Blue Star Shares: There was a lot of pressure for profit booking in domestic stocks today. In this environment, further pressure on Blue Star shares increased due to a management action. When management reduced its full-year revenue growth guidance, investors panicked and there was a rush to sell shares. In this race, Blue Star shares took a hit and fell by more than 7%. This selling pressure was so high that despite buying at lower levels, the shares could not recover and remained in a weak position till the end of the day. Today it closed at ₹1792.00 (Blue Star Share Price) with a fall of 6.52% on BSE. It slipped 7.36% to ₹1776.00 intra-day.
Why did Blue Star management reduce its revenue growth guidance?
Blue Star’s management has reduced the full year revenue growth guidance from 5% to flat. The management mentioned in its earnings call that despite the cut in GST rates on consumer durables like room ACs, the festive season was not good. The company says it currently has 65 days of inventory that needs to be cleared before the changes in energy regulations from January 2026. Along with this, uncertainties related to tariff also remain.
The management of Blue Star believes that the business in the second half of this financial year 2026 may be better than the business of the first half but cannot say anything with certainty whether it will be able to cover the loss of the first half of this financial year 2026 or not. Blue Star expects the room AC industry to decline 15% year-on-year but expects it to grow at a faster pace than the industry and maintain margins at current levels.
How were the shares in one year?
Blue Star shares were at ₹2419.95 earlier this year on January 6, 2025, which is a one-year record high for its shares. From this high it slipped 37.14% in less than five months to ₹1521.20 on May 30, 2025, which is a one-year record low for its shares. Now talking further, according to the details available on Indamoni, out of 22 analysts covering it, 11 have given it buy rating, 7 have given hold and 4 have given sell rating. Its highest target price is ₹2419 and lowest target price is ₹1117.
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