Colgate-Palmolive (India) inches up on reporting marginal rise in Q2 net profit

Colgate-Palmolive (India) is currently trading at Rs. 1603.70, up by 0.45 points or 0.03% from its previous closing of Rs. 1603.25 on the BSE.

colgate palmolive india reports 24 rise in q2 net profit
colgate palmolive india reports 24 rise in q2 net profit

The scrip opened at Rs. 1605.00 and has touched a high and low of Rs. 1626.10 and Rs. 1596.95 respectively. So far 4250 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 1695.00 on 02-Sep-2022 and a 52 week low of Rs. 1375.55 on 25-Jan-2022.

Last one week high and low of the scrip stood at Rs. 1626.10 and Rs. 1548.00 respectively. The current market cap of the company is Rs. 43547.62 crore.

The promoters holding in the company stood at 51.00%, while Institutions and Non-Institutions held 27.82% and 21.19% respectively.

Colgate-Palmolive (India) has reported rise of 3.29% in its net profit at Rs 278.02 crore for second quarter ended September 30, 2022 as compared to Rs 269.17 crore for the corresponding quarter previous year.

Total income of the company increased by 2.93% to Rs 1,398.76 crore for the quarter under review as compared to Rs 1,358.93 crore for the same quarter in the previous year.

Colgate Palmolive (India) has trusted brands for dental care, personal care, home care and professional oral care. The company is the fastest growing and one of the oldest companies catering to the personal care products.

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