Business & Investment

Colgate-Palmolive Shares: When Sensex falls, Colgate-Palmolive shares fall 0.53%

At the session on Wednesday at 12:13 pm (IST), (India) Ltd. Stock price fell 0.53%. The stock opened at Rs1470.9 and touched on the daytime highs and lows of Rs1475.35 and Rs1456.25, respectively, during previous sessions.

Stock prices quoted a 52-week high of 1823.0 rupees and a 52-week low of 1393.0. So far, about 16,239 shares have been replaced at the counter.

Benchmark Nifty50 fell 150.4 points at 1962.65, but BSE Sensex At the time of writing this report, it was trading at 60206.35, down 548.51 points.



In Nifty In the pack, 14 shares were traded in green and 36 shares were traded in red.

Major finances

Consolidated sales for the quarter ended September 30, 2021 were Rs 13.5893 billion, an increase of 16.03% from Rs 117.118 billion in the previous quarter and an increase of 5.09% from the same period last year. The company reported a net profit of 269.17 rupees in the last quarter.

Promoter Holdings

As of September 30, 2021, the promoter had a 51.0% stake in the company, FII had a 19.14% stake and MF had a 2.65% stake.

technical

On the technical chart, the 200-day moving average (DMA) of the stock price on January 19 was 1603.51 rupees, while the 50-DMA was 1463.23 rupees. If a stock is trading above 50-DMA and 200-DMA, it usually means that the immediate trend is rising. On the other hand, if the stock is trading well below both 50-DMA and 200-DMA, it is considered a bearish trend, and if it is trading between these averages, the stock is in either direction. It suggests that you can proceed.

Colgate-Palmolive Shares: When Sensex falls, Colgate-Palmolive shares fall 0.53%

https://economictimes.indiatimes.com/markets/stocks/stock-watch/colgate-palmolive-shares-drop-0-53-as-sensex-falls/articleshow/88990311.cms Colgate-Palmolive Shares: When Sensex falls, Colgate-Palmolive shares fall 0.53%

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