Colgate-Palmolive stock price up 1.17 per cent as Sensex climbs

Shares of Colgate-Palmolive (India) Ltd. rose 1.17 per cent to Rs 2477.4 at 10:05AM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 411 shares with a turnover of Rs 0.11 crore till 10:05AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 57.32, 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. The stock hit an intraday high of Rs 2478.0 and a low of Rs 2458.0 during the session and quoted a 52-week high price of Rs 2478.0 and a 52-week low of Rs 1434.6.


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

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 1873.31 on December 28, while the 50-DMA was at Rs 2215.07. If a stock trades above 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 a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 71.63. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Sep-2023, promoters held 51.0 per cent stake in the company, while foreign institutional investors held 24.08 per cent and domestic institutional investors had 5.57 per cent.