Yes, in fact, Hindustan Unilever is up by 5.5% in the last one year. This is despite the fact that the Nifty and even the FMCG index has been in the negative. Shares of Hindustan Unilever Ltd were up by 5.5% so far this year compared with a 20.5% fall in the FMCG Index and a 36% fall in the Nifty 50. Brokers have commented that stocking goods for future use owing to Covid-19 outbreak-led uncertainty and cost cutting measures would most likely aid HUL’s earnings. HUL has also been a key beneficiary of rural demand recovery in the last couple of months. Volume growth is likely to sustain on the back of its market leadership, strong distribution network and us of extensive data mining and artificial intelligence. A total of 21 out of the 30 analysts had “Buy” recommendation on Hindustan Unilever with only 5 having a Sell rating. It remains the most defensive and de-risked plays in the Nifty.