Colgate-Palmolive shares fall 0.11 per cent in Thursday's trading session
Colgate-Palmolive (India) Ltd. fell 0.11 per cent to Rs 1938.2 in Thursday's trade as of 02:05PM (IST) even as the benchmark Nifty ruled at 19294.8, down 52.65 points.
The scrip had closed at Rs 1940.4 in the previous session.
The stock quoted a 52-week low of Rs 1434.6 and a high of Rs 2061.55. The company quoted a market-cap of Rs 52754.33 crore on the BSE.
On BSE, 56,796 shares have changed hands on the counter so far.
At its prevailing price, the stock traded at 47.48 times its trailing 12-month EPS of Rs 40.85 per share and 23.88 times its book value. The return on equity (ROE) stood at Rs 60.84.
Key Financials For the quarter ended 30-Jun-2023, Colgate-Palmolive (India) Ltd.
reported consolidated sales of Rs 1338.64 crore, down 10.78 per cent from the same quarter a year ago. The company reported 30.53 per cent YoY growth in net profit at Rs 273.68 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Thursday.
The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.
