Colgate-Palmolive Shares Up 0.52% as Nifty Gains

Colgate-Palmolive Shares Up 0.52% as Nifty Gains

Shares of Colgate-Palmolive (India) Ltd. rose 0.52% to Rs 2115.0 in Monday’s trade. The stock hit an intraday high and low of Rs 2117.55 and Rs 2087.1, respectively. It quoted a 52-week high price of Rs 2138.1 and low of Rs 1434.6. As of 01:29PM (IST), the counter saw total traded volume of 3,708 shares with a traded value of Rs 0.79 crore, according to NSE. The stock had closed at Rs 2104.05 in the previous session. The scrip has advanced 6.16% in the past one month till date, while the benchmark BSE Sensex has slipped -3.64% during the same period. According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 48.99 while the price-to-book ratio stood at 23.88. The stock belongs to the Personal Care industry. Promoters held 0.0% stake in the company as of 30-Sep-2023, while FII and MF ownership in the firm stood at 24.08% and 2.36%, respectively. The company reported consolidated sales of Rs 1492.1 crore for the quarter ended 30-Sep-2023, up 11.46% from the previous quarter’s Rs 1338.64 crore and up 6.67% from the year-ago quarter’s Rs 1398.76 crore. Its net profit for the latest quarter stood at Rs 340.05 crore, up 22.31% from the same quarter a year ago.

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