NEW DELHI: Shares of Colgate-Palmolive (India) Ltd. traded 1.19 per cent up in Tuesday’s trade at 11:06AM (IST). Around 3,688 shares changed hands on the counter.
The scrip opened at Rs 1625.95 and touched an intraday high and low of Rs 1653.1 and Rs 1625.95, respectively, in the session so far. The stock of
(India) Ltd. quoted a 52-week high of Rs 1750.05 and a 52-week low of Rs 1375.55.
Total market cap of the Colgate-Palmolive (India) Ltd. stood at Rs 44870.83 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 1208.35 crore for the quarter ended 30-Jun-2022, down 7.77 per cent from previous quarter’s Rs 1310.13 crore and down 3.17 per cent from the year-ago quarter’s Rs 1171.18 crore.
The net profit for latest quarter stood at Rs 209.67 crore, down 10.1 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2022, DIIs held 1.87 per cent stake in the firm, while foreign institutional investors held 18.7 per cent and the promoters 51.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 42.54 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.
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