Share price of Colgate-Palmolive falls as Sensex gains 514.12 points
A total of 6,316 shares changed hands on the counter till 01:39PM (IST)
Share price of (India) Ltd. dropped 1.27 per cent to Rs 2694.9 at 01:39PM (IST) in Monday's trade. The counter hit a high of Rs 2744.0 and low of Rs 2685.0 so far during the session. The stock had closed at Rs 2729.75 in the previous session.The counter had a total traded volume of 01:39PM shares so far with a turnover of Rs 1.71 crore on . The stock traded at a price-to-earnings multiple of 58.29 and a price-to-book ratio of 23.88.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
(India) Ltd. belongs to the Personal Care industry.
Promotor/FII Holding
Promoters held 51.0 per cent stake in the company as of 31-Dec-2023, while overseas investors and domestic institutional investors ownership stood at 24.62 per cent and 5.59 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 1413.54 crore for the quarter ended 31-Dec-2023, down 5.27 per cent from the previous quarter's Rs 1492.1 crore and down 8.59 per cent from the year-ago quarter's Rs 1301.68 crore.
Its profit for the latest quarter stood at Rs 330.11 crore, up 35.71 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
