Colgate-Palmolive declines 0.65% as Sensex slides

Earlier, the stock saw a gap down opening in the morning.

A total of 3,795 lakh shares changed hands on the counter till 11:41AM (IST).

The stock of (India) Ltd. commanded a market value of Rs 71940.2 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 57.09, while the price-to-book value ratio stood at 23.88. Return on equity (ROE) was at 60.84 per cent, according to exchange data.

In the BSE500 pack, 97 stocks traded in the green, while 403 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 0.52.

Promotor/FII Holding
Promoters held 0.0 per cent in (India) Ltd. as of 31-Mar-2024 while overseas and domestic institutional investors owned 24.51 per cent and 3.1 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 2252.32 on April 19, while the 50-DMA was at 2617.26. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.