Colgate-Palmolive share price: Colgate-Palmolive shares up 0.48% as Nifty falls

Shares of (India) Ltd. rose 0.48 per cent to Rs 1651.45 in Monday’s trade. It hit an intraday high of Rs 1653.5 and low of Rs 1635.0, respectively, during the day.

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

As of 10:46AM (IST), the counter saw total traded volume of 5,443 shares with a traded value of Rs 0.9 crore, according to NSE.

The stock had closed at Rs 1643.6 in the previous session.

The scrip has declined -5.44 per cent in the past one month till date, while the benchmark BSE Sensex has gained 5.88 per cent during the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 42.0 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 1171.18 crore for the quarter ended 30-Jun-2021, down 9.2 per cent from the previous quarter’s Rs 1289.81 crore and down 11.87 per cent from the year-ago quarter’s Rs 1046.9 crore. Its net profit for the latest quarter stood at Rs 233.23 crore, up 17.69 per cent from the same quarter a year ago.

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