Colgate-Palmolive stock price: Colgate-Palmolive shares gain 0.74% as Sensex falls

The shares of (India) Ltd. traded up 0.74% to Rs 1414.5 at 13:35 (IST) on Tuesday, even as the BSE benchmark Sensex fell 79.14 points to 57412.37.

The title had settled at Rs 1404.05 during the previous session. The stock quoted a 52-week high of Rs 1823.0 and a 52-week low of Rs 1375.55, respectively. According to BSE data, the total trading volume on the counter till 13:35 (IST) stood at 12,634 shares with a turnover of Rs 1.76 crore.

At the current price, the stock traded at 36.12 times its 12-month EPS of Rs 39.17 per share and 36.38 times its price-to-book ratio, according to exchange data.



A higher P/E ratio shows that investors are willing to pay a higher price today due to growth expectations in the future.

The price-to-book ratio indicates the inherent value of a company and reflects the price investors are willing to pay even if the company does not grow. The stock’s beta, which measures its volatility relative to the broader market, was 0.52.

Shareholding details

The promoters held 0.0% of the company’s capital as of December 31, 2021, while the FIIs held 18.02% and the DIIs 2.86%.

Techniques

On the technical charts, the relative strength index (RSI) of the stock stands at 38.28. The RSI oscillates between zero and 100. Traditionally, it is considered an overbought condition when the RSI value is above 70 and an oversold condition when it is below 30. Chartists say that the RSI should not be considered in isolation, as it may not be enough to take a trade call, just as fundamental analysts cannot give a “buy” or “sell” recommendation using a single valuation ratio.

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