In an interview to CNBC-TV18, B Thiagarajan, ED, Blue Star, discusses on the company's plans and future outlook.
Blue Star has announced the transfer of its Professional Electronics & Industrial Systems (PE&IS) business to wholly-owned subsidiary called Blue Star Engineering & Electronics on lumpsum basis at consideration of Rs 110.5 crore. The company expects its PE&IS business, which reported a turnover of Rs 122 crore for 2013-14, to scale up once it gets independent identity.
In an interview to CNBC-TV18, B Thiagarajan, ED, Blue Star, discusses on the company's plans and future outlook.
Transcript to follow
Blue Star stock price
On March 16, 2015, at 14:10 hrs Blue Star was quoting at Rs 324.80, up Rs 0.85, or 0.26 percent. The 52-week high of the share was Rs 387.00 and the 52-week low was Rs 164.60.
The company's trailing 12-month (TTM) EPS was at Rs 9.91 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 32.77. The latest book value of the company is Rs 58.88 per share. At current value, the price-to-book value of the company is 5.52.
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