Appreciate your inputs, but your points, even if executed one by one, will happen over many years, if indeed they happen. And the merits of the business have also been discussed in the thread, so it is not completely bad.
I don’t think anyone has bought ITC in the view of having a multibagger in their hands, personally it brings some kind of stability to the PF, I guess it could be the same for others too, in part due to its size, the dividend, and the longevity of the businesses as a whole, with the optionalities of demergers if and when they happen. Perhaps ITC is one stock which could be handed over to next generations. One stock, which need not be looked at regular intervals in fear or doubt, and perhaps even teaches patience.
And there obstacles that are detrimental to the verticals, that drive the price down from time to time, right from government raising taxes to a drought to change in habits.
While I do acknowledge and felt the underperformance of the stock for extended periods after I have invested, I also had the chance of experiencing the rise of the price beyond expectation, all of which could happen again, many more times even, if one were to hold it for many years, due to many reasons, as simple as fund houses selling it. Still I guess it is not that bad of an idea to have it in the PF in whatsoever proportion, personal opinion. It is possible that, in the future, one could feel the fallacy of holding it for years, choosing it over other stocks with relative strengths, which if were chosen would have rewarded more, could even happen to me.
But for now I guess it is tukra do ya pyar karo as a whole, or, like certain verticals, despise others.
Invested and I guess will remain so until a panic selling happens in the stock.
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