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Blue Star up 5% on winning over Rs 500 crore orders

The company said it has won MEP orders of over Rs 500 crore in India.

Brokers trade at their computer terminals at a stock brokerage firm in Mumbai. Photo: Reuters
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Brokers trade at their computer terminals at a stock brokerage firm in Mumbai. Photo: Reuters

SI Reporter Mumbai
Blue Star was up 5% to Rs 751 on BSE in an otherwise range-bound market after the company announced that it has won mechanical, electrical and plumbing (MEP) orders of over Rs 500 crore in India.

Blue Star booked Rs 160 crore MEP order from My Home Group in Hyderabad, towards the upcoming My Home Divija, a platinum-rated green building project in Hitec City, the IT hub of Hyderabad, the company said in a press release.

Oasis Realty gave a MEP order for Rs 157 crore towards a mixed-use project in Mumbai, while Sands Infrabuild, Kochi awarded Rs