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Colgate-Palmolive stock price: Colgate-Palmolive shares gain 1.72% as Sensex falls

The shares of Colgate-Palmolive (India) Ltd. traded up 1.72% in Friday’s session at 10:05 (IST). The stock opened at Rs 1558.0 and touched an intraday high and low of Rs 1601.0 and Rs 1551.1, respectively, during the session so far.

The stock traded a 52-week high of Rs 1823.0 and a 52-week low of 1375.55. Around 18,461 shares have changed hands on the counter so far.

The benchmark Nifty50 was down 175.5 points at 17217.10, while the BSE Sensex traded 556.17 points at 57355.51 at the time of writing.

In the Nifty Pack, 7 stocks traded on the day in the green, while 43 were in the red.

Key financial data

For the quarter ended December 31, 2021, the company reported consolidated sales of Rs 1,285.8 crore, down 5.38% from Rs 1,358.93 crore in the previous quarter and down 3.54% from compared to the quarter of the previous year. The company reported a net profit of Rs 252.33 crore for the last quarter.


Promoter assets

The promoters held 51.0% of the company’s capital as of March 31, 2022, while the FIIs held 18.64% and the MFs 1.8%.

Techniques

On the technical charts, the stock’s 200-day moving average (DMA) stood at Rs 1562.29 on April 22, while the 50-DMA stood at Rs 1492.47. If a stock is trading above 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock is trading well below 50-DMA and 200-DMA at the same time, it is considered to be in a downtrend and if it is trading between these averages, it suggests that the stock can go both ways.