Thursday, December 19, 2024
Thursday, December 19, 2024
Home BuisnessMarket Insight Colgate-Palmolive 0.32% as Sensex

Colgate-Palmolive 0.32% as Sensex

by PratapDarpan
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Shares of Colgate-Palmolive (India) Ltd traded on BSE at 10:40AM (IST) on Wednesday at Rs. traded at 2782.45, up 0.32 percent from the previous close.

Scripps raised Rs. 2350.65 to 52 week low and Rs. 3893.00 showed a high.

Earlier in the morning, a gap up opening was seen in the shares of the company.

A total of 904 lakh shares were exchanged over the counter till 10:40AM (IST).

The market value of Colgate-Palmolive (India) Ltd stock is Rs. 75753.44 crore, according to BSE.

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    The stock was trading at a price-to-earnings (P/E) multiple of 51.57, while the price-to-book value ratio stood at 27.81. Return on equity (ROE) was 70.54 percent, according to exchange data.

    In the BSE500 pack, 154 stocks traded in the green, while 345 stocks were in the red.

    The stock’s beta value, which measures volatility relative to the broader market, stood at 0.5161.

    Promoter/FII holding
    Promoters hold 0.0 percent stake in Colgate-Palmolive (India) Ltd as on 30-Sep-2024 while foreign and domestic institutional investors hold 24.94 percent and 3.57 percent respectively.

    Moving Average
    On December 18, the stock’s 200-DMA was at 3051.77, while the 50-DMA was at 3047.49. If a stock trades below the 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock trades below the 50-DMA and 200-DMA, it is considered a bearish trend and if it trades between the 50-DMA and 200-DMA, it indicates that the stock can go either way. .

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