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Buy Colgate-Palmolive (India), target Rs 1,205: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on Colgate-P..

Independent analyst Kunal Bothra has a buy call on Colgate-Palmolive (India) Ltd. with a target price of Rs 1205. The current market price of Colgate-Palmolive (India) Ltd. is Rs 1173.35. Time period given by the analyst is Intra Day when Colgate-Palmolive (India) Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 1155. Colgate-Palmolive (India) Ltd., incorporated in 1937, has a market cap of Rs 31913.43 crore.

Colgate-Palmolive (India) Ltd. key Products/Revenue Segments include Personal Care which contributed Rs 4299.89 Crore to Sales Value (99.34 % of Total Sales), Service Income which contributed Rs 25.15 Crore to Sales Value (0.58 % of Total Sales) and Scrap which contributed Rs 3.38 Crore to Sales Value (0.07 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 31-03-2019, the company has reported a Standalone sales of Rs 1146.63 Crore, up 5.04 % from last quarter Sales of Rs 1091.63 Crore and up 5.67 % from last year same quarter Sales of Rs 1085.06 Crore Company has reported net profit after tax of Rs 197.59 Crore in latest quarter.Read More – Source
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