BluSmart Share Price 2024, 2025, 2026, 2027 upto 2030
BluSmart Mobility Pvt Ltd, an innovative leader in India’s electric vehicle (EV) ride-hailing market, has rapidly gained attention among investors. With its mission to offer sustainable, zero-emission rides, BluSmart is setting new standards for transportation. The rising BluSmart share price reflects its increasing demand and strong growth prospects. This article explores BluSmart’s financial journey, market position, and why it is an attractive investment opportunity for those eyeing the EV sector.
Understanding BluSmart and Its Vision
BluSmart Mobility was established in January 2019 and is headquartered in Gurugram, Haryana. It operates on an asset-light business model, leasing electric vehicles from partners like EESL (Energy Efficiency Services Limited). Unlike traditional ride-hailing platforms, BluSmart focuses solely on EVs, offering a zero-emission mobility solution. The company’s USP includes a zero cancellation policy, no surge pricing, and sanitized cars, ensuring a seamless customer experience.
Financial Growth and BluSmart Share Price Trends
BluSmart’s financial growth has been impressive over the past few years. In FY22, the company posted a revenue of ₹29 crore, up from ₹9 crore in FY21. Despite operating in a challenging market, BluSmart’s revenue trajectory showcases its potential to thrive. The share price has mirrored this growth, climbing significantly in recent years.
In November 2021, the share price was around ₹700. By January 2022, it surged to ₹2,725 and reached ₹4,844 in November 2022. However, the price stabilized around ₹3,000 in early 2023. As of now, the share price stands at ₹2,500, indicating a steady investment opportunity.
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BluSmart Share Price Table
| Date | Share Price (₹) |
|---|---|
| November 2021 | 700 |
| January 2022 | 2,725 |
| November 2022 | 4,844 |
| January 2023 | 3,000 |
| Current (2024) | 2,500 |
What Drives BluSmart Share Price Growth?
Several factors contribute to the steady growth of the share price. First, the growing adoption of EVs in India aligns with the government’s push for cleaner energy. BluSmart has positioned itself as a pioneer in this space, attracting significant investment and customer interest.
The company has raised over $75 million and plans to secure an additional $250 million in funding. These investments are aimed at expanding its fleet, building charging infrastructure, and enhancing operational efficiency. Such strategic moves have strengthened investor confidence, further driving the share price.
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Market Opportunities and Competitive Edge
The ride-hailing market in India is projected to grow from $20 billion to $90 billion by 2030. BluSmart is well-positioned to capitalize on this growth, thanks to its first-mover advantage in the EV segment. Unlike competitors like Ola and Uber, BluSmart operates a fully electric fleet, reducing operational costs and carbon emissions.
Moreover, BluSmart’s focus on safety and cleanliness sets it apart. Features like sanitized cars, temperature monitoring, and contactless rides resonate with health-conscious customers. This customer-centric approach has contributed to its growing popularity, indirectly boosting the share price.
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BluSmart Share Price 2024 (Monthly)
| Month | Min Price (₹) | Max Price (₹) | Avg Price (₹) |
|---|---|---|---|
| January | 2,800 | 2,850 | 2,825 |
| February | 2,825 | 2,900 | 2,860 |
| March | 2,860 | 2,950 | 2,905 |
| April | 2,900 | 2,975 | 2,938 |
| May | 2,950 | 3,000 | 2,975 |
| June | 2,950 | 3,050 | 3,000 |
| July | 3,000 | 3,100 | 3,050 |
| August | 3,050 | 3,200 | 3,125 |
| September | 3,100 | 3,250 | 3,175 |
| October | 3,200 | 3,300 | 3,250 |
| November | 3,250 | 3,400 | 3,325 |
| December | 3,300 | 3,500 | 3,400 |
Investment Potential and Future Outlook
Investing in BluSmart’s unlisted shares offers a promising opportunity. The company’s co-founders have expressed confidence in achieving profitability by the end of 2023. BluSmart also aims to increase its fleet utilization rate to 35% by March 2024, a move that could significantly enhance its revenue.
With more than 2.4 million app downloads and a loyal customer base, BluSmart has established itself as a reliable service provider. As the EV ecosystem matures, the share price is expected to climb further, providing substantial returns to early investors.
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Revenue and Profit Trends
| Year | Revenue (₹ Cr) | Profit/Loss (₹ Cr) |
|---|---|---|
| 2020 | 3.76 | -16.72 |
| 2021 | 8.93 | -39.46 |
| 2022 | 3.78 | -100.36 |
| 2023 | 57.27 | -215.93 |
Despite posting losses, BluSmart’s consistent revenue growth and strategic funding efforts highlight its potential for long-term profitability.
Why Investors Should Watch BluSmart Share Price
BluSmart is not just an EV company; it is a sustainability-driven mobility platform. Its focus on reducing carbon emissions aligns with global climate goals, making it an attractive choice for ESG-conscious investors. With continued investment in EV technology and infrastructure, BluSmart is poised for exponential growth.
The share price serves as an indicator of the company’s market valuation and growth trajectory. Investors seeking to diversify their portfolio with high-growth, sustainable businesses should consider BluSmart as a viable option.
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BluSmart Share Price 2025 (Quarter-wise)
| Quarter | Min Price (₹) | Max Price (₹) | Avg Price (₹) |
|---|---|---|---|
| Q1 | 2,700 | 2,850 | 2,775 |
| Q2 | 2,800 | 3,000 | 2,900 |
| Q3 | 2,900 | 3,100 | 3,000 |
| Q4 | 3,000 | 3,200 | 3,100 |
BluSmart Share Price 2026 (Quarter-wise)
| Quarter | Min Price (₹) | Max Price (₹) | Avg Price (₹) |
|---|---|---|---|
| Q1 | 3,100 | 3,300 | 3,200 |
| Q2 | 3,200 | 3,500 | 3,350 |
| Q3 | 3,400 | 3,700 | 3,550 |
| Q4 | 3,500 | 3,900 | 3,700 |
BluSmart Share Price 2027 (Quarter-wise)
| Quarter | Min Price (₹) | Max Price (₹) | Avg Price (₹) |
|---|---|---|---|
| Q1 | 3,600 | 4,000 | 3,800 |
| Q2 | 3,800 | 4,200 | 4,000 |
| Q3 | 4,000 | 4,400 | 4,200 |
| Q4 | 4,100 | 4,600 | 4,350 |
BluSmart Share Price 2028 (Quarter-wise)
| Quarter | Min Price (₹) | Max Price (₹) | Avg Price (₹) |
|---|---|---|---|
| Q1 | 4,400 | 4,800 | 4,600 |
| Q2 | 4,600 | 5,000 | 4,800 |
| Q3 | 4,800 | 5,200 | 5,000 |
| Q4 | 5,000 | 5,500 | 5,250 |
BluSmart Share Price 2029 (Quarter-wise)
| Quarter | Min Price (₹) | Max Price (₹) | Avg Price (₹) |
|---|---|---|---|
| Q1 | 5,300 | 5,700 | 5,500 |
| Q2 | 5,500 | 6,000 | 5,750 |
| Q3 | 5,800 | 6,300 | 6,050 |
| Q4 | 6,100 | 6,600 | 6,350 |
BluSmart Share Price 2030 (Quarter-wise)
| Quarter | Min Price (₹) | Max Price (₹) | Avg Price (₹) |
|---|---|---|---|
| Q1 | 6,500 | 7,000 | 6,750 |
| Q2 | 6,800 | 7,300 | 7,050 |
| Q3 | 7,200 | 7,700 | 7,450 |
| Q4 | 7,500 | 8,000 | 7,750 |
Conclusion
BluSmart Mobility represents a transformative force in India’s ride-hailing and EV markets. Its innovative business model, strong market positioning, and commitment to sustainability make it a compelling investment. As the EV industry continues to grow, the BluSmart share price is likely to rise, offering significant returns to investors.
For those looking to invest in the future of transportation, BluSmart shares present a golden opportunity. Keep an eye on the company’s developments and market trends, as they will play a crucial role in shaping the future of mobility.