Blue Star Shares Surge 5% on New 2026 AC Range Launch

tar's shares climbed up to 5% intraday on Wednesday, touching a high of Rs 1,984 on the NSE, following the company's announcement of a new comprehensive range of room air conditioners for the Summer 2026 season. The launch features 125 energy-efficient models, including premium options with advanced features like smart WiFi connectivity, aimed at bolstering Blue Star's footprint in residential and commercial cooling segments amid evolving BEE standards and rising demand. The stock gained nearly 6% over two sessions before settling higher. Analysts like JM Financial note that AC brands, including Blue Star, are likely to pass on elevated input costs through gradual price increases. This move comes as the company expands capacity to 1.8 million units to capture India's growing cooling market.