5 reasons Blue Star is this week’s stock pick
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Helped by strong operational performance, higher other income and lower tax, air-conditioning and commercial refrigeration company Blue Star reported robust numbers in the first quarter of 2022-23. The revenue grew 87.3% y-o-y to Rs.1,970.3 crore whereas EBITDA and PAT jumped over 2.9 times and 5.2 times y-o-y to Rs.123.3 crore and Rs.100.69 crore, respectively. All business segments witnessed robust growth between 39-44% y-o-y in 2021-22, and