Colgate-Palmolive shares up 0.62% as Nifty drops
A total of 5,038 shares changed hands on the counter till 11:57AM (IST).
NEW DELHI: Shares of (India) Ltd. traded 0.62 per cent up in Monday's trade at 11:57AM (IST). Around 5,038 shares changed hands on the counter.The scrip opened at Rs 2608.55 and touched an intraday high and low of Rs 2625.0 and Rs 2578.45, respectively, in the session so far. The stock of (India) Ltd. quoted a 52-week high of Rs 2625.0 and a 52-week low of Rs 1476.65.
As per , the total market cap of the (India) Ltd. stood at Rs 71212.64 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 1413.54 crore for the quarter ended 31-Dec-2023, down 5.27 per cent from previous quarter's Rs 1492.1 crore and down 8.59 per cent from the year-ago quarter's Rs 1301.68 crore.
The net profit for latest quarter stood at Rs 330.11 crore, up 35.71 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Dec-2023, DIIs held 2.82 per cent stake in the company, while foreign institutional investors held 24.62 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 56.52 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.
Source: Stocks-Markets-Economic Times
