Add Colgate-Palmolive (India), target price Rs 1600: ICICI Securities

Add Colgate-Palmolive (India), target price Rs 1600: ICICI Securities

news image

Synopsis

Colgate-Palmolive (India) Ltd., incorporated in the year 1937, is a Large Cap company (having a market cap of Rs 39291.04 Crore) operating in FMCG sector.

ETRetail
Promoters held 51.0 per cent stake in the company as of 30-Sep-2021, while FIIs owned 19.14 per cent, DIIs 7.41 per cent.

ICICI Securities has add call on Colgate-Palmolive (India) with a target price of Rs 1600. The current market price of Colgate-Palmolive (India) is Rs 1444.9.

Time period given by analyst is one year when Colgate-Palmolive (India) Ltd. price can reach defined target.

Colgate-Palmolive (India) Ltd., incorporated in the year 1937, is a Large Cap company (having a market cap of Rs 39291.04 Crore) operating in FMCG sector.

Colgate-Palmolive (India) Ltd. key Products/Revenue Segments include Personal Care, Service Income and Scrap for the year ending 31-Mar-2021.

Financials

For the quarter ended 30-09-2021, the company reported a Standalone Total Income of Rs 1358.93 Crore, up 16.03 % from last quarter Total Income of Rs 1171.18 Crore and up 5.09 % from last year same quarter Total Income of Rs 1293.05 Crore. Company reported net profit after tax of Rs 269.17 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 51.0 per cent stake in the company as of 30-Sep-2021, while FIIs owned 19.14 per cent, DIIs 7.41 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

moreless

Pick the best stocks for yourself

Powered by

  • Where are Bank Nifty stocks headed? ​Here's what analysts predict

    2 mins read

  • 5 stocks with consistent score improvement and upside potential of up to 38%

    5 mins read

  • Check out how bank stocks are faring according to Stock Reports Plus

    3 mins read

  • Bullish on banks? Find out what analysts are saying about Nifty Bank stocks

    3 mins read

  • Check out which Nifty50 stocks analysts recommend buying this week

    2 mins read

  • Weekly Top Picks: Stocks with 10 on 10 score on Stock Reports Plus

    2 mins read

  • Looking to bet on banks? Here are top recommendations from analysts

    3 mins read

  • Largecap stocks that can rally up to 45% in next 12 months

    4 mins read

SynopsisColgate-Palmolive (India) Ltd., incorporated in the year 1937, is a Large Cap company (having a market cap of Rs 39291.04 Crore) operating in FMCG sector.ETRetailPromoters held 51.0 per cent stake in the company as of 30-Sep-2021, while FIIs owned 19.14 per cent, DIIs 7.41 per cent.ICICI Securities has add call on Colgate-Palmolive (India) with a target price of Rs 1600. The current market price of Colgate-Palmolive (India) is Rs 1444.9. Time period given by analyst is one year when Colgate-Palmolive (India) Ltd. price can reach defined target. Colgate-Palmolive (India) Ltd., incorporated in the year 1937, is a Large Cap company (having a market cap of Rs 39291.04 Crore) operating in FMCG sector. Colgate-Palmolive (India) Ltd. key Products/Revenue Segments include Personal Care, Service Income and Scrap for the year ending 31-Mar-2021. Financials For the quarter ended 30-09-2021, the company reported a Standalone Total Income of Rs 1358.93 Crore, up 16.03 % from last quarter Total Income of Rs 1171.18 Crore and up 5.09 % from last year same quarter Total Income of Rs 1293.05 Crore. Company reported net profit after tax of Rs 269.17 Crore in latest quarter. Promoter/FII Holdings Promoters held 51.0 per cent stake in the company as of 30-Sep-2021, while FIIs owned 19.14 per cent, DIIs 7.41 per cent. (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.) Download The Economic Times News App to get Daily Market Updates & Live Business News….morelessPick the best stocks for yourself Powered by 2 mins read5 mins read3 mins read3 mins read2 mins read2 mins read3 mins read4 mins read

Leave a Reply

Your email address will not be published. Required fields are marked *