Exit Colgate Palmolive: Gaurang Shah

Gaurang Shah of Geojit Financial Services told CNBC-TV18, "In Colgate Palmolive our targets are also in place. So, I would recommend a switch either to Hindustan Unilever (HUL) or something like a Godrej Consumer Products. These again both investment ideas in the FMCG pack are from long term."

At 15:27 hrs Colgate Palmolive (India) was quoting at Rs 1,125, up Rs 10, or 0.90 percent.

The share touched its 52-week high Rs 1,175.50 and 52-week low Rs 877.50 on 13 September, 2017 and 15 February, 2017, respectively.

Currently, it is trading 4.3 percent below its 52-week high and 28.21 percent above its 52-week low.