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Brands Companies Finance News

Blue Star Launches QIP Offer To Raise Rs 1,000 Cr For Expansion

Leading cooling products manufacturer, Blue Star, has initiated its Qualified Institutions Placement (QIP) offer with a floor price set at Rs 784.55 per equity share, aiming to raise Rs 1,000 crore to support its expansion strategies. The Executive Management Committee at its meeting on Monday to approve the opening of the offering, scheduled for 18 […]

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Companies News

Blue Star Net profit Rises At Rs 225 Cr In Q4FY23

Blue Star on Friday reported an almost threefold increase in net profit to Rs 225.29 crore in the fourth quarter ended 31 March 2023, against Rs 76.27 crore in the same quarter previous fiscal. According to the statement from the air conditioning and commercial refrigeration firm, its revenue during the reviewed quarter grew 16 per […]

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Logistics News

Blue Star Enters Into Railway Electrification Space, Wins 4 Orders Worth Rs 575 Cr

Blue Star on Tuesday announced that it secured railway electrification orders totalling Rs 575 crore, thereby successfully expanding its presence in the railways segment and marking its foray into the railway electrification space. According to a statement shared with stock exchanges, the company has bagged four railway electrification orders from various prestigious customers including the […]

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