NSE: BLUESTARCO | BSE: 500067

Expensive Underperformer

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1634.80 -17.50 (-1.06%)

130.2K NSE+BSE Volume

NSE 26 May, 2026 10:06 AM (IST)

33,613.9

Market Cap

High in industry

Beta 1Year

High Volatility

Blue Star Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for BLUESTARCO, BSE:500067 Blue Star Ltd.

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Blue Star Ltd.

07 May 2026

1634.80

-1.06%

Short-term margin tailwinds drive beat

Neutral: Blue Star Ltd.

Target

Motilal Oswal

Blue Star’s (BLSTR) 4QFY26 revenue was up marginally ~1% YoY to INR40.7b (~7% miss). However, EBITDA increased ~17% YoY to INR3.3b (+9% vs. our est.), led by cost rationalization measures and certain deferred discretionary costs.

Blue Star Ltd. is trading below all available SMAs

Blue Star Ltd.

17 Apr 2026

1634.80

-1.06%

Swift reset and growth optimism largely priced in

Neutral: Blue Star Ltd.

Target

Motilal Oswal

Blue Star (BLSTR)’s stock rallied over 25% in the last two weeks from its recent low due to an improving demand outlook with rising temperatures across regions, following unseasonal rains at the end of Mar’26.

Blue Star Ltd. is trading below all available SMAs

Blue Star Ltd.

01 Feb 2026

1634.80

-1.06%

Blue Star (HOLD): Margin surprise on pricing discipline

Hold: Blue Star Ltd.

Target

BOB Capital Markets Ltd.

EBITDA holds steady on cost control, even as revenue growth remains modest amid demand headwinds

Blue Star Ltd. is trading below all available SMAs

Blue Star Ltd.

30 Jan 2026

1634.80

-1.06%

Earnings in line; stronger UCP margin with a modest share gain

Neutral: Blue Star Ltd.

Target

Motilal Oswal

Blue Star’s (BLSTR) 3QFY26 revenue grew ~4% YoY to INR29.3b (~5% miss), led by ~9% YoY growth in EMPS, while PES/UCP revenue declined ~7%/1% YoY. EBITDA grew ~5% YoY to INR2.2b (in line).

Motilal Oswal decreased Neutral price target of Blue Star Ltd. to 1920.0 on 07 May, 2026.

Blue Star Ltd.

25 Nov 2025, 12:00AM

1634.80

-1.06%

Crafting perfect climates!

Neutral: Blue Star Ltd.

Motilal Oswal

Leading player in commercial refrigeration with steady market share gainsin RAC: Blue Star (BLSTR) is steadily gaining market share in the Indian RAC segment. Its share improved to ~14% in FY25 from ~7% in FY14.

Motilal Oswal decreased Neutral price target of Blue Star Ltd. to 1920.0 on 07 May, 2026.

Blue Star Ltd.

07 Nov 2025

1634.80

-1.06%

Blue Star (HOLD): Short-term pain persists, long-term growth intact

Hold: Blue Star Ltd.

Target

BOB Capital Markets Ltd.

Ahead of our/ consensus estimates, revenue was in line while EBITDA was a beat (+18%), led by cost-saving measures

Blue Star Ltd. is trading below all available SMAs

Blue Star Ltd.

08 Aug 2025

1634.80

-1.06%

Early monsoon impacted Q1

Buy: Blue Star Ltd.

Recommendation Target

Sharekhan

Blue Star’s room AC (RAC) business was hit by unexpected tailwinds of early rains. UCP segment clocked a decline of 13%, which is ideally lower as compared to peers. Management highlighted that they have gained market share that is slightly above 14%.

Blue Star Ltd. is trading below all available SMAs

Blue Star Ltd.

08 Aug 2025

1634.80

-1.06%

Blue Star (HOLD): Soft Q1; inventory correction on festive uptick, BEE reset

Hold: Blue Star Ltd.

Recommendation Target

BOB Capital Markets Ltd.

Topline beat Street/ our estimates, EMP sustains growth momentum offsetting decline in Unitary products

Blue Star Ltd. has an average target of 1930.00 from 5 brokers.

Blue Star Ltd.

03 Jul 2025

1634.80

-1.06%

Axis Punch:Blue Star

Buy: Blue Star Ltd.

Axis Direct

We recommend a BUY on the stock with a target price of Rs 1,930/share, implying an upside of 10% from the CMP

Motilal Oswal decreased Neutral price target of Blue Star Ltd. to 1920.0 on 07 May, 2026.

Blue Star Ltd.

02 Jul 2025

1634.80

-1.06%

Weak Q1 already built in; demand deferred, not lost

Buy: Blue Star Ltd.

Emkay

We met with the management of Blue Star (BLSTR) to understand recent trends in the AC industry and mgmt outlook for FY26. BLSTR expects ~20- 25% YoY revenue drop in RAC in Q1FY26 due to a high base and unseasonal rains, partly offset by steady growth in CACs (~10-12%, led by data centers) and Commercial Refrigeration (~15-20%, led by visi coolers/freezers).

Blue Star Ltd. is trading below all available SMAs

Is Blue Star Ltd. worth buying?

190 Votes:

Buy 78.95%

Sell 12.11%

Hold 8.95%

RESEARCH REPORTS

Neutral SEE REPORTS >

pdf

Neutral SEE REPORTS >

pdf