Colgate India Shares Dip on Weak Results

  Published 1 year ago

Colgate Palmolive India shares fell 4.3% after reporting a Q4 profit and revenue decline. Analysts at Nomura now predict a 2% drop in toothpaste volumes, citing continued strain in the near term. Despite a 'hold' rating, the stock is now in YTD losses.

  • Q4 profit down 6.5%, revenue fell 2%.
  • Nomura forecasts a 2% volume decline.
  • Stock is now down 0.8% year to date.

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