Today news
About the same in other media
Colgate needs a brush with growth
Reading now: 521
leadership change, said analysts. Plus, margins have been robust, driven by pricing and softening input costs.
In Q1, gross margin stood at a multi-quarter high at 68.4%. To that extent now, valuations are higher.
The stock trades at almost 40 times FY25 estimated earnings, show Bloomberg data. “While we see a more vibrant Colgate post Ms.
Prabha Narasimhan taking over as MD and CEO (since 1 Sep 2022), we believe its faith hinges on category growth and execution given it is predominantly a single-category company with significant market share," wrote Mihir P. Shah of Nomura Financial Advisory and Securities (India) in a report on 23 August.
Read more on livemint.comAbout this in other media
Roadshow, influencer, media trips: How Maldives aims to deal with 'current decline in Indian tourists' livemint.com /3 weeks ago
17 Indians among 25 crew on ship seized by Iran; India in touch with Iran to secure release of Indians economictimes.indiatimes.com /3 weeks ago
Who is Noob? PM Modi takes a dig at opposition during conversation with gamers economictimes.indiatimes.com /3 weeks ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
