Blue Star share price has plunged 5% and is presently trading at Rs 1,629.9.
Meanwhile, the BSE CONSUMER DURABLES index is at 58,771.8 (down 2.1%).
Among the top losers in the BSE CONSUMER DURABLES index today are AMBER ENTERPRISES INDIA (down 3.6%) and DIXON TECHNOLOGIES (down 3.1%).
Over the last one year, Blue Star has moved up from Rs 783.7 to Rs 1,629.9, registering a gain of Rs 846.2 (up 108.0%).
On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,697.1 to 58,771.8, registering a gain of 37.6% during the last 12 months.
The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 173.1%), Blue Star (up 108.0%) and Voltas (up 81.8%).
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The BSE Sensex is at 79,456.2 (down 1.9%).
The top losers among the BSE Sensex today are Tata Motors (down 4.2%) and JSW Steel (down 3.5%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,271.9 (down 1.8%). Tata Motors and Hindalco are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,459.3 to 79,456.2, registering a gain of 12,996.8 points (up 19.6%).
Blue Star net profit fell 28.9% YoY to Rs 1,594 million for the quarter ended March 2024, compared to a profit of Rs 2,240 million a year ago. Net sales rose 26.8% to Rs 33,278 million during the period as against Rs 26,238 million in January-March 2023.
For the year ended March 2024, Blue Star reported 3.4% increase in net profit to Rs 4,143 million compared to net profit of Rs 4,007 million during FY23. Revenue of the company grew 21.4% to Rs 96,854 million during FY24.
The current Price to earnings ratio of Blue Star, based on rolling 12 month earnings, stands at 81.0.
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