Whalesbook
Motilal Oswal Financial Services has initiated coverage on Blue Star Ltd., assigning a 'neutral' rating and a price target of ₹1,950, suggesting an 8.9% potential upside. The brokerage set a 'bull case' target of ₹2,240, implying a 25% gain. Key growth drivers include steady market share gains in the air conditioner segment, a focus on high-value business areas like data centers, and projected revenue growth driven by demand recovery.