Colgate-Palmolive Share Price: Colgate-Palmolive stock price down 0.74 per cent as Sensex climbs

Shares of (India) Ltd. fell 0.74 per cent to Rs 1624.85 at 11:32AM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 120,914 shares with a turnover of Rs 19.77 crore till 11:32AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 41.26, while the price-to-book value ratio stood at 36.38.

Return on equity (ROE) was at 88.77 per cent, according to exchange data. The stock hit an intraday high of Rs 1648.15 and a low of Rs 1619.3 during the session and quoted a 52-week high price of Rs 1823.0 and a 52-week low of Rs 1407.0.



The stock’s beta value, which measures its volatility in relation to the broader market, stood at 0.52.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 1636.69 on October 20, while the 50-DMA was at Rs 1687.32. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 29.93. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Jun-2021, promoters held 51.0 per cent stake in the company, while FIIs held 18.61 per cent and domestic institutional investors had 8.2 per cent.

Source Link