India, July 11 -- Many investors prefer companies that have little or no debt because they are less burdened by interest costs and usually have stronger balance sheets. When such companies also have a beta of less than 1, they tend to experience smaller price swings than the broader market. While no stock is completely risk-free, this combination often appeals to long-term investors seeking stability, consistent business performance, and lower volatility in uncertain market conditions.

Hindustan Unilever (HUL) Hindustan Unilever Limited (HUL) is India's largest fast-moving consumer goods (FMCG) company and a subsidiary of Unilever. It manufactures and markets home care, beauty and personal care, foods, refreshments, and nutrition produ...