The Economic Times daily newspaper is available online now.

    Colgate-Palmolive shares decline 0.29% as Sensex slides

    Synopsis

    A total of 3,416 shares changed hands on the counter till 11:17AM (IST)

    macdGetty Images
    MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
    Shares of the Colgate-Palmolive (India) Ltd. traded at Rs 1586.55 on BSE at 11:17AM (IST) on Wednesday, down 0.29 per cent from previous close.

    The stock quoted a 52-week low price of Rs 1434.6 and a high of Rs 1713.0.

    Earlier, shares of the company saw a gap down opening in the morning.

    A total of 3,416 lakh shares changed hands on the counter till 11:17AM (IST).

    The stock of Colgate-Palmolive (India) Ltd. commands a market value of Rs 43351.79 crore.

    The stock traded at a price-to-earning (P/E) multiple of 41.4, while the price-to-book value ratio stood at 23.88. Return on equity (ROE) was at 61.0 per cent, according to exchange data.

    In the BSE500 pack, 242 stocks traded in the green, while 259 stocks were in the red.

    Promotor Holding
    Promoters held 51.0 per cent in the Colgate-Palmolive (India) Ltd. as of 31-Mar-2023 while foreign and domestic institutional investors owned 21.5 per cent and 6.89 per cent, respectively.



    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    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

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    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

    ...more
    The Economic Times

    Stories you might be interested in