Colgate share price has plunged 3% and is presently trading at Rs 3,560.8.
Meanwhile, the BSE FMCG index is at 22,685.8 (up 0.3%).
Among the top losers in the BSE FMCG index today are VST Industries (down 2.3%) and HATSUN AGRO PRODUCTS (down 2.3%).
Tata Coffee (up 3.6%) and GODREJ AGROVET (up 2.8%) are among the top gainers today.
Over the last one year, Colgate has moved up from Rs 2,028.0 to Rs 3,560.8, registering a gain of Rs 1,532.8 (up 75.6%).
On the other hand, the BSE FMCG index has moved up from 18,753.6 to 22,685.8, registering a gain of 21.0% during the last 12 months.
The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 209.9%), BOM.BURMAH (up 110.5%) and RADICO KHAITAN (up 75.7%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 81,953.8 (up 0.7%).
The top gainers among the BSE Sensex today are Tech Mahindra (up 2.7%) and L&T (up 2.4%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 25,112.6 (up 0.6%). Wipro and L&T are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,079.4 to 81,953.8, registering a gain of 15,874.4 points (up 24.0%).
Colgate net profit grew 33.0% YoY to Rs 3,640 million for the quarter ended June 2024, compared to a profit of Rs 2,737 million a year ago. Net sales rose 13.1% to Rs 14,967 million during the period as against Rs 13,237 million in April-June 2023.
For the year ended March 2024, Colgate reported 26.4% increase in net profit to Rs 13,237 million compared to net profit of Rs 10,471 million during FY23. Revenue of the company grew 8.7% to Rs 56,804 million during FY24.
The current Price to earnings ratio of Colgate, based on rolling 12 month earnings, stands at 68.5.
Equitymaster requests your view! Post a comment on "Colgate Plunges 3%; BSE FMCG Index Up 0.3%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!