Colgate-Palmolive shares up 0.89% as Nifty gains
A total of 2,991 shares changed hands on the counter till 11:31AM (IST).
NEW DELHI: Shares of (India) Ltd. traded 0.89 per cent up in Thursday's trade at 11:31AM (IST). Around 2,991 shares changed hands on the counter.The counter opened at Rs 2808.5 and touched an intraday high and low of Rs 2865.5 and Rs 2808.5, respectively, in the session so far. Shares of the company of (India) Ltd. quoted a 52-week high of Rs 2875.0 and a 52-week low of Rs 1562.4.
As per , the total market cap of the (India) Ltd. stood at Rs 76827.78 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-Mar-2024, domestic institutional investors held 3.1 per cent stake in the company, while foreign institutional investors held 24.51 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 60.33 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
