Investment in Colgate Palmolive: Seshadri Bharathan
It has increased the market share in both toothpaste and tooth brush segment.
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| Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd, in a chat with ET Now talks about Colgate Palmolive.
Aside of HUL the other FMCG stocks have also done very well I know you like Colgate Palmolive is that the only one that you would recommend from FMCG or you would recommend something as well?
Colgate definitely is a buy because it’s a leader in oral care segment. It has increased the market share in both toothpaste and tooth brush segment. And going forward we will see that margins also have improved for the company from FY10 where they were around 20% to FY11-FY12 would be around 25%-26% for this company. So definitely it makes a case for investment in Colgate Palmolive.
Aside of HUL the other FMCG stocks have also done very well I know you like Colgate Palmolive is that the only one that you would recommend from FMCG or you would recommend something as well?
Colgate definitely is a buy because it’s a leader in oral care segment. It has increased the market share in both toothpaste and tooth brush segment. And going forward we will see that margins also have improved for the company from FY10 where they were around 20% to FY11-FY12 would be around 25%-26% for this company. So definitely it makes a case for investment in Colgate Palmolive.
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