Why is Hindustan Unilever Limited (HUL) considered to be a risk-free stock?

A few back I had explained the logic of holding stocks like HUL on your portfolio. Most of my defence portfolio is made of HUL. The Impact of Election Results on the Stock Market 2024 Why is Hindustan Unilever Limited (HUL) considered to be a risk-free stock? Let me explain the logic: [1] Your portfolio … Read more