Colgate-Palmolive share price: Colgate-Palmolive share price down 0.31 per cent

Shares of (India) Ltd. traded 0.31 per cent up at Rs 1707.9 at around 10:52AM (IST) on Wednesday. The stock had closed at Rs 1713.25 in the previous session. Equity benchmark Sensex traded 192.1 points lower at 52580.95 around the same time.

The scrip has climbed 28.41 per cent in the last one year till date, while the 30-share index has gained 55.66 per cent during the same period.

The stock’s 52-week high price stood at Rs 1755.0 and the 52-week low price at Rs 1319.05.

Trading volume on the counter stood at 16,839 shares, while it quoted a price-to-earnings ratio of 44.92, an EPS value of 38.07 and a price-to-book value of 27.81. In the Nifty50 pack, 17 stocks traded in the green, while 33 stocks were in the red.

Promoter/FII Holding
Promoters held 51.0 per cent stake in the company as of 31-Mar-2021, while foreign institutional investors and mutual funds’ ownership stood at 16.9 per cent and 2.79 per cent, respectively.

Key Financials
For the quarter ended 31-Mar-2021, the company reported consolidated sales of Rs 1289.81 crore, 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. The company reported net profit of Rs 314.66 crore for the latest quarter.

Technical Indicators

The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.

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