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Colgate-Palmolive share price up 0.12 per cent

Shares of Colgate-Palmolive (India) Ltd. traded 0.12 per cent up at Rs 1520.05 at around 02:10PM (IST) on Wednesday. The stock had closed at Rs 1518.25 in the previous session. Equity benchmark Sensex traded 763.43 points higher at 56540.28 around the same time.

The scrip has declined 5.79 per cent in the last one year till date, while the 30-share index has gained 15.15 per cent during the same period.

The stock’s 52-week high price stood at Rs 1823.0 and the 52-week low price at Rs 1375.55.

Trading volume on the counter stood at 7,063 shares, while it quoted a price-to-earnings ratio of 38.66, an EPS value of 39.32 and a price-to-book value of 36.38. In the Nifty50 pack, 45 stocks traded in the green, while 5 stocks were in the red.

Promoter/FII Holding
Promoters held 51.0 per cent stake in the company as of 31-Dec-2021, while overseas investor and mutual funds’ ownership stood at 18.02 per cent and 2.86 per cent, respectively.

Key Financials
For the quarter ended 31-Dec-2021, the company reported consolidated sales of Rs 1285.8 crore, down 5.38 per cent from the previous quarter’s Rs 1358.93 crore and down 3.54 per cent from the year-ago quarter’s Rs 1241.81 crore. The company reported net profit of Rs 252.33 crore for the latest quarter.

Technical Indicators

The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.

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