Colgate-Palmolive share price: Colgate-Palmolive shares down 0.3% as Nifty falls

Shares of (India) Ltd. rose 0.3 per cent to Rs 1799.45 in Tuesday’s trade. It hit an intraday high of Rs 1813.8 and low of Rs 1797.0, respectively, during the day.

The stock quoted a 52-week high price of Rs 1823.0 and low of Rs 1322.8.

As of 12:55PM (IST), the counter saw total traded volume of 3,538 shares with a traded value of Rs 0.64 crore, according to NSE.

The stock had closed at Rs 1804.9 in the previous session.

The scrip has advanced 7.33 per cent in the past one month till date, while the benchmark BSE Sensex has slipped -0.51 per cent during the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 47.28 while price-to-book ratio stood at 36.38. A higher P/E ratio shows that 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 it reflects the price investors are ready to pay even for no growth in a business.

The stock belongs to the Personal Care industry.

Promoter/FII Holding
Promoters held 0.0 per cent stake in the company as of 30-Jun-2021, while FII and MF ownership in the firm stood at 18.61 per cent and 2.57 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 1289.81 crore for the quarter ended 31-Mar-2021, up 3.87 per cent from the previous quarter’s Rs 1241.81 crore and up 18.23 per cent from the year-ago quarter’s Rs 1090.9 crore. Its net profit for the latest quarter stood at Rs 314.66 crore, up 54.13 per cent from the same quarter a year ago.

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