This BSE 500 company wins four work orders worth Rs 575 crore!

Shares of the company have gained more than 30 per cent in the last 6 months.

On March 21, 2023, Blue Star Limited informed in the exchange filing that the company has secured railway electrification orders totaling Rs 575 crore, thereby successfully expanding its presence in the railways segment and marking its foray into the railway electrification space, and in turn, further consolidating its position in the Projects Business space.

The company is already a significant contributor to the metro rail segment in India for air conditioning and tunnel ventilation works, the company has now bagged four railway electrification orders from various prestigious customers including the West Central Railway (Kota Division), Central Organization for Railway Electrification (CORE) and Metro Railway, Kolkata.

Blue star manufacturers air purifiers, air coolers, water purifiers, cold storage and specialty products. The company offers turnkey solutions in MEP (Mechanical, Electrical, Plumbing, and Fire-fighting) projects.

Today, the stock opened at Rs 1469.95.00, with a high and low of Rs 1469.95 and Rs 1457.00. The stock previously closed at Rs 1452.55. The stock is currently trading at Rs 1457.50, up by 0.34 per cent.

In the last six months, the shares of the company have given more than 30 per cent returns and in last 1 year, the stock has given about 50 per cent returns.

The stock has a 52-week high of Rs 1535.50 and a 52-week low of Rs 860.00. The company has a market capitalisation of Rs 14,037.75 crore.