Share price of Colgate-Palmolive falls as Sensex drops 122.62 points

economictimes.indiatimes.com:

Colgate-Palmolive (India) Ltd. dropped 3.63 per cent to Rs 2715.95 at 12:37PM (IST) in Wednesday's trade. The stock hit a high of Rs 2847.55 and low of Rs 2703.4 so far during the session. The stock had closed at Rs 2818.4 in the previous session.
The counter had a total traded volume of 12:37PM shares so far with a turnover of Rs 5.22 crore on BSE. The stock traded at a price-to-earnings multiple of 60.33 and a price-to-book ratio of 27.81.

A higher price-to-earnings 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 overseas investors and domestic institutional investors ownership stood at 24.51 per cent and 5.81 per cent, respectively.
Key Financials The company 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.