Colgate-Palmolive share price: Colgate-Palmolive shares down 3.19% as Nifty gains

NEW DELHI: Shares of (India) Ltd. traded 3.19 per cent down in Thursday’s trade at 01:31PM (IST). Around 29,988 shares changed hands on the counter.

The stock opened at Rs 1807.0 and touched an intraday high and low of Rs 1807.0 and Rs 1715.0, respectively, in the session so far. The stock of Colgate-Palmolive (India) Ltd. quoted a 52-week high of Rs 1823.0 and a 52-week low of Rs 1322.8.

As per BSE, the total market cap of the Colgate-Palmolive (India) Ltd. stood at Rs 47271.1 crore at the time of writing this report.


Key Financials

The company reported consolidated net sales of Rs 1289.81 crore for the quarter ended 31-Mar-2021, up 3.87 per cent from previous quarter’s Rs 1241.81 crore and up 18.23 per cent from the year-ago quarter’s Rs 1090.9 crore.

The net profit for latest quarter stood at Rs 314.66 crore, up 54.13 per cent from the same quarter a year ago.

Shareholding pattern

As of 30-Jun-2021, DIIs held 2.57 per cent stake in the firm, while foreign institutional investors held 18.61 per cent and the promoters 0.0 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 45.66 and a price-to-book ratio of 36.38. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Colgate-Palmolive (India) Ltd. belongs to the Personal Care industry.

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