Colgate-Palmolive shares up 0.36% as Nifty gains

Shares of (India) Ltd. rose 0.36 per cent to Rs 1715.95 in Tuesday's trade. It hit an intraday high of Rs 1726.15 and low of Rs 1707.4, respectively, during the day.

The stock quoted a 52-week high price of Rs 1755.0 and low of Rs 1308.5.

As of 10:41AM (IST), the counter saw total traded volume of 4,760 shares with a traded value of Rs 0.82 crore, according to NSE.
The stock had closed at Rs 1709.8 in the previous session.

The scrip has advanced 13.64 per cent in the past one month till date, while the benchmark BSE Sensex has gained 7.63 per cent during the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 45.07 while price-to-book ratio stood at 27.81. 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 31-Mar-2021, while FII and MF ownership in the firm stood at 16.9 per cent and 2.79 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 1289.81 crore for the quarter ended 31-Mar-2021, up 3.87 per cent from the previous quarter's Rs 1241.81 crore and up 18.23 per cent from the year-ago quarter's Rs 1090.9 crore. Its net profit for the latest quarter stood at Rs 314.66 crore, up 54.13 per cent from the same quarter a year ago.