Share price of Colgate-Palmolive falls as Sensex drops 492.76 points

economictimes.indiatimes.com:

Colgate-Palmolive (India) Ltd. dropped 0.51 per cent to Rs 2687.4 at 01:18PM (IST) in Wednesday's trade. The counter hit a high of Rs 2710.0 and low of Rs 2662.3 so far during the session. The stock had closed at Rs 2701.2 in the previous session.
The counter had a total traded volume of 01:18PM shares so far with a turnover of Rs 0.58 crore on BSE. The stock traded at a price-to-earnings multiple of 55.69 and a price-to-book ratio of 27.81.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Colgate-Palmolive (India) Ltd. belongs to the Personal Care industry.
Promotor/FII Holding Promoters held 51.0 per cent stake in the company as of 31-Mar-2024, while foreign investors and domestic institutional investors ownership stood at 24.51 per cent and 5.81 per cent, respectively.
Key Financials The firm reported consolidated sales of Rs 1512.66 crore for the quarter ended 31-Mar-2024, up 7.01 per cent from the previous quarter's Rs 1413.54 crore and up 10.33 per cent from the year-ago quarter's Rs 1370.98 crore.
Its profit for the latest quarter stood at Rs 379.82 crore, up 20.11 per cent from the same quarter a year ago.