Colgate-Palmolive shares 0.44 per cent in Tuesday's trading session

The Relative Strength Index of the stock stood at 19.41 on Tuesday.

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Shares of Colgate-Palmolive (India) Ltd. 0.44 per cent to Rs 2762.

50 in Tuesday's trade as of 01:02PM (IST) even as the benchmark Nifty ruled at 23754.85, 301.05 points.



The scrip had closed at Rs 2750.35 in the previous session. The stock quoted a 52-week low of Rs 2151.

55 and a high of Rs 3893.00. The company quoted a market-cap of Rs 74986.

44 crore on the BSE . On BSE, 4,965 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 51.

05 times its trailing 12-month EPS of Rs 54.01 per share and 27.81 times its book value.

The return on equity (ROE) stood at Rs 70.54. Key Financials For the quarter ended 30-Sep-2024, Colgate-Palmolive (India) Ltd.

reported consolidated sales of Rs 1695.0900 crore, 13.6 per cent from the same quarter a year ago.

The company reported 16.17 per cent YoY in net at Rs 395.05 crore for the latest quarter.

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Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio. (You can now subscribe to our ETMarkets WhatsApp channel ).