Colgate-Palmolive (India) Ltd. saw its share price fall by 1.37%, reaching Rs 2713.05 around 1:38 PM IST on Monday. The stock reached a high of Rs 2756.95 and a low of Rs 2710.00 during the day. In the last session, the stock closed at Rs 2750.95.
So far today, about 1.48 crore shares have been traded on the BSE. This stock has a price-to-earnings (P/E) ratio of 50.27, meaning investors believe the company will grow and are willing to pay more for its profits. It also has a price-to-book (P/B) ratio of 27.81, which shows how much investors value the company even if it isn’t growing much.
Colgate-Palmolive (India) Ltd. is a part of the Personal Care industry. As of September 30, 2024, promoters owned 51% of the company, while Foreign Institutional Investors (FIIs) held 24.94% and domestic investors owned 5.54%.
In the latest quarter ending September 30, 2024, the company reported total sales of Rs 1695.09 crore, an 11.51% increase from the previous quarter and a 13.6% rise from the same period last year, which was Rs 1492.10 crore. The company made a profit of Rs 395.05 crore, which is a 16.17% increase compared to last year.
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