Colgate-Palmolive stock price down 0.76 per cent as Sensex slides
Colgate-Palmolive (India) Ltd. fell 0.76 per cent to Rs 2479.6 at 12:20PM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap down start to the session.
As per data available on BSE, total traded quantity on the counter stood at 3,013 shares with a turnover of Rs 0.76 crore till 12:20PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 55.63, while the price-to-book value ratio stood at 23.88.
Return on equity (ROE) was at 60.84 per cent, according to exchange data.
The stock hit an intraday high of Rs 2505.45 and a low of Rs 2454.5 during the session and quoted a 52-week high price of Rs 2546.45 and a 52-week low of Rs 1434.6.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.52.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 1942.26 on January 17, while the 50-DMA was at Rs 2327.13.
If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 57.75. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
