Blue Star share price has plunged 6% and is presently trading at Rs 1,928.0.
Meanwhile, the BSE CONSUMER DURABLES index is at 64,367.7 (down 2.3%).
Among the top losers in the BSE CONSUMER DURABLES index today are ORIENT ELECTRIC (down 4.5%) and RAJESH EXPORTS (down 3.0%).
Over the last one year, Blue Star has moved up from Rs 885.1 to Rs 1,928.0, registering a gain of Rs 1,043.0 (up 117.8%).
On the other hand, the BSE CONSUMER DURABLES index has moved up from 45,729.3 to 64,367.7, registering a gain of 40.8% during the last 12 months.
The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 154.8%), Blue Star (up 117.8%) and Voltas (up 102.6%).
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The BSE Sensex is at 81,105.7 (down 0.7%).
The top losers among the BSE Sensex today are NTPC (down 4.2%) and MUNDRA PORT & SEZ (down 4.1%). The most traded stocks in the BSE Sensex are Tata Steel and Axis Bank.
In the meantime, NSE Nifty is at 24,793.9 (down 0.9%). NTPC and MUNDRA PORT & SEZ are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,512.1 to 81,105.7, registering a gain of 15,593.6 points (up 23.8%).
Blue Star net profit grew 102.3% YoY to Rs 1,687 million for the quarter ended June 2024, compared to a profit of Rs 834 million a year ago. Net sales rose 28.7% to Rs 28,654 million during the period as against Rs 22,260 million in April-June 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 79.4.
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