Colgate-Palmolive (India) Ltd soars 1.37%, Gains for third straight session

Colgate-Palmolive (India) Ltd is up for a third straight session in a row. The stock is quoting at Rs 1683.5, up 1.37% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 2.01% on the day, quoting at 24442.75. The Sensex is at 78984.85, up 2.18%. Colgate-Palmolive (India) Ltd has dropped around 6.96% in last one month.

Meanwhile, Nifty FMCG index of which Colgate-Palmolive (India) Ltd is a constituent, has dropped around 2.85% in last one month and is currently quoting at 46264.05, up 0.5% on the day. The volume in the stock stood at 2.87 lakh shares today, compared to the daily average of 7 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 1693.7, up 2.16% on the day. Colgate-Palmolive (India) Ltd is down 22.55% in last one year as compared to a 4.18% fall in NIFTY and a 16.55% fall in the Nifty FMCG index.

The PE of the stock is 32.61 based on TTM earnings ending September 26.

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