Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
"Colgate Palmolive India Limited (CPIL) is India's leading provider of scientifically proven oral care products. The range includes toothpastes, toothpowder, toothbrushes and mouthwashes under the 'Colgate' brand, as well as a specialized range of dental therapies under the banner of Colgate Oral Pharmaceuticals. Going forward, we believe that the CPIL will ultimately be able to see sharper market share gains in the toothpastes segment on the back of higher ad-spends, new product launches, strong brand and wide distribution network. Thus, we are positive on stock."
Shares of COLGATE-PALMOLIVE (INDIA) LTD. was last trading in BSE at Rs.1416.85 as compared to the previous close of Rs. 1447. The total number of shares traded during the day was 20243 in over 1830 trades.
The stock hit an intraday high of Rs. 1460.35 and intraday low of 1415. The net turnover during the day was Rs. 29037819.