Can you eloborate more on this or share the news where did you pick this up from . I understand the NTPC project includes the module as well and for this they need not have to source in india as ALMM Is in effect from April and prices are only dropping in internatinal market.

As ITC is one of the major Donors to various political parties since past many years, there could be a possibility that, there could be lenient cigarette taxes going forward. This factor could be also important for further re-rating of ITC.

Both ways, it is good for ITC, since its cigarette revenues are declining, so even if tax is increased the impact could be less going forward and if tax is not increased then also it is good.

Information of all ITC donations used to be available on https://myneta.info/ website.
So it is possible to find the data.

I sold ITC few years back, but looking for the possibility to re-invest, after considering some of the recent positive developments. Current P/E of 25 is above my comfort zone so it is on watchlist.

open costing , no pricing power, thin margins and intense competition very tough sector

@cometolearn I will provide full update my portfolio after the end of result season by May end. The current portfolio is:

Portfolio concentration is increased as I am finding less opportunities in the market:

Disclaimer: I am not a financial advisor and nor a SEBI registered Analyst. The content shared here is only for learning purpose. All the names mentioned here are for example purpose. I may buy more, exit or partly sell the stock/bonds without any prior intimation. Also note that I recently joined a investment advisory firm. My portfolio is not a recommendation for anyone. Some of these stocks might be in clients portfolio as well so please be aware of vested interest.