Blue Star's Stock Sees Decline, But Remains Strong in Air Conditioning Industry

Blue Star Ltd., a leading player in the air conditioning industry, has recently seen a dip in its stock price. On October 23, 2024, the company's stock lost -3.46%, underperforming the sector by -3.42%. However, despite this recent decline, MarketsMOJO has given a 'Buy' call for Blue Star's stock.

In the past three days, Blue Star's stock has been on a downward trend, falling by -7.67%. On October 23, the stock touched an intraday low of Rs 1856.95, a decrease of -3.88%. Despite this, the stock's moving averages are still higher than the 100-day and 200-day averages, but lower than the 5-day, 20-day, and 50-day averages.

Compared to the Sensex performance, Blue Star's stock has underperformed in the past day and month, with -3.03% and -6.87% returns respectively. However, the Sensex has also seen a decline of -5.08% in the past month.

Despite the recent dip in stock price, Blue Star remains a strong player in the air conditioning industry. With its 'Buy' call from MarketsMOJO, investors can have confidence in the company's future performance. Blue Star continues to provide quality products and services, making it a top choice for consumers in the largecap industry.