Blue Gold Limited shares rise 4.43% premarket after India's Blue Star expects room AC sales to beat previous forecast.

Blue Gold Limited rose 4.43% in premarket trading, with the company's stock price increase potentially influenced by the positive news that India's Blue Star expects its room air conditioner sales to beat the company's previous forecast this financial year, thanks to new government plans to slash consumption taxes. This tax cut is aimed at boosting consumption in the world's most populous nation as trade tensions with the U.S. grow.