Colgate-Palmolive (India), incorporated in the year 1937, is a Large Cap company (having a market cap of Rs 43887.60 Crore) operating in FMCG sector.
Colgate-Palmolive (India) key Products/Revenue Segments include Personal Care, Service Income and Scrap for the year ending 31-Mar-2022.
Financials
The company’s top management includes Mr.Mukul Deoras, Mr.M S Jacob, Mr.Surender Sharma, Mr.Sekhar Natarajan, Ms.Gopika Pant, Mr.Vikram Singh Mehta, Ms.Sukanya Kripalu, Dr.(Ms.)Indu Shahani, Ms.Shyamala Gopinath. Company has SRBC & Co LLP as its auditors. As on 30-09-2022, the company has a total of 27 Crore shares outstanding.
Investment Rationale
With weak revenue and earnings growth likely to sustain going forward, thereis unlikely to be any re-rating of the stock. The brokerage retains its target multiple of 35xSep'24 EPS to arrive at its target price of Rs 1,620.
Promoter/FII Holdings
Promoters held 51 per cent stake in the company as of 30-Sep-2022, while FIIs owned 18.7 per cent, DIIs 8.56 per cent.
Read More News on
Download The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Read More News on
Download The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price