ITC has created huge wealth for patience investors in past. But from last few years the Speed has just been slow down.
But that dosent mean its out.Still its not out. Like in CRICKET 🏏 There are testing times for player where they loose there form.But after working out they bounce back smartly.
ITC has given almost 22.73% CAGR returns over a period of time.Which is very good if someone is looking for longterm wealth creator.
The nearest trigger is Demerger which can happen and that can give boost to the stock is medium to longterm. And from past history it is visible that company gives bonus every 5 to 6 year.so high chances of demerger or bonus in next 1 to 2 years.
Disc – All views expressed are personal and only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article