Getty ImagesThe scrip opened at Rs 2217.95 and touched an intraday high and low of Rs 2221.0 and Rs 2194.35, respectively, in the session so far. The stock of Colgate-Palmolive (India) Ltd. quoted a 52-week high of Rs 2221.0 and a 52-week low of Rs 1434.6.
Total market cap of the Colgate-Palmolive (India) Ltd. stood at Rs 59836.84 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 1492.1 crore for the quarter ended 30-Sep-2023, up 11.46 per cent from previous quarter's Rs 1338.64 crore and up 6.67 per cent from the year-ago quarter's Rs 1398.76 crore.
The net profit for latest quarter stood at Rs 340.05 crore, up 22.31 per cent from the corresponding quarter last year.
As of 30-Sep-2023, DIIs held 2.36 per cent stake in the firm, while foreign institutional investors held 24.08 per cent and the promoters 51.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 51.0 and a price-to-book ratio of 23.88. 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 is the measure of the price that investors are ready to pay even for no growth in the business.
Colgate-Palmolive (India) Ltd. belongs to the Personal Care industry.
Thursday, 30 Nov, 2023
- Digital View
- Print View
- Wealth Edition
Nifty Reclaims Mt 20kIndia’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment.
ED Flags Failure to Submit Papers, Delays by Byju’sThe Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible.
HCL Inching Close to Chip Unit in K’takaThe HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET.
Read More News on
Download The Economic Times News App to get Daily Market Updates & Live Business News. Read Economic Times Epaper.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Get Unlimited Access to The Economic Times 
