Shares of Colgate-Palmolive gained 1.22% as Sensex rose

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Shares of Colgate-Palmolive gained 1.22% as Sensex rose

Shares of Colgate-Palmolive (India) Ltd rose 1.22 percent at 11:52AM (IST) on Monday to Rs. 3202.4, even as the BSE benchmark Sensex rose 544.92 points to 81877.64. In the previous session, the share was Rs. was settled at 3163.8.

Shares respectively Rs. 3260.3 and Rs. It quoted a 52-week high and 52-week low of 1891.7.

As per BSE data, the total traded volume on the counter till 11:52AM (IST) was Rs. 11:52AM was the share with a turnover of 2.74 crores.

At current prices, shares of the company trade at 65.84 times its trailing 12-month EPS of Rs 48.67 per share and 27.81 times its price-to-book value, exchange data showed.

A high P/E ratio indicates that investors are willing to pay a high price for the stock today due to expectations of future growth. Price-to-book value indicates a company’s intrinsic value and is a measure of the price that investors are willing to pay even if the business is not growing.

The stock’s beta value, which measures its volatility relative to the broader market, stood at 0.52.

Shareholding details
Promoters held 102.0 per cent stake in the company as on 30-Jun-2024, while FIIs held 48.88 per cent and DIIs 11.42 per cent.

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