Colgate-Palmolive (India) Reaches New Milestone with All-Time High Stock Price

Colgate-Palmolive (India) Ltd, a leading FMCG company, has reached a new milestone as its stock price touched an all-time high of Rs.2579.85 on January 23, 2024. This comes as the company continues to perform well in the market, with its stock gaining 3.6% in the last two days and outperforming the sector by 1.8% today.

According to MarketsMOJO, a leading stock analysis platform, the current recommendation for Colgate-Palmolive (India) is 'Hold'. The stock has been consistently gaining for the past two days and is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Colgate-Palmolive (India) has shown a strong performance with a 70.60% increase in its stock price, while the Sensex has only seen an 18.16% growth. This showcases the company's ability to deliver consistent returns to its investors.

As a largecap company in the FMCG industry, Colgate-Palmolive (India) has established itself as a strong player in the market. With its recent all-time high stock price, the company continues to prove its resilience and potential for growth. Investors can keep a close eye on the stock as it continues to perform well in the market.