Colgate-Palmolive (India) Ltd. shares up 0.99% as Nifty drops

NEW DELHI: Shares of Colgate-Palmolive (India) Ltd. traded 0.99 per cent up in Monday's trade at 10:46AM (IST). Around 9,622 shares changed hands on the counter.

The stock opened at Rs 1382.0 and touched an intraday high and low of Rs 1398.65 and Rs 1378.4, respectively, in the session so far. Shares of the company of Colgate-Palmolive (India) Ltd. quoted a 52-week high of Rs 1641.0 and a 52-week low of Rs 1065.2.

Total market cap of the Colgate-Palmolive (India) Ltd. stood at Rs 37883.52 crore at the time of writing this report.


Key Financials
The company reported consolidated sales of Rs 1062.35 crore for the quarter ended 31-Mar-2020, down 6.48 per cent from previous quarter's Rs 1136.02 crore and down 7.35 per cent from the year-ago quarter's Rs 1146.63 crore.

The net profit for latest quarter stood at Rs 204.15 crore, up 3.32 per cent from the same quarter a year ago.

Shareholding pattern
As of 30-Jun-2020, DIIs held 5.08 per cent stake in the company, while foreign institutional investors held 15.27 per cent and the promoters 0.0 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 46.4 and a price-to-book ratio of 57.36. 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.