Yes, Philips India is a safe stock to invest in because the company is rapidly expanding in terms of sales and profit. The company has performed well in the past, and its sales and net profit are increasing year after year. The company’s total revenue for F21 was Rs 5639 crore, which was 7.34 percent higher than the total revenue for F20, which was Rs 5253 crore. The company increased its net profit by 70.13 percent to Rs 245 crore in F21 from Rs 144 crore in F20. As a result, given the company’s growth, trading in Philips India is completely risk-free..
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