Hi bse_nse
Re.: STC
I fully endorse your views on STC. It is a value buy in the public sector.
STC also owns huge property and I believe, the book value is also good.
In case you are able to lay your hands on an Annual Report, one should try to find out, if they have any subsidiaries, etc.
750/- might be attained, probably in 2- 3 years time frame, provided disinvestment takes place.
If my memory does not fail me, I think the Videocon group was interested in acquiring a stake in this Company, when STC was put on the block.
Good pick, my friend. These type of shares act as shock absorbers in a volatile market. They might not rise very fast, but at least one's losses are minimised.
Regards
Kamalesh