Colgate Financial News

Parag Milk(up 5.00%), Heritage Foods(up 3.78%), Dodla Dairy(up 2.97%), Mrs Bectors Food Specialities(up 1.38%), Bajaj Consumer(up 1.32%), Umang Dairies(up 1.20%), Godrej Consumer Products(up 1.07%), Nestle India(up 0.94%), Hatsun Agro Product Ltd(up 0.92%) and Varun Beverages(up 0.81%) stood among the top gainers. ADF Foods(down 3.26%), JHS Svendgaard Laboratories(down 2.52%), Dangee Dums(down 1.81%), P & G Hygiene(down 1.43%), Bikaji Foods International(down 0.64%), Tasty Bite Eatables(down 0.58%), Gillette India(down 0.35%), Colgate Palmolive(India)(down 0.19%), Hindustan Unilever(down 0.08%) and TATA CONSUMER PRODUCTS(down 0.08%) were among the top losers of the day.

Dangee Dums(up 4.15%), Colgate Palmolive(India)(up 1.07%), Emami(up 0.96%), Zydus Wellness(up 0.81%), Nestle India(up 0.61%), Godrej Consumer Products(up 0.43%), TATA CONSUMER PRODUCTS(up 0.40%), Tasty Bite Eatables(up 0.17%) and Vadilal Industries(up 0.05%) stood among the top gainers. Nakoda Group(down 3.22%), Parag Milk(down 3.10%), Umang Dairies(down 2.46%), Hindustan Unilever(down 2.08%), Bajaj Consumer(down 1.87%), Heritage Foods(down 1.84%), JHS Svendgaard Laboratories(down 1.70%), ADF Foods(down 1.50%), Jyothy Labs(down 1.41%) and P & G Hygiene(down 1.29%) were among the top losers of the day.

«We will see that August especially, when the rainfall was at a 100-year low, 36% deficit, that has derailed the rural recovery green shoots, which had started in Q1,» says Abneesh Roy, Executive Director, Nuvama. Let us begin with talking about the overall momentum. Do you think that there is a sense that festive sales, a pickup in rural, all of that will be witnessed across the board? The result season is definitely picking up. Yes, we do expect that in Q3 the momentum should be better. Unfortunately, in Q2 the results which will come out for HUL, Nestle and ITC today, the rural slowdown has impacted them. We will see that August especially, when the rainfall was at a 100-year low, 36% deficit, that has derailed the rural recovery green shoots, which had started in Q1.

₹8 billion. India is one of the world's fastest-growing economies and has the largest young population, and Trent plans to capitalise on this growth. The company recently launched 'Samoh', a luxury clothing brand, and opened its first store in April 2023.

Parag Milk(up 3.13%), JHS Svendgaard Laboratories(up 2.98%), Colgate Palmolive(India)(up 2.61%), Nakoda Group(up 2.43%), ADF Foods(up 2.02%), Bikaji Foods International(up 1.86%), Hindustan Unilever(up 1.58%), Adani Wilmar(up 1.56%), Heritage Foods(up 1.45%) and Zydus Wellness(up 1.00%) were among the top gainers. Sheetal Cool Products(down 2.20%), Euro India Fresh Foods(down 1.65%), Dangee Dums(down 0.52%), Hatsun Agro Product Ltd(down 0.52%), Jyothy Labs(down 0.44%), Bajaj Consumer(down 0.41%), Dodla Dairy(down 0.05%) and Dabur India(down 0.03%) were among the top losers.

Umang Dairies(up 5.49%), Bajaj Consumer(up 3.15%), Marico(up 2.50%), Jyothy Labs(up 2.26%), Hindustan Foods(up 1.80%), Vadilal Industries(up 1.07%), ADF Foods(up 0.98%), Parag Milk(up 0.86%), Bikaji Foods International(up 0.59%) and Zydus Wellness(up 0.44%) stood among the top gainers. JHS Svendgaard Laboratories(down 7.49%), Varun Beverages(down 1.84%), Dodla Dairy(down 1.76%), Sheetal Cool Products(down 1.76%), Hatsun Agro Product Ltd(down 1.36%), Colgate Palmolive(India)(down 1.35%), Adani Wilmar(down 1.19%), P & G Hygiene(down 0.92%), Britannia Industries(down 0.92%) and Nestle India(down 0.85%) were among the top losers of the day.

Parag Milk(up 6.34%), Emami(up 5.02%), Tasty Bite Eatables(up 3.87%), Mrs Bectors Food Specialities(up 2.92%), Sheetal Cool Products(up 2.45%), Umang Dairies(up 2.04%), Prataap Snacks(up 1.93%), Patanjali Foods(up 1.40%), Colgate Palmolive(India)(up 1.33%) and P & G Hygiene(up 1.32%) stood among the top gainers. Hindustan Foods(down 5.83%), Jyothy Labs(down 2.32%), Dangee Dums(down 2.01%), Bikaji Foods International(down 1.35%), Euro India Fresh Foods(down 0.90%), Gillette India(down 0.53%), Heritage Foods(down 0.50%), Adani Wilmar(down 0.41%), ADF Foods(down 0.33%) and Dodla Dairy(down 0.27%) were among the top losers of the day.

Hindustan Foods(up 3.39%), Mrs Bectors Food Specialities(up 3.19%), Nakoda Group(up 2.38%), Euro India Fresh Foods(up 2.35%), Dangee Dums(up 0.45%), Colgate Palmolive(India)(up 0.15%), Parag Milk(up 0.10%) and Varun Beverages(up 0.08%) were among the top gainers. Hatsun Agro Product Ltd(down 2.78%), Gillette India(down 1.81%), Dabur India(down 1.79%), Britannia Industries(down 1.48%), Prataap Snacks(down 1.42%), Emami(down 1.31%), Bajaj Consumer(down 1.17%), TATA CONSUMER PRODUCTS(down 1.10%), ADF Foods(down 0.99%) and Vadilal Industries(down 0.95%) were among the top losers. The NSE Nifty50 index was trading 159.85 points down at 19973.45, while the 30-share BSE Sensex was down 574.02 points at 67022.82 at around 10:24AM. Axis Bank Ltd.(up 1.41%), Mahindra & Mahindra Ltd.(up 1.21%), Coal India Ltd.(up 1.19%), Bajaj Auto Ltd.(up 1.04%), Oil And Natural Gas Corporation Ltd.(up 0.77%), Tata Motors Ltd.(up 0.71%), Sun Pharmaceutical Industries Ltd.(up 0.67%), Power Grid Corporation of India Ltd.(up 0.62%), Bajaj Finance Ltd.(up 0.58%) and NTPC Ltd.(up 0.58%) were among the top gainers in the Nifty pack. On the other hand, HDFC Bank Ltd.(down 3.78%), Apollo Hospitals Enterprise Ltd.(down 2.29%), Reliance Industries Ltd.(down 1.75%), Bharat Petroleum Corporation Ltd.(down 1.66%), Britannia Industries Ltd.(down 1.48%), UPL Ltd.(down 1.4%), Tech Mahindra Ltd.(down 1.3%), HDFC Life Insurance Company Ltd.(down 1.15%), Tata Consumer Products Ltd.(down 1.1%) and Dr.

invest in India, asserted Hindustan Unilever's former chief executive Sanjiv Mehta on Thursday. «I have not seen interest in India among global corporations as I see today, India is at an inflection point,» Mahta, who retired from the FMCG major in June said. «The world is conspiring to make India win,» Mehta, who was speaking at an event organised by Institute of Supply Chain Management, added. India missed out on the first two industrial revolutions due to colonial rule, and was very weak economically when the third industrial revolution happened, the 63-year-old business leader said, adding that the fourth industrial revolution will be a major factor contributing to India's growth and progress. Stating that HUL has a healthy operating margin, Mehta said the company commands a valuation of over USD 75 billion because the return on capital employed is in three digits. He added the company is more valuable than global companies like Colgate Palmolive and Reckitt Benckiser Group as well. When asked about how to anticipate events like the pandemic, Mehta said the Covid pandemic was not unpredictable and scientists had indeed predicted it. The board of the company's parent Unilever had discussed a zoonotic disease like Covid in its risk assessment exercises, but never thought that it will happen and hence did not develop the risk mitigation plans around it. The rising temperatures and the kind of food we are consuming make us susceptible to diseases, Mehta said. He asked supply chain professionals to create organisations which have adaptability, agility and resilience. (With PTI inputs)

ADF Foods(up 6.41%), Future Consumer(up 5.88%), Umang Dairies(up 5.51%), Colgate Palmolive(India)(up 1.57%), Dangee Dums(up 1.20%), Parag Milk(up 0.94%), Varun Beverages(up 0.92%), Dabur India(up 0.81%), Zydus Wellness(up 0.78%) and Vadilal Industries(up 0.64%) were among the top gainers. Nakoda Group(down 1.42%), Mrs Bectors Food Specialities(down 1.19%), Sheetal Cool Products(down 0.70%), Jyothy Labs(down 0.65%), Hindustan Foods(down 0.64%), Prataap Snacks(down 0.60%), Bajaj Consumer(down 0.50%), Heritage Foods(down 0.12%), Hatsun Agro Product Ltd(down 0.07%) and Adani Wilmar(down 0.04%) were among the top losers. The NSE Nifty50 index was trading 36.05 points up at 19564.85, while the 30-share BSE Sensex was up 97.29 points at 65725.43 at around 11:00AM. Apollo Hospitals Enterprise Ltd.(up 2.19%), Bharat Petroleum Corporation Ltd.(up 1.72%), LTIMindtree Ltd.(up 1.46%), Grasim Industries Ltd.(up 1.39%), Oil And Natural Gas Corporation Ltd.(up 1.14%), Titan Company Ltd.(up 1.05%), Kotak Mahindra Bank Ltd.(up 0.82%), Larsen & Toubro Ltd.(up 0.79%), Hindustan Unilever Ltd.(up 0.76%) and Coal India Ltd.(up 0.72%) were among the top gainers in the Nifty pack. On the other hand, Tata Steel Ltd.(down 1.1%), Dr.

Samir Arora, Founder & Fund Manager, Helios Capital, says “one story that has failed is that there is no limit to the valuation of a good company. I have mostly shorted all of them. Even now I am short half of them in another fund. All these 70-80 PE are growing at 10-12% for the last 10 years but they are very good quality companies. “What is looking good from a one-year perspective and what is looking good from a three-year perspective?No, one year, three years do not literally mean one year or 3 years but broadly medium, short, whatever you want to call it.

Zydus Wellness(up 3.92%), Parag Milk(up 3.56%), ADF Foods(up 3.51%), Dodla Dairy(up 3.21%), Prataap Snacks(up 2.14%), Hatsun Agro Product Ltd(up 2.10%), Bikaji Foods International(up 1.68%), Heritage Foods(up 1.58%), Mrs Bectors Food Specialities(up 0.89%) and Emami(up 0.82%) were among the top gainers. Future Consumer(down 42.86%), Tasty Bite Eatables(down 2.46%), Colgate Palmolive(India)(down 1.18%), Varun Beverages(down 1.16%), Godrej Consumer Products(down 1.01%), Umang Dairies(down 0.79%), Britannia Industries(down 0.79%), Jyothy Labs(down 0.76%), Patanjali Foods(down 0.76%) and Marico(down 0.75%) were among the top losers. The NSE Nifty50 index was trading 23.2 points up at 19289.0, while the 30-share BSE Sensex was up 48.8 points at 64935.31 at around 10:14AM. Bharat Petroleum Corporation(up 1.57%), Cipla(up 1.34%), Larsen & Toubro(up 1.28%), Mahindra & Mahindra(up 1.28%), Power Grid Corporation of India(up 1.22%), Sun Pharmaceutical Industries(up 1.09%), Maruti Suzuki(up 1.08%), Hero MotoCorp(up 1.07%), Coal India(up 0.75%) and Bajaj Auto(up 0.7%) were among the top gainers in the Nifty pack. On the other hand, HCL Technologies(down 1.12%), Britannia Industries(down 0.79%), Bharti Airtel(down 0.75%), Hindustan Unilever(down 0.65%), Bajaj Finance(down 0.63%), LTIMindtree Ltd(down 0.57%), Tata Consultancy(down 0.55%), Tech Mahindra(down 0.55%), Nestle India(down 0.45%) and Asian Paints(down 0.41%) were trading in the red.

₹5,279 crore. The Colgate brand has a significant share in India’s toothpaste segment. However, its portfolio under the Palmolive brand, offering products such as body wash and hand wash, is relatively small.

Tasty Bite Eatables(up 20.00%), Zydus Wellness(up 4.52%), Emami(up 2.16%), Dodla Dairy(up 1.58%), Dangee Dums(up 1.54%), ADF Foods(up 1.40%), Bikaji Foods International(up 1.38%), Mrs Bectors Food Specialities(up 1.30%), Parag Milk(up 0.99%) and Jyothy Labs(up 0.97%) were among the top gainers. Nakoda Group(down 4.45%), Adani Wilmar(down 3.58%), JHS Svendgaard Laboratories(down 1.94%), Hatsun Agro Product Ltd(down 1.09%), Hindustan Unilever(down 0.80%), P & G Hygiene(down 0.70%), Bajaj Consumer(down 0.34%), Patanjali Foods(down 0.32%), Umang Dairies(down 0.23%) and Colgate Palmolive(India)(down 0.19%) were among the top losers.

Prataap Snacks(up 10.01%), Dodla Dairy(up 5.65%), JHS Svendgaard Laboratories(up 3.40%), Mrs Bectors Food Specialities(up 1.98%), Marico(up 1.43%), Bikaji Foods International(up 1.29%), Heritage Foods(up 0.69%), Colgate Palmolive(India)(up 0.60%), Jyothy Labs(up 0.45%) and Dangee Dums(up 0.38%) were among the top gainers. Bajaj Consumer(down 2.18%), Dabur India(down 1.33%), Adani Wilmar(down 1.02%), Sheetal Cool Products(down 0.98%), Patanjali Foods(down 0.82%), Hindustan Unilever(down 0.69%), Nestle India(down 0.57%), Hatsun Agro Product Ltd(down 0.33%), Tasty Bite Eatables(down 0.33%) and TATA CONSUMER PRODUCTS(down 0.24%) were among the top losers.

During the week, as many as 60 smallcap stocks have delivered double digit weekly returns with seven of them offering over 25% returns.Thangamayil Jewellery was the top gainer in the smallcap pack with over 50% return, followed by MSP Steel and Power (48.95%), Foseco India (29.07%), and Indo Borax (28.8%). About six stocks including Jai Balaji, Mukand, Jagsonpal, Vesuvius India, Gallantt Ispat, Texmaco Rail have offered returns between 20-25% during the week. In the midcap segment, about 10 stocks including REC, GMR Airports, Ajanta Pharma among others have risen in double digits.

Parag Milk(up 10.61%), Dodla Dairy(up 6.18%), Umang Dairies(up 4.20%), Tasty Bite Eatables(up 3.94%), Marico(up 3.66%), Colgate Palmolive(India)(up 2.37%), Prataap Snacks(up 2.34%), Vadilal Industries(up 1.59%), Dabur India(up 1.38%) and Hatsun Agro Product Ltd(up 1.32%) stood among the top gainers. Heritage Foods(down 3.08%), Nakoda Group(down 2.33%), Zydus Wellness(down 1.34%), Euro India Fresh Foods(down 0.43%), Hindustan Foods(down 0.21%), Sheetal Cool Products(down 0.21%) and Adani Wilmar(down 0.20%) were among the top losers of the day.

₹2009.90 per share. Performance outshone expectations, with both revenue and margins surpassing forecasts. The company’s gross margin reached a multi-quarter high of 68.4% in Q1, reflecting a year-on-year expansion of 211 basis points (bps).

Nestle India is set to report its earnings for the April-June quarter of 2023 on Thursday. The FMCG major is expected to show decent earnings growth with improvement in margins during the quarter. The demand momentum for consumer companies improved in the April-June quarter with the urban market leading the charge and rural showing signs of recovery too.

₹273.7 crore which was 31% higher than ₹209.7 crore reported during the corresponding quarter in the last fiscal year. Colgate's sales grew 10.8% to ₹1314.7 crore during the quarter ending June 2023. The revenue of Colgate rose from ₹1,208.3 crore in Q1FY23 to ₹1,338.6 crore during the quarter ending June 2023.

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