MoneyWorks4Me

Colgate Palmolive rises on reporting 74% jump in Q3 net profit

23 Jan 2012 Evaluate

Colgate Palmolive (India) is currently trading at Rs 993.10, up by 32.45 points or 3.38% from its previous closing of Rs 960.65 on the BSE.

The scrip opened at Rs 960.00 and has touched a high and low of Rs 1013.00 and Rs 960.00 respectively. So far 109198 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 1084.30 on 04-Nov-2011 and a 52 week low of Rs 783.20 on 02-Feb-2011.

Last one week high and low of the scrip stood at Rs 1013.00 and Rs 932.00 respectively. The current market cap of the company is Rs 13198.10 crore.

The promoters holding in the company stood at 51.00% while Institutions and Non-Institutions held 26.96% and 22.04% respectively.  

Colgate Palmolive (India) has posted a surge of 74.49% in its net profit after tax of Rs 115.58 crore for the quarter ended December 31, 2011 as compared to Rs 66.24 crore for the same quarter in the previous year. Total income has increased by 19.40% from Rs 585.88 crore for Q3FY11 to Rs 699.52 crore in the quarter under review.

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 company catering to the personal care products.

Peers