Colgate-Palmolive Financial News

Colgate-Palmolive (India) Ltd. slipped 1.49 per cent to Rs 2297.05 in Thursday's trade as of 02:00PM (IST). The stock hit a high price of Rs 2333.0 and low of Rs 2295.4 during the session.

Colgate-Palmolive (India) Ltd. gained 0.19 per cent to Rs 2281.35 in Monday's session as of 12:02PM (IST) even as the equity benchmark Sensex traded 967.67 points higher at 68448.86. Earlier in the day, the stock witnessed a gap up start to the session.

Colgate-Palmolive (India) Ltd. traded 0.37 per cent down at Rs 2169.95 at 12:27PM (IST) on Wednesday, even as BSE benchmark Sensex dropped 261.34 points to 65669.43. The stock had settled at Rs 2177.95 in the previous session.

State Goods and Service Tax Officer, Chennai, conducted a search at its warehouse in the southern city on November 16-17, and a penalty of Rs 1 lakh was imposed for «minor non-compliance». In a regulatory filing, the company said the initiation of search was pursuant to the provisions of Section 67 of the Tamil Nadu Goods and Services Tax Act, 2017.

Geojit Financial Services Dr Vijayakumar, who though feels that IT, mid caps will outperform large caps. Also Read- Mauritius-based FII buys stake in this multibagger energy stock Ambreesh Baliga, Independent market expert said that the momentum in the mid and small caps is keeping investors interested in the space. However the valuations are stretched now.

Colgate-Palmolive (India) Ltd. traded at Rs 2134.3 on BSE at 10:40AM (IST) on Tuesday, up 0.87 per cent. The stock quoted a 52-week low price of Rs 1434.6 and a high of Rs 2142.0.

Day trading guide for stock market today: On account of strong global cues, Indian stock market extended its rally for third straight session on Monday. Nifty 50 index advanced 181 points and closed at 19,411 levels, BSE Sensex shot up 594 points and ended at 64,958 mark whereas Bank Nifty index finished 301 points up at 43,619 levels.

Colgate-Palmolive (India) Ltd. rose 0.52 per cent to Rs 2115.0 in Monday's trade. It hit an intraday high of Rs 2117.55 and low of Rs 2087.1, respectively, during the day.

L&T on Friday said it will sell its 100 per cent stake in subsidiary L&T Infrastructure Engineering Ltd (LTIEL) to a French entity.This transaction aligns with the company's commitment to focus on its core businesses and assets."L&T...has announced the divestment of its 100 per cent stake in L&T Infrastructure Engineering Ltd ," the company said in a statement.LTIEL is a provider of standalone engineering consultancy services for the infrastructure sector.The stake will be acquired by STUP Consultants Pvt Ltd, a subsidiary of Assystem SA of France.The transaction, which is subject to meeting certain conditions, is likely to be completed before January 15, next year. (PTI)PB Fintech, the parent company of Policybazaar, disclosed its financial performance for the second quarter of fiscal year 2023-24 (Q2FY24) on November 4.

Dividend stocks 2023: Shares of Colgate-Palmolive (India) Ltd, IRB Infrastructure Developers Ltd, MPS Ltd, and Shriram Finance Ltd will be in focus when the stock market opens today. The board of directors of these companies have declared dividend for its eligible shareholders. Colgate-Palmolive (India) has declared an interim dividend of Rs 22 per share (2200%), IRB Infrastructure Developers board has declared a Rs 0.10 per share (10%) interim dividend, MPS Ltd has declared a ₹30 per share (300%) interim dividend, and Shriram Finance has announced a Rs 20 per share (200%) interim dividend.

Indian market has outperformed the rest of Asia Pacific including China for some of the biggest global consumer goods companies in the past quarter, according to their post-earnings management commentaries. Several of these companies, including Mondelez International, PepsiCo, Coca-Cola, Pernod Ricard, Colgate-Palmolive, Unilever, Levis Strauss & Co, Yum! Brands, Honeywell International and AO Smith, reported strong growth going up to double digits in their India businesses in the July-September quarter.

Dividend Stocks: Shares of several companies will trade ex-dividend in the coming week including Dabur India, Indian Oil Corp (IOC), Petronet LNG, RITES, Indian Railway Finance Corp (IRFC), among others will trade ex-dividend in the coming week, starting from Monday, November 6. The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward.

(Reuters) — Church & Dwight (NYSE:CHD) lifted its annual net sales forecast for a third time this year on Friday, boosted by high prices as well as strong demand for its household and personal care products.

Colgate-Palmolive (India) Ltd. traded 0.97 per cent higher in Tuesday's session at 10:30AM (IST). The stock opened at Rs 2031.05 and has touched an intraday high and low of Rs 2093.4 and Rs 2031.05, respectively, during the session so far.

Colgate-Palmolive (India) Ltd. dropped 0.45 per cent to Rs 2070.35 at 12:48PM (IST) in Monday's trade. The stock hit a high of Rs 2090.65 and low of Rs 2038.0 so far during the session.

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Investing.com — Amazon shines with its third-quarter earnings, helping push Wall Street into a positive close to the week. The Fed's favorite gauge is due later in the session, while crude prices gain on elevated Middle East tensions. Next week's Bank of Japan meeting also looms large. 

Investing.com — U.S. stock futures rose Friday, ending a difficult week on a positive note, helped by healthy earnings from both Amazon and Intel.

Colgate-Palmolive India, and HSBC recommended a buy on Shriram Finance and Asian Paints. Meanwhile, UBS recommended a buy on ACC. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on Colgate Palmolive India: Buy| Target Rs 2320 Jefferies maintained a buy rating on Colgate Palmolive India and raised the target to Rs 2320 from Rs 2180 earlier. The company reported flat volume growth, but pricing power led to earning growth.

Canara Bank: Canara Bank reported a growth of 43 per cent in net profit to ₹3,606 crore, compared to ₹2,525 crore in the corresponding period last year. The public sector lender's net interest income (NIIs) – the difference between interest earned and interest expended- in the second quarter of the current fiscal rose 19.8 per cent to ₹8,903 crore, compared to ₹7,433.8 crore in the year-ago period. Shriram Finance: The NBFC on Thursday reported a 19.7% yoy increase in AUM to ₹2.03 trillion.

Body Various widely tracked companies like Axis Bank, Tech Mahindra, Asian Paints, Punjab National Bank, Reliance Industries, Maruti Suzuki, Bajaj Finserv and NTPC would be releasing their September quarter report cards this week.