Promoter Bought Shares Worth Rs 1,44,65,166 of this Financial & Investment Company; Earlier this same Promoter Purchased shares of Rs 3.51 Crore in May 2024

The shares of the company have delivered a return of around 205 per cent to its shareholders in just 1 year.

The promoters of this Small-Cap, Core Investment Company that invests in a diversified portfolio of quoted and unquoted securities of RPG and RPSG group companies. The company is a part of the RPG and RPSG group. It was incorporated in 1990.

Promoter Group Secura India Trust purchased 35,983 shares worth Rs 1.44 crore. Also, in May, the same promoter group purchased around 94,017 shares worth Rs 3.51 crore.

At the start of Friday’s trading session, the stock of STEL Holding Ltd opened at Rs 45.15 per share, compared to the previous day's closing figure of Rs 430 per share on the BSE. The stock has reached its 52-week high, reflecting strong demand in the market with heavy buying activity. Finally, the stock closed the day at Rs 433.80 per share on the BSE. The company's current market capitalization stands at Rs 800.60 crore, and the stock has generated a multibagger return of around 205 per cent in the past 1 year.

As per Quarterly Results in Q4 FY24, the company reported a quarterly revenue from operation of Rs 13.48 crore compared to a revenue of Rs 13.19 crore, representing a growth of 2.20 per cent on a YoY basis. The company posted a net profit of Rs 9.96 crore in Q4 FY24 compared to a net profit of Rs 9.66 crore.

Turning attention to the annual performance of the company, it reported a revenue of Rs 18 crore, compared to Rs 17 crore in FY23 representing a growth of 7.58 per cent YoY. Moreover, the company’s net profit stood at Rs 13 crore in FY24 compared to a profit of Rs 12 crore.

Investors must keep this small-cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.