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 […]
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 […]
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 […]
