The return on equity (ROE) for the stock stood at 88.77 per cent. Traded volume on the counter stood at 01:05PM shares and turnover at Rs 0.76 crore around that time. The stock of Colgate-Palmolive (India) Ltd. quoted a 52-week high price of Rs 1823.0 and 52-week low prices of Rs 1407.0, respectively.
The stock’s Beta value, which measures its volatility in relation to the broader market, stood at 0.52.
Promotor/FII Holding
Promoters held 0.0 per cent stake in the company as of 30-Jun-2021, while FIIs held 18.61 per cent and domestic institutional investors had 2.57 per cent.
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 previous quarter’s Rs 1289.81 crore and down 11.87 per cent from the year-ago quarter’s Rs 1046.9 crore. Net profit after tax for the latest quarter stood at Rs 233.23 crore, up 17.69 per cent from the same quarter a year ago.
Technicals
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 topof 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.
