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Dolat Capital Report
We interacted with the management of Blue Star Ltd. to comprehend the consumer demand and inventory situation.
Under its three year strategic roadmap ‘Blue Star@81’, the company targets to clock Rs 100 billion revenue by FY25, growing at compound annual growth rate of 17-18%.
We like Blue Star due to its disciplined pricing strategy with focus on margins, strong order pipeline, diversified portfolio and widespread distribution.
Blue Star has witnessed a good demand at the onset of the festive season marked by Onam. The company is optimistic for upcoming festive season across all its products.
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