%

Neutral Blue Star; target of Rs 435: Motilal Oswal

Moneycontrol

Motilal Oswal recommended Neutral rating on Blue Star with a target price of Rs 435 in its research report dated August 08, 2020.

Blue Star Ltd. is trading above its 200 day SMA of 1873.1

Blue Star Ltd.

10 Aug 2020

1883.70

-0.63%

Blue Star expects AC, commercial refrigeration business to get back to normal by Q4

Business Today

The room air conditioners and commercial refrigeration businesses are expected to gain traction gradually and expectation is that the market will get back to normal by Q4FY21

Blue Star Ltd. is trading below its 30 day SMA of 1919.7

Blue Star Ltd.

09 Aug 2020

1883.70

-0.63%

Reduce Blue Star; target of Rs 510: Dolat Capital

Moneycontrol

Dolat Capital recommended reduce rating on Blue Star with a target price of Rs 510 in its research report dated August 07, 2020.

Blue Star Ltd. is trading below its 30 day SMA of 1919.7

Blue Star Ltd.

07 Aug 2020

1883.70

-0.63%

Neutral Blue Star; target of Rs 460: Motilal Oswal

Moneycontrol

Motilal Oswal recommended neutral rating on Blue Star with a target price of Rs 460 in its research report dated August 05, 2020.

Blue Star Ltd. is trading above its 200 day SMA of 1873.1

Blue Star Consolidated June 2020 Net Sales at Rs 626.02 crore, down 60.26% Y-o-Y

Moneycontrol | 07 Aug 2020

Blue Star Ltd.

05 Aug 2020

1883.70

-0.63%

Focus on working capital management remains key

Neutral: Blue Star Ltd.

Target

Motilal Oswal

5 August 2020 successful in reducing its working capital (WC) cycle in FY20. As % of sales, WC stood at 6.2% in F20 (v/s 10.6% in FY19) due to debtor days declining to 57 days in FY20 (v/s 78 days in FY19). Free cash flow (FCF) generated stood at INR3.7b in FY20, implying FCF/EBITDA of 131% and FCF/Adj. PAT of 252%. Over FY14-20, FCF generation stood strong at INR8.9b, implying 100% FCF/Adj. PAT. BLSTRs products are exported to 18 countries across the Middle East, Africa, SAARC and ASEAN regions. Revenues from abroad doubled to INR5.2b in FY20 (v/s INR2.6b in FY15). Also, share of revenue from abroad now constitutes ~10% of the companys total revenue (v/s 8.

Blue Star Ltd. is trading below its 30 day SMA of 1919.7

Blue Star Ltd.

21 Jul 2020

1883.70

-0.63%

Reduce Blue Star; target of Rs 508: Dolat Capital

Moneycontrol

Dolat Capital recommended reduce rating on Blue Star with a target price of Rs 508 in its research report dated July 20, 2020.

Blue Star Ltd. has an average target of 2038.20 from 5 brokers.

Blue Star Ltd.

20 Jul 2020

1883.70

-0.63%

Blue Star

Buy: Blue Star Ltd.

Dolat Capital

The Blue Star AR while addressing the covid-19 impact talks about company's focus on constant innovation, product expansion and dealer engagement. The company revamped its products and brand with Virat Kohli as the brand ambassador in FY20. The company has implemented the BlueStar@80 FY24 strategy; management continuity, constant...