Shares of Colgate-Palmolive (India) Ltd. traded 0.47 percent up at Rs 1418.6 at around 12:04PM (IST) on Thursday. The stock had closed at Rs 1425.35 in the previous session. Equity benchmark Sensex traded 116.35 points lower at 40590.96 around the same time.

                                 

The scrip has declined 7.58 percent in the last year to date, while the 30-share index has gained 3.28 percent during the same period.


Trading volume on the counter stood at 108,949 shares, while it quoted a price-to-earnings ratio of 44.08, an EPS value of 32.19, and a price-to-book value of 27.81. In the Nifty50 pack, 22 stocks traded in the green, while 28 stocks were in the red.


Promoter/FII Holding
Promoters held a 0.0 percent stake in the company as of 30-Sep-2020, while foreign institutional investors and MF ownership stood at 15.67 percent and 3.98 percent, respectively.


Key Financials
For the quarter ended 30-Sep-2020, the company reported consolidated sales of Rs 1277.66 crore, up 23.61 percent from the previous quarter's Rs 1033.6 crore and up 5.31 percent from the year-ago quarter's Rs 1213.21 crore. The company reported a net profit of Rs 274.19 crore for the latest quarter.

Technical Indicators
The MACD signaled a bearish bias on the counter. The 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. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.