Colgate Palmolive gains on good Q2 numbers
By IRIS
30th October 2012 10:18 AM
Colgate Palmolive (India) gained on
Tuesday after it reported good Q2 earnings.
The company reported a rise of 45.55% in a net profit due to
higher net sales during the quarter. It has reported net profit to
Rs 1,450.8 million for the quarter ended Sept. 30, 2012 as compared
to Rs 996.8 million in the same period last year.
Shares of the company are trading at Rs
1,245.50, up Rs 11.95, or 0.97% at the Bombay Stock Exchange (BSE)
on Tuesday at 9:57 a.m.Total income has increased by 17.50% to Rs
7.92 billion for the quarter ended Sept. 30, 2012 from Rs 6.74
billion in the year ago period.The scrip has touched an intra-day
high of Rs 1,261.00 and low of Rs 1,240.10. The total volume of
shares traded at the BSE is 7,967.In the earlier session, the
shares gained 0.45%, or Rs 5.5, at Rs 1,233.55. Currently, the
stock is trading down 1.46% from its 52-week high of Rs 1,264 and
above 33.64% over the 52-week low of Rs 932.
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