Colgate-Palmolive (India) Ltd., incorporated in the year 1937, is a Large Cap company (having a market cap of Rs 42922.05 Crore) operating in FMCG sector.
Financials
For the quarter ended 31-12-2020, the company reported a Standalone Total Income of Rs 1241.81 Crore, down -3.96 % from last quarter Total Income of Rs 1293.05 Crore and up 7.71 % from last year same quarter Total Income of Rs 1152.97 Crore. Company reported net profit after tax of Rs 248.36 Crore in latest quarter.
Investment Rationale
The recent decline found support near its six-month support levels. Swift recovery thereafter could mean that stock is in a mature stage and positive follow-up action could resume prevailing the uptrend.
Promoter/FII Holdings
Promoters held 51 per cent stake in the company as of June 30, 2020, while FIIs held 15.3 per cent, DIIs 11.5 per cent and public and others 22.2 per cent.
