Colgate-Palmolive shares down 3.26% as Nifty gains
A total of 13,498 shares changed hands on the counter till 02:09PM (IST).
NEW DELHI: Shares of (India) Ltd. traded 3.26 per cent down in Thursday's trade at 02:09PM (IST). Around 13,498 shares changed hands on the counter.The scrip opened at Rs 2805.0 and touched an intraday high and low of Rs 2806.5 and Rs 2712.1, respectively, in the session so far. Shares of the company of (India) Ltd. quoted a 52-week high of Rs 2813.8 and a 52-week low of Rs 1507.25.
Total market cap of the (India) Ltd. stood at Rs 74310.55 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 same quarter a year ago.
Shareholding pattern
As of 31-Dec-2023, DIIs held 2.82 per cent stake in the firm, while foreign institutional investors held 24.62 per cent and the promoters 51.0 per cent.
Valuation ratio
According to data, the stock traded at a P/E multiple of 58.97 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
