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HDFC Securities has add call on Colgate-Palmolive (India) with a target price of Rs 1809.

The current market price of Colgate-Palmolive (India) Ltd. is Rs 1656.7. Time period given by analyst is one year when Colgate-Palmolive (India) Ltd. price can reach defined target.

Colgate-Palmolive (India) Ltd., incorporated in the year 1937, is a Large Cap company (having a market cap of Rs 45095.22 Crore) operating in FMCG sector.

Financials
For the quarter ended 30-06-2021, the company reported a Standalone Total Income of Rs 1171.18 Crore, down -9.20 % from last quarter Total Income of Rs 1289.81 Crore and up 11.87 % from last year same quarter Total Income of Rs 1046.90 Crore. Company reported net profit after tax of Rs 233.23 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 51 per cent stake in the company as of June 30, 2021, while FIIs held 18.6 per cent, DIIs 8.5 per cent and public and others 21.9 per cent.

(Disclaimer: Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.

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