Blue Star

Cyrix Healthcare, a portfolio company of Somerset Indus Capital Partners Fund III, has announced the acquisition of the MedTech Solutions business of Blue Star Engineering & Electronics Ltd (Blue Star E&E). The acquisition, effective September 1, 2026, aims to strengthen Cyrix's medical imaging capabilities and expand its "total MedTech management" platform across India, West Asia, and Africa, according to a release on Saturday. Cyrix Healthcare did not share financial details of the transaction. The move integrates Blue Star E&E's expertise in multi-brand CT and MRI systems, including sales, installation, and maintenance across more than 250 installations, into Cyrix's existing infrastructure. The acquisition also bolsters AURUM, Cyrix's refurbished medical equipment business, by enhancing its capacity to handle refurbished CT and MRI systems. According to the company, all existing customers of Blue Star E&E MedTech Solutions will continue to be supported by the same .

Analysts said Blue Star, Crompton Greaves Q1 earnings were impacted by sharp commodity price inflation, a delayed and shorter summer, elevated RAC inventory and subdued pricing.

Air-conditioner and refrigerator makers reported strong volume and value growth as prolonged heat and delayed monsoon boosted demand despite multiple price hikes

Shares of air-conditioner makers jumped up to 5 per cent on Wednesday as a delayed monsoon and persistent heatwave boosted demand expectations.

The BSE Consumer Durables index fell more than 3 per cent in intraday today. Among the individual stocks, Amber Enterprises tanked 17 per cent to ₹7,047.65.

Analyst said that demand and consumption of electricity may further rise due to more intense heatwaves, with more frequent use of air conditioners, air coolers, and other appliances.

Unseasonal rains and West Asia conflict may hit demand and costs, but Blue Star expects 20 per cent growth backed by strong long-term AC market expansion

Analysts are positive on AC stocks amid strong summer demand outlook, though they caution that LPG/PNG shortages and rising input costs could impact production in near-term

Blue Star announced the launch of a new range of room ACs for the summer 2026, aimed at strengthening its presence in residential and commercial cooling segments

Air-conditioner and refrigerator maker Blue Star Ltd on Thursday said its consolidated profit declined 39.2 per cent year-on-year to Rs 80.55 crore in the December quarter of FY26, citing a flat growth in the room AC business. The company posted a net profit of Rs 132.46 crore in the October-December quarter a year ago, according to a regulatory filing. The board of the home-grown cooling product maker has approved the re-appointment of B Thiagarajan as Managing Director from April 1, 2026 to May 24, 2027. Revenue from operations increased by 4.2 per cent to Rs 2,925.31 crore in the December quarter of FY26. It was at Rs 2,807.36 crore in the year-ago period. "In Q3FY26, the company delivered moderate revenue growth despite market challenges. The room AC business recorded modest growth, primarily driven by channel partners building inventory ahead of the mandatory energy-label transition effective January 1, 2026," Blue Star said in its earnings statement. Total expenses were at R

The brokerage believes Blue Star's profit will grow over the medium term, supported by market share gains in room air-conditioners (RAC)

Air-conditioner and commercial refrigeration system maker Blue Star Ltd on Wednesday reported a 2.83 per cent rise in its consolidated net profit at Rs 98.78 crore for the September quarter. The company said that during the quarter, it faced headwinds like the extended monsoon period and disruption in sales channels due to the rationalisation in the GST slab for compressor-based cooling products. The company had posted a net profit of Rs 96.06 crore in the July-September quarter a year ago, according to a regulatory filing from Blue Star Ltd. Its revenue from operations increased by 9.3 per cent to Rs 2,422.37 crore in the September quarter of FY26. It was Rs 2,215.96 crore in the year-ago period. "During the quarter, the company reported modest revenue growth amidst a few headwinds. The Room ACs segment continued to experience a seasonal slowdown, influenced by an extended monsoon and lower temperatures impacting secondary sales and channel offtake," said Blue Star in its earnings

Technical charts suggest that shares of prominent consumer electronics makers - Blue Star Company, IFB Industries and Amber Enterprises can potentially rally up to 27% from here.

At 10:06 AM on Friday; the BSE Consumer Durable index was up 0.71 per cent, as compared to the 0.30 per cent rise in the BSE Sensex.

Blue Star stock has demonstrated a robust move in the last couple of trading weeks and has witnessed a 'Cup and Handle' pattern breakout on the daily chart.

The eventual tax rate on ACs is not clear but it is now at the maximum 28 per cent, so the planned cut should help dealers and manufacturers, who have struggled this year due to a cooler summer

Stocks such as Maruti Suzuki, TVS Motor, Blue Star, Johnson Controls and JK Cement can rally up to 26% as the government plans 2-tier GST reforms ahead of Diwali 2025.

The Nifty Consumer Durable Index, which tracks the performance of 15 stocks in the consumer durables sector, jumped by 3.14 per cent, reaching an intra-day high of 38,503

The early arrival of the monsoon impacted seasonal sales for Room ACs, making Q1 a more subdued start to the year.

Blue Star shares rose 3.5 per cent after the company posted Q1 results, during market hours on Wednesday