Share price of Colgate-Palmolive jumps as Sensex gains 672.25 points

A total of 3,924 shares changed hands on the counter till 12:48PM (IST)

Share price of Colgate-Palmolive  jumps  as Sensex  gains  672.25 points
Share price of Colgate-Palmolive (India) Ltd. gained 1.03 per cent to Rs 3425.5 at 12:48PM (IST) in Wednesday's trade. The scrip hit a high of Rs 3437.0 and low of Rs 3395.0 so far during the session. The stock had closed at Rs 3390.5 in the previous session.

The counter had a total traded volume of 12:48PM shares so far with a turnover of Rs 1.34 crore on BSE. The stock traded at a price-to-earnings multiple of 65.88 and a price-to-book ratio of 27.81.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.


The 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.

Promotor/FII Holding
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Promoters held 51.0 per cent stake in the company as of 30-Jun-2024, while FIIs and domestic institutional investors ownership stood at 24.44 per cent and 5.71 per cent, respectively.

Key Financials
The company reported consolidated net sales of Rs 1520.11 crore for the quarter ended 30-Jun-2024, up 0.49 per cent from the previous quarter's Rs 1512.66 crore and up 13.56 per cent from the year-ago quarter's Rs 1338.64 crore.

Its profit for the latest quarter stood at Rs 363.98 crore, up 32.99 per cent from the same quarter a year ago.
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