The Company is the part of RPG enterprise one of the largest business conglomerates in India. It currently hold the investments in RPG group Companies.
RPG Enterprises have few listed companies on exchanges which belong to different sectors. Some notable names are CEAT, Zensar and First Source.
Stock Performance
Above is long term price performance chart of the Company. It got listed in year 2011 at 15 INR price and has given 3 times return as of now. The stock has not given dividend consistently which is weird.
Normally holding companies provide decent dividend but this one as of this writing is exception. But it has performed decently for investors.
My Opinion
RPG Group has exposure to different business. Most of them are listed on exchanges. STEL limited by nature belongs to holding company of this Group.
Holding Companies normally trade at discount but offer good dividend but this Company has not given any dividend which is negative in my opinion.
There are many holding companies listed on exchanges. I would rather suggest to compare them and invest in one which suits your investment criteria.
I would not invest in Stel holding as there are better alternatives available in market.