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Colgate stares at near-term growth woes after a dull Q3
Mint Bangalore
|January 30, 2025
No cheer
Shares of Colgate-Palmolive (India) Ltd have fallen about 30% from their 52-week high of ₹3,890 on 30 September. This decline isn't without cause.
"Enhanced execution by the management in the core portfolio has helped Colgate re-rate in the past," pointed out an Emkay Global Financial Services report. "But given the demand pressure, surge in competitive intensity, and peak margin, the stock has seen a de-rating in the last four months."
Dit verhaal komt uit de January 30, 2025-editie van Mint Bangalore.
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