Colgate-Palmolive (India) Stock Reaches All-Time High, Continues Strong Performance in FMCG Market

Aug 24 2024 09:20 AM IST
share
Share Via
Colgate-Palmolive (India) Ltd's stock price has reached an all-time high on August 24, 2024, according to leading stock analysis platform MarketsMojo. The stock is currently trading above its moving averages and has outperformed the Sensex by 81.62% in the past year, solidifying its position as a top-performing FMCG company.


Colgate-Palmolive (India) Ltd, a leading FMCG company, has reached a new milestone as its stock price touched an all-time high on August 24, 2024. This comes as no surprise, as the company has been consistently performing well in the market.

According to MarketsMOJO, a leading stock analysis platform, the stock call for Colgate-Palmolive (India) is 'Buy'. This is a testament to the company's strong financials and positive outlook in the market.

The stock price of Colgate-Palmolive (India) has been on an upward trend, with the latest 52-week high being Rs. 3624. However, the stock saw a slight dip today, underperforming the sector by -1.65%. This could be attributed to profit booking by investors after 6 consecutive days of gains.

Despite the dip, the stock is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong bullish trend for Colgate-Palmolive (India) in the market.

In the past year, the company's stock has outperformed the Sensex by a significant margin, with a 1-year performance of 81.62% compared to the Sensex's 23.92%. This further solidifies Colgate-Palmolive (India) as a top-performing largecap company in the FMCG industry.

With its consistent growth and positive market outlook, Colgate-Palmolive (India) continues to be a strong player in the FMCG sector. Investors can look forward to a promising future with this company.
{{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