Aug 26, 2011, 05.07 PM | Source: CNBC-TV18
Short term investors should exit Colgate, says Sharmila Joshi of Fairwealth securities.
Sharmila Joshi (more)
, sharmilajoshi.com | Capital Expertise: Equity - Fundamental ,IPO
Joshi told CNBC-Awaaz, “Short term investors should exit Colgate. There is no any indication of upside in stock in the short term.”
She further added, “Long term investors can hold Colgate. It can give good return in long run.”
The company's trailing 12-month (TTM) EPS was at Rs 28.02 per share. (Jun, 2011). The stock's price-to-earnings (P/E) ratio was 33.94. The latest book value of the company is Rs 28.24 per share. At current value, the price-to-book value of the company was 33.68. The dividend yield of the company was 2.31%.
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The board of directors of the company in a meeting
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