Colgate India shares drop 3% after Q1 miss, hit by stiff competition and sluggish urban demand in the toothpaste segment.

• Jefferies calls results disappointing; volume drop a concern despite “buy” rating and ₹2,700 target.
• Investec sees demand stress persisting, expects recovery only in H2 FY26; maintains “sell” call.
• Stock down 14% YTD; analyst consensus rating is “hold” with ₹2,542 median price target.