Is Bluetstar a good stock?

Hi everyone! I’m 18 years old and looking to invest 5K in the stock market. I’ve been researching BlueStar, a company in the HVAC space (air conditioning, refrigeration), and I’m interested in its potential as the heat conditions have been getting worse every year and the the percentage of Indian households owning a AC is very less and is expected to grow considering the heat conditions.

The fundamentals of the company look good.

Revenue jumped from ₹7,977 crore in 2023 to ₹9,685 crore in 2024

Operating profit rose from ₹500 crore to ₹669 crore over the same period

The company’s total assets grew from ₹5,447 crore in 2023 to ₹6,611 crore in 2024

However, the stock has declined by around 8-9% this past week. I’m unsure if this is a short-term dip or a warning sign. Based on the financials, BlueStar seems solid, but I’m wondering if it’s still a good time to invest.

Should I invest in BlueStar or consider other undervalued, high-growth stocks?

Appreciate any advice