Colgate-Palmolive (India) Ltd Reaches All-Time High Stock Price, Continues to Outperform Market

Sep 01 2024 09:20 AM IST
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Colgate-Palmolive (India) Ltd's stock price has reached an all-time high of Rs. 3696.05 on September 1st, 2024, with a 2.47% increase from the previous day. The company has consistently outperformed the sector and its moving averages, and has shown an impressive 1-year performance of 88.29% compared to the Sensex's 26.55% increase.

Colgate-Palmolive (India) Ltd, a leading FMCG company, has reached a new milestone as its stock price touched an all-time high of Rs. 3696.05 on September 1st, 2024. This comes as no surprise as the company has been consistently performing well in the market.

MarketsMOJO, a renowned stock analysis platform, has given a 'Buy' call for Colgate-Palmolive (India) Ltd, further solidifying the company's positive outlook. The stock has also outperformed the sector by 1.38% and has been on a consecutive gain for the last 3 days, with a 2.77% increase in returns.

Intraday trading saw the stock reach a high of Rs. 3696.05, a 2.47% increase from the previous day. Colgate-Palmolive (India) Ltd is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In comparison to the Sensex, Colgate-Palmolive (India) Ltd has shown an impressive 1-year performance of 88.29%, while the Sensex has only seen a 26.55% increase. This showcases the company's strong growth and stability in the market.

With its consistent performance and positive outlook, Colgate-Palmolive (India) Ltd continues to be a top choice for investors in the FMCG industry. Its all-time high stock price is a testament to the company's success and potential for future growth.
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