Blue Star Limited – an air-conditioner & commercial refrigeration company expects 17% growth in this financial year with its market share expected to increase up to 12.5% in upcoming months.
Recently, B Thiagarajan- Joint Managing Director of Blue Star Limited said in the press conference that the market picked in the last year and also accelerated in the last three months.
“In the last calendar year, the market grew by 10% even the GST Hiccup was there. The second half started picking up but in just last 3 months; it is further accelerating. The estimated growth of the market is 12% in the 2017-18 fiscal.” He further added.
At last, he said, “as the financial year 2017-18 showed 12% in the market; the growth will be 17% and we have grown 5% more than the market in next few months.”
For the investors; the Blue Star Limited will be a good option to invest money in the upcoming time. Keep eye on the share price & grab a chance to get a handsome return.