Colgate-Palmolive Share Price: Colgate-Palmolive shares rise 0.34% as Nifty gains

Shares of (India) Ltd. traded 0.34 per cent up at Rs 1722.15 on Friday at around 11:07AM (IST), while the benchmark BSE Sensex advanced 503.79 points to 59644.95.

As many as 2,967 shares changed hands on the counter with a total value of Rs 0.51 crore.

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



On the technical charts, the 200-DMA of the stock stood at Rs 1623.12, while 50-DMA was at Rs 1707.0. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere.

Shares of the company have advanced 23.24 per cent in the past one year, while Sensex has risen 53.51 per cent during the same period.

According to BSE data, the stock trades at a price-to-earnings multiple of 43.9 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 reflects the price that investors are ready to pay even for no growth in a business. The stock belongs to the Personal Care industry.

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