When I first invested in ITC, I was just testing the waters of equity investing. Over time, I realized that ITC is a rather polarizing stock. On one side, there are the die-hard fans who swear by it, and on the other, there are the critics who never miss a chance to poke fun at it. And, to be honest, some of those jokes are pretty clever. Don’t believe me? Just Google ‘ITC meme’ and get ready for a good laugh.
In the early years, my investments in ITC were quite small. It wasn’t until the stock began performing well that I significantly increased my investment. Looking back, I realize I should have done the opposite!
The dividends remain strong, though they’ve dipped slightly compared to the initial years. Currently, I’m outperforming the Nifty 50’s XIRR by just 1%.
ITC’s announcement of demerging its hotels business hasn’t had any noticeable impact yet, either positive or negative. We’ll have to wait and see what happens when the demerger actually takes place.
Investment through the years
Returns
Profit
XIRR
