Colgate-Palmolive shares up 0.19% as Sensex rises

economictimes.indiatimes.com:

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.

The stock quoted a 52-week high price of Rs 2309.95 and a 52-week low of Rs 1434.6 on NSE. Around 5064 shares changed hands on the counter till 12:02PM (IST).
The stock opened at Rs 2290.0 and has touched an intraday high and low of Rs 2309.95 and Rs 2271.0 during the session so far.

The counter quoted a price-to-earnings (PE) ratio of 52.91, earnings per share (EPS) of Rs 43.13 and price to book value (PB) of 23.88, while the return on equity (ROE) stood at Rs 60.84.
Promoter/ FII Holding
The promoters held 51.0 per cent stake in the company as of December 04, while FII and MF ownerships stood at 24.08 per cent and 2.36 per cent, respectively.
Key Financials With a market capitalisation of Rs 62072.56 crore, the company operates in the Personal Care industry.

For the quarter ended 30-Sep-2023, the company reported consolidated sales of Rs 1492.1 crore, up 11.46 per cent from the previous quarter?s Rs 1338.64 crore and up 6.67 per cent from the same quarter a year ago. The company reported net profit of Rs 340.05 crore for the latest quarter, up 22.31 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 71.73.

The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition 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,