Colgate-Palmolive shares gain 0.74% as Sensex rises

Colgate-Palmolive shares gain 0.74% as Sensex rises
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Synopsis

A total of 13,900 shares changed hands on the counter till 12:48PM (IST)

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Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
Shares of the Colgate-Palmolive (India) Ltd. traded at Rs 1435.1 on BSE at 12:48PM (IST) on Tuesday, up 0.74 per cent. The stock quoted a 52-week low price of Rs 1375.55 and a high of Rs 1823.0.

Earlier in the day, the stock saw a gap up opening.

At the prevailing price, the stock traded at 36.47 times its trailing 12-month EPS of Rs 39.32 per share and 36.38 times its book value, as per BSE data.

A total of 13,900 shares changed hands on the counter till 12:48PM (IST). The stock commands a market value of Rs 39002.74 crore and is part of the Personal Care industry.

The scrip has been an underperformer , down 10.49 per cent in the past one year in comparison with a 27.01 per cent gain in Sensex.

During the day, the stock moved between Rs 1435.6 and Rs 1424.9.

Promoter/FII Holding
Promoters held 0.0 per cent in the company as of 31-Dec-2021. FII and MF ownership in Colgate-Palmolive (India) Ltd. stood at 18.02 per cent and 2.86 per cent, respectively.

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