Colgate-Palmolive Q4 results: Net profit at Rs 204.15 crore

Colgate-Palmolive Q4 results:

On May 21st, at Rs 204.15 crore, the Colgate-Palmolive detailed a 3.32% expansion in net benefit throughout the year because of a fall in general to spend on the quarter finished March 31st.

In correlation, with 8% of the volumes dropping due to Covid-19 's progressing position, the organization indicated a 7.40% YoY decline in net deals at Rs 1,062.4 crore.

Over the Q4FY20 Rs. 885.16 crore was the complete interest in Q4FY19 at Rs 856.54 crore. The organization additionally made a second Rs 16 dividend per share of Rs 435.18 crore.

Slam Raghavan, Overseeing executive of Colgate-Palmolive (India), remarked on Q4 results, "the lockdown affected our business, which appeared by our exhibition."

After the organization's quarterly outcomes discharged, its offers have declined over 3% to Rs 1,310.

Moreover, on May 21st, the portion of Colgate-Palmolive (India) Constrained exchanged with the bearish pattern. It exchanged with lost 31.00 focuses arrived at 1,320.00 INR with 2.29% down in NSE. While in BSE, it exchanged with lost 30.00 focuses arrived at 1,321.60 INR with 2.22% down.



May 21st Stock Market Sensex and Nifty 

May 21st Securities exchange: On the fourth day of the week, the stock market exchanging with the bullish pattern. The Sensex exchanges with an addition of 87.88 focuses arrived at a 30,906.49 level with 0.29% up. While, Nifty exchanged with an increase of 26.15 focuses arrived at 9,092.70 level with 0.29% up.

In the fringe advertise, the S&P BSE Midcap exchanged with an increase of 38.87 focuses arrived at 11,317.09 level with 0.34% up. Though, S&P BSE SmallCap exchanged with an addition of 74.21 focuses arrived at 10,546.58 level with 0.71% up. Simultaneously, Clever bank exchanged with lost 155.85 focuses arrived at 17,684.35 with 0.87% down.

Top Picking up Stocks: Legend Motocorp, Hindalco Businesses, Bharti Infratel, ITC, and Maruti Suzuki India Ltd.

Top Losing Stocks: Shree Concrete, NTPC, Grasim Businesses, Dr.Reddy's Research centers, and Larsen and Toubro Ltd.

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