Sell Colgate-Palmolive (India), target Rs 1155: Dr CK Narayan

Dr CK Narayan of Chart Advise has a sell call on Colgate-Palmolive (India) Ltd. with a target price of Rs 1155.. The current market price of Colgate-Palmolive (India) Ltd. is Rs 1175.3. Time period given by the analyst is Intra Day when Colgate-Palmolive (India) Ltd. price can reach defined target. Dr CK Narayan recommended to keep stoploss at Rs 1190. Colgate-Palmolive (India) Ltd., incorporated in the year 1937, is a large cap personal care company with a market cap of Rs 31966.47 crore.

Colgate-Palmolive (India) Ltd. key Products/Revenue Segments include Personal Care which contributed Rs 4489.85 Crore to Sales Value (99.32 % of Total Sales), Service Income which contributed Rs 27.00 Crore to Sales Value (0.59 % of Total Sales) and Scrap which contributed Rs 3.35 Crore to Sales Value (0.07 % of Total Sales)for the year ending 31-Mar-2017.

The company’s top management includes Dr.(Ms.)Indu Shahani, Mr.Issam Bachaalani, Mr.M Chandrasekar, Mr.M S Jacob, Mr.P K Ghosh, Mr.R A Shah, Mr.Vikram Mehta, Mr.Vinod Nambiar, Ms.Shyamala Gopinath. Company has SRBC & Co LLP as its auditoRs As on 31-03-2018, the company has a total of 271,985,634 shares outstanding.