Colgate shares pop 6% after reporting Rs 364 crore Q1 profit. Should you invest?
Shares of Colgate Palmolive (India) surged nearly 6% to a new all-time high of Rs 3,397.95 on the BSE after the company reported a 33% year-on-year (YoY) increase in net profit, reaching Rs 364 crore. The rise was driven by price hikes and steady domestic demand. Despite Colgate Palmolive raising prices to offset higher raw…
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