Blue Star Management Meet Takeaways - Lockdown Affected Demand; Positioning As Mass-Premium Brand: Nirmal Bang

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Blue Star Management Meet Takeaways - Lockdown Affected Demand; Positioning As Mass-Premium Brand: Nirmal Bang

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

We hosted the management of Blue Star Ltd. in our Annual Conference 2021 to understand the business performance amid fresh lockdown-like situation and to get an update on the future outlook of the company.

The key takeaways from the meeting are as follows –

  • The sustenance of the growth momentum has been challenged by the second Covid-19 wave . Restrictions similar to lockdown of varying degree in different parts of the country since mid April 2021 have affected the planned growth in Q1 FY22. Some of the state governments are now lifting the restrictions slowly. The company is trying to maximize revenue where the market is open.
  • The company launched 70 new stock keeping units in February 2021.

Click on the attachment to read the full report:

Nirmal Bang Blue Star - Management Meet Update - 5 June 2021.pdf

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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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