Colgate-Palmolive shares down 0.63% as Sensex falls
Colgate-Palmolive (India) Ltd. fell 0.63 per cent to Rs 2836.8 in Friday's session as of 12:52PM (IST) even as the equity benchmark Sensex traded 408.0 points lower at 77070.93.
Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 3068.95 and a 52-week low of Rs 1625.0 on NSE. Around 1794 shares changed hands on the counter till 12:52PM (IST).
The stock opened at Rs 2856.0 and has touched an intraday high and low of Rs 2870.4 and Rs 2833.4 during the session so far. The scrip quoted a price-to-earnings (PE) ratio of 58.56, earnings per share (EPS) of Rs 48.67 and price to book value (PB) of 27.81, while the return on equity (ROE) stood at Rs 70.61.
Promoter/ FII Holding
The promoters held 51.0 per cent stake in the company as of June 21, while FII and MF ownerships stood at 24.51 per cent and 3.1 per cent, respectively.
Key Financials With a market capitalisation of Rs 77514.55 crore, the company operates in the Personal Care industry. For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 1512.66 crore, up 7.01 per cent from the previous quarter?s Rs 1413.54 crore and up 10.33 per cent from the same quarter a year ago. The company reported net profit of Rs 379.82 crore for the latest quarter, up 20.11 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 50.17. The RSI oscillates between zero and 100. Traditionally, it is considered overbought
