Motilal Oswal initiated coverage on Blue Star with a Neutral rating, expecting up to 10% upside with a ₹1,950 target price. The brokerage highlighted Blue Star’s steady market share gains in room air conditioners—from 7% in FY14 to 14% in FY25—and its aim for 15% by FY27.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs