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Blue Star surges after block deal 13-Jul-2012
The block deal constituted 2.77% of the company's equity.

Meanwhile, the BSE Sensex was down 17.87 points or 0.1% to 17,214.638.

On BSE, 33.10 lakh shares were traded in the counter as against average daily volume of 45,000 shares in the past two weeks.

The stock hit a high of Rs 193.70 and a low of Rs 183.50 so far during the day.

Blue Star reported a net loss of Rs 45.37 crore in Q4 March 2012, compared with net profit of Rs 56.85 crore in Q4 March 2011. Net sales declined 10.6% to Rs 804.38 crore in Q4 March 2012 over Q4 March 2011.

Blue Star's major products includes packaged air-conditioning, industrial packaged chillers, shell and tube condensers and coolers, air handling units, finned condensers and evaporators.

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