HomeNewsBusinessStocksReduce Blue Star; target of Rs 508: Dolat Capital

Reduce Blue Star; target of Rs 508: Dolat Capital

Dolat Capital recommended reduce rating on Blue Star with a target price of Rs 508 in its research report dated July 20, 2020.

July 21, 2020 / 13:50 IST
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Dolat Capital's research report on Blue Star

The Blue Star AR while addressing the covid-19 impact talks about company’s focus on constant innovation, product expansion and dealer engagement. The company revamped its products and brand with Virat Kohli as the brand ambassador in FY20.

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Outlook

The company has implemented the BlueStar@80 FY24 strategy; management continuity, constant innovation and cash conservation form the main pillars.

Blue Star 20072020-dolat


For all recommendations report, click here

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Broker Research
first published: Jul 21, 2020 01:50 pm

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