Share price of Colgate-Palmolive jumps as Sensex gains 97.12 points

Pidilite Industries Ltd. shares  down  0.01% as Nifty  falls

Share price of (India) Ltd. gained 0.92 per cent to Rs 1604.9 at 10:17AM (IST) in Friday’s trade. The stock hit a high of Rs 1616.35 and low of Rs 1590.25 so far during the session. The stock had closed at Rs 1590.3 in the previous session.

The counter had a total traded volume of 10:17AM shares so far with a turnover of Rs 2.01 crore on BSE. The stock traded at a price-to-earnings multiple of 46.77 and a price-to-book ratio of 27.81.

A higher price-to-earnings 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

Promoters held 51.0 per cent stake in the company as of 31-Dec-2020, while foreign investors and domestic institutional investors ownership stood at 16.59 per cent and 10.11 per cent, respectively.

Key Financials

The company reported consolidated net sales of Rs 1241.81 crore for the quarter ended 31-Dec-2020, down 3.96 per cent from the previous quarter’s Rs 1293.05 crore and down 7.71 per cent from the year-ago quarter’s Rs 1152.97 crore.

Its profit for the latest quarter stood at Rs 248.36 crore, up 24.74 per cent from the same quarter a year ago.

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