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.
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.
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.