The reason i don’t mind paying a premium for a company like hul is i don’t need to get so granular. If i were buying a bajaj consumer i would need to… with hul i dont. They are a behemoth… they have processes set up to handle issues that have been tested by time. Unless there is a major issue regards promoters or degrowth i honestly don’t care . The company has been performing well and the stock price has been languishing and its almost fairly valued now at nearly covid valuation with a nice bonus of a 2 percent dividend yield. It just seems like a very safe low risk method of getting returns in the low teens for the foreseeable and is exactly what im looking for currently in a very hotly evalauated mid and small cap market.
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