Blue Star Limited
Canara Robeco Mutual Fund acquired 21,55,487 shares, representing a 1.05% stake in Blue Star Limited. This new position is valued at ₹36.35 Cr based on the share price of ₹1686.90.
A manufacturer of air purifiers, air coolers, water purifiers, and cold storage equipment serving Indian households and commercial enterprises. Blue Star provides comprehensive turnkey MEP solutions encompassing mechanical, electrical, plumbing, and fire-fighting systems for large-scale commercial projects across various sectors. The company operates India's largest after-sales service network dedicated to air conditioning and commercial refrigeration products, ensuring widespread customer support and maintenance capabilities.
Joint venture between Canara Bank and Robeco of Netherlands. Manages over Rs 1.5 lakh crore. Canara Robeco Equity Hybrid Fund and Canara Robeco Emerging Equities are among its best-regarded offerings with long consistent track records. Backed by the Canara Bank network for distribution across Tier 2 and Tier 3 India.