Share price of Colgate-Palmolive (India) Ltd. rises as Nifty drops

Shares of Colgate-Palmolive (India) Ltd. gained 2.49 per cent to Rs 1356.2 in Thursday's trade as of 10:56AM (IST).

The stock of Colgate-Palmolive (India) Ltd. hit a high price of Rs 1357.0 and low of Rs 1331.9 during the session.

The return on equity (ROE) for the stock stood at 53.6 per cent. Traded volume on the counter stood at 4,998 shares and turnover at Rs 0.67 crore around that time.

The stock of Colgate-Palmolive (India) Ltd. quoted a 52-week high and 52-week low prices of Rs 1641.0 and Rs 1065.2, respectively.

The Beta value of the counter, 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 31-Mar-2020, while overseas investors held 16.19 per cent and domestic institutional investors had 3.66 per cent.

Key Financials
The company reported consolidated sales of Rs 1136.02 crore for the quarter ended 31-Dec-2019, down 6.36 per cent from previous quarter's Rs 1213.21 crore and down 4.07 per cent from the year-ago quarter's Rs 1091.63 crore.

Net profit after tax for the latest quarter stood at Rs 199.1 crore, up 3.64 per cent from the same quarter a year ago.