Colgate-Palmolive (India) Reaches All-Time High, Outperforms FMCG Sector

Jun 05 2024 09:55 AM IST
share
Share Via
Colgate-Palmolive (India) Ltd, a leading FMCG company, has reached an all-time high in its stock price on June 5th, 2024. Currently trading at Rs 2961.15, only 0.69% away from its 52-week high, the stock has outperformed the FMCG sector by 2.01%. With consecutive gains in the last 4 days and trading above its moving averages, the company has shown strong growth and stability in the past year. MarketsMojo suggests a 'Hold' call for the stock.


Colgate-Palmolive (India) Ltd, a leading FMCG company, has recently reached an all-time high in its stock price on June 5th, 2024. The stock is currently trading at a price of Rs 2961.15, which is only 0.69% away from its 52-week high. This positive performance has led MarketsMOJO to give a 'Hold' call for the stock.

In today's trading, Colgate-Palmolive (India) has outperformed the FMCG sector by 2.01%. The stock has been on a consecutive gain for the last 4 days, with a 11.18% increase in returns during this period. The day's high for the stock was Rs 2940.95, a 4.75% increase from its previous close.

Colgate-Palmolive (India) is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock. The FMCG sector as a whole has also seen a gain of 2.74%.

In the past year, Colgate-Palmolive (India) has shown a remarkable performance with a 83.14% increase in its stock price, while the Sensex has only seen a 14.69% increase. This showcases the strong growth and stability of the company in the FMCG industry.

Overall, Colgate-Palmolive (India) has shown a strong performance in the stock market and is currently trading at a high level. Investors may want to consider holding onto their shares for now, as suggested by MarketsMOJO.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News