NEW DELHI: Shares of Colgate-Palmolive (India) Ltd. traded 1.03 per cent up in Monday’s trade at 01:29PM (IST). Around 3,250 shares changed hands on the counter.
The counter opened at Rs 3037.9 and touched an intraday high and low of Rs 3075.0 and Rs 3014.15, respectively, in the session so far. The stock of Colgate-Palmolive (India) Ltd. quoted a 52-week high of Rs 3075.0 and a 52-week low of Rs 1786.8.
As per BSE, the total market cap of the Colgate-Palmolive (India) Ltd. stood at Rs 83227.6 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 1512.66 crore for the quarter ended 31-Mar-2024, up 7.01 per cent from previous quarter’s Rs 1413.54 crore and up 10.33 per cent from the year-ago quarter’s Rs 1370.98 crore.
The net profit for latest quarter stood at Rs 379.82 crore, up 20.11 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2024, domestic institutional investors held 3.1 per cent stake in the firm, while foreign institutional investors held 24.51 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 62.88 and a price-to-book ratio of 27.81. 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.
