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Colgate-Palmolive Share Price: Share price of Colgate-Palmolive rises as Nifty strengthens

Shares of Colgate-Palmolive (India) Ltd. gained 0.3 per cent to Rs 2959.15 in Wednesday’s trade as of 01:23PM (IST).

The stock hit a high price of Rs 2970.1 and low of Rs 2937.0 during the session.

The return on equity (ROE) for the stock stood at 70.61 per cent. Traded volume on the counter stood at 01:23PM shares and turnover at Rs 0.62 crore around that time.

The stock of Colgate-Palmolive (India) Ltd. quoted a 52-week high and 52-week low prices of Rs 3068.95 and Rs 1594.0, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.52. Promotor/FII Holding
Promoters held 51.0 per cent stake in the company as of 31-Mar-2024, while foreign investors held 24.51 per cent and domestic institutional investors had 5.81 per cent.

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.

Net profit after tax for the latest quarter stood at Rs 379.82 crore, up 20.11 per cent from the same quarter a year ago.

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