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Colgate Palmolive: Another quarter of subdued performance

Nandish Shah   •

Investors need to watch for the growth strategy under the new CEO at Colgate Palmolive

Colgate Palmolive | CMP: Rs 1,571 | The scrip rose over 2 percent despite the firm reporting 10% fall in its Q1FY23 net profit at Rs 209.7 crore versus Rs 233.2 crore and revenue was up 2.7% at Rs 1,197 crore versus Rs 1,166 crore, YoY.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More