Nandish Shah Moneycontrol Research Highlights -Results above expectations -Toothpaste segment saw positive growth -Valuation demanding, wait for a better entry point Colgate Palmolive’s (Colgate) (CMP: Rs 1,448; Market capitalization: Rs 39,390crore) quarterly results were above the Street’s expectations. Reduced advertisement expenses and lower effective tax rate saved the day for the company. June quarter performance Colgate’s revenue growth declined year on year but the toothpaste business delivered positive sales growth for the quarter which reflects the brand’s strength. The toothbrush category, that is more discretionary in...
Moneycontrol Pro Panorama | Can somebody call the bottom by now?
Jun 27, 2022 / 06:35 PM IST
In today’s edition of Moneycontrol Pro Panorama: The bounce in markets, Fintech trouble, Zomato-Blinkit, IT's defensive traits and more
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Stock markets are celebrating the turn in inflation, but the bond markets are looking at the coming slowdown
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