Colgate-Palmolive shares gain 0.15% as Sensex rises
The stock quoted a 52-week high of Rs 2961.15 and a 52-week low of Rs 1567.65.
Shares of (India) Ltd. traded 0.15 per cent higher in Friday's session at 11:25AM (IST). The stock opened at Rs 2646.2 and has touched an intraday high and low of Rs 2671.45 and Rs 2631.1, respectively, during the session so far.The stock quoted a 52-week high of Rs 2961.15 and a 52-week low of 1567.65. About 1,363 shares changed hands on the counter so far.
Benchmark Nifty50 was up 41.45 points at 22530.1, while the BSE traded 131.64 points higher at 74017.24 at the time of writing of this report.
In the pack, 25 stocks traded the day in the green, while 25 were in the red.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 1512.66 crore, up 7.01 per cent from the previous quarter's Rs 1413.54 crore and up 10.33 per cent from the year-ago quarter. The company reported net profit of Rs 379.82 crore for the latest quarter.
Promoter Holdings
Promoters held 51.0 per cent stake in the company as of 31-Mar-2024, while FIIs held 24.51 per cent and MFs 3.1 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 2379.41 on May 31, while the 50-DMA was at Rs 2725.65. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
Source: Stocks-Markets-Economic Times
