Colgate-Palmolive (India) Ltd's Stock Sees Decline, But Long-Term Performance Remains Positive

Oct 17 2024 03:15 PM IST
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Colgate-Palmolive (India) Ltd, a leading FMCG company in India, saw a -3.39% decline in its stock price on October 17, 2024. The stock has been on a downward trend for the past four days, with a total fall of -7.41%. Despite this, the stock is still performing well in the long term and is currently trading higher than its 100-day and 200-day moving averages. MarketsMojo has given a 'Hold' call for the stock, indicating steady performance in the near future.


Colgate-Palmolive (India) Ltd, a leading FMCG company in India, saw a decline of -3.39% in its stock price on October 17, 2024. The stock has been on a downward trend for the past four days, with a total fall of -7.41% during this period. The stock's performance today was also lower than the sector average by -0.64%.

Despite the recent decline, Colgate-Palmolive (India) Ltd's stock is still performing well in the long term. It is currently trading higher than its 100-day and 200-day moving averages, indicating a positive trend. However, it is currently lower than its 5-day, 20-day, and 50-day moving averages.

On October 17, 2024, the stock touched an intraday low of Rs 3394.05, showing a decline of -2.57%. The stock's performance today was -3.39%, while the Sensex's performance was -0.59%. In the past month, Colgate-Palmolive (India) Ltd's stock has seen a decline of -7.99%, while the Sensex has seen a decline of -2.48%.

Despite the recent decline in stock price, MarketsMOJO has given a 'Hold' call for Colgate-Palmolive (India) Ltd's stock. This indicates that the stock is expected to perform steadily in the near future. As a leading FMCG company in India, Colgate-Palmolive (India) Ltd continues to maintain its position in the market and is a strong player in the industry.
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