Share price of Colgate-Palmolive jumps as Sensex gains 190.11 points
Promoters held 0.0 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 24.51 per cent and 3.1 per cent, respectively.
The share price of (India) Ltd. gained 0.47 per cent to Rs 3114.55 at 10:40AM (IST) in Tuesday's trade. The scrip has hit a high of Rs 3142.2 and low of Rs 3080.25 so far during the session. The stock had closed at Rs 3099.75 in the previous session.The counter has had a total traded volume of 6274 shares so far with a value of Rs 1.95 crore on the . It traded at a price-to-earnings multiple of 64.12 and a price-to-book ratio of 27.81.
A higher price-to-earnings 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 95.18 per cent during the past one year, while the 30-share index advanced 29.11 per cent during the same period.
(India) Ltd. belongs to the Personal Care industry.
Promotor/FII Holding
Promoters held 0.0 per cent stake in the company as of 31-Mar-2024, while overseas investors and domestic institutional investors ownership stood at 24.51 per cent and 3.1 per cent, respectively.
Key Financials
The company reported consolidated sales of Rs 1512.66 crore for the quarter ended 31-Mar-2024, 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's Rs 1370.98 crore.
Profit for the latest quarter stood at Rs 379.82 crore, up 20.11 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
