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Colgate-Palmolive (India) Ltd continues to dip

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Colgate-Palmolive (India) Ltd is quoting at Rs 1615.5, down 1.26% on the day as on 13:24 IST on the NSE. The stock jumped 13.23% in last one year as compared to a 53.52% rally in NIFTY and a 33.79% spurt in the Nifty FMCG index.

Colgate-Palmolive (India) Ltd is down for a fifth straight session today. The stock is quoting at Rs 1615.5, down 1.26% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.5% on the day, quoting at 18327. The Sensex is at 61462.03, down 0.41%.Colgate-Palmolive (India) Ltd has lost around 6.75% in last one month.Meanwhile, Nifty FMCG index of which Colgate-Palmolive (India) Ltd is a constituent, has eased around 4.58% in last one month and is currently quoting at 40237.3, down 1.3% on the day. The volume in the stock stood at 2.88 lakh shares today, compared to the daily average of 2.95 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 1617.1, down 1.25% on the day. Colgate-Palmolive (India) Ltd jumped 13.23% in last one year as compared to a 53.52% rally in NIFTY and a 33.79% spurt in the Nifty FMCG index.

The PE of the stock is 41.59 based on TTM earnings ending June 21.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Wed, October 20 2021. 13:35 IST
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