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.

Broker Research

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.

Outlook

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

For all recommendations report, click here

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Broker Research

first published: Jul 21, 2020 01:50 pm

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