Blue Star Ltd. Remains Strong in AC Industry Despite Recent Stock Dip

Blue Star Ltd., a leading player in the air conditioning industry, has recently seen a dip in its stock price. On October 7, 2024, the company's stock lost -3.13%, underperforming the sector by -2.15%. However, despite this recent decline, experts at MarketsMOJO have given a 'Buy' call for the stock.

In the past two days, Blue Star Ltd. has been on a downward trend, with a fall of -6.73% in its returns. The stock also touched an intraday low of Rs 1994.05, a decrease of -3.22%. Despite this, the stock's moving averages are still higher than the 20-day, 50-day, 100-day, and 200-day moving averages, although it is lower than the 5-day moving average.

In comparison to the Sensex, Blue Star Ltd.'s performance in the past day and month has been -3.85% and 14.72%, respectively. This is in contrast to the Sensex's performance of 0.15% and 0.77% in the same time periods.

Blue Star Ltd. is a largecap company in the air conditioning industry, known for its high-quality products and services. Despite the recent dip in its stock price, the company remains a strong player in the market. With a 'Buy' call from MarketsMOJO, investors can have confidence in the company's potential for growth and success in the future.