Colgate Palmolive (India) gains on planning introduce more brands in India from global portfolio
Colgate Palmolive (India) is currently trading at Rs 2433.00, up by 23.20 points or 0.96% from its previous closing of Rs 2409.80 on the BSE.
The scrip opened at Rs 2411.05 and has touched a high and low of Rs 2442.00 and Rs 2411.05 respectively. So far 2054 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 1 has touched a 52-week high of Rs 3893.00 on 04-Oct-2024 and a 52-week low of Rs 2324.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs 2442.00 and Rs 2365.00 respectively. The current market cap of the company is Rs 66087.07 crore.
The promoters holding in the company stood at 51.00%, while Institutions and Non-Institutions held 30.34% and 18.65% respectively.
Colgate Palmolive (India) has planned to introduce more brands in India from its global portfolio. The company, having presence in the country with two brands - Colgate and Palmolive - currently operates in the oral care and personal care, and is in ‘active ongoing conversation’ with the parent firm for expanding the portfolio. Recently, the oral care segment has witnessed heightened competition, where several brands have launched their toothpaste based on ingredients derived from traditional ayurveda and organic options.
Colgate Palmolive (India) has trusted brands for dental care, personal care, home care and professional oral care. The company is the fastest growing and one of the oldest companies catering to the personal care products.
