The research firm has cut earnings by 1 percent to build in higher ad spends and lower margin
Most analysts on D-Street expect the government to continue with its policy push to revive economic growth and demand by focusing on boosting disposable income.
Hello Products, founded in 2009, sells various lines of vegan toothpastes and mouthwashes, some which are infused with hemp seed oil - another benefit for Colgate as demand for products based on cannabis derivatives grows.
Motilal Oswal is bullish on Colgate has recommended buy rating on the stock with a target price of Rs 1400 in its research report dated July 18, 2019.
Colgate is asking minority shareholders to approve royalty payments to its parent. A lower royalty outgo would give it more firepower in its battle to retain its market supremacy
The stock has corrected by 24 percent from its 52-week high and trades at 41 times FY20 estimated earnings
Net Sales are expected to increase by 7.4 percent Y-o-Y (up 6.7 percent Q-o-Q) to Rs. 1,173 crore, according to Kotak.
Patanjali’s threat has been downplayed by the Street in recent years, as its performance has faltered and its competitive streak appears more subdued. Don’t write it off just yet, says the data
The stock had corrected significantly (down 25 percent from 52-week high) after the management’s Q2 commentary on rural outlook.
Management’s positive commentary on the steady rural growth outlook was the key relief from the result.
The company has been working on reducing costs, resulting in a 180 bps and 110 bps decline in raw material and employee cost, respectively, as a percentage of sales over the last six quarters
Motilal Oswal is bullish on Colgate has recommended buy rating on the stock with a target price of Rs 1540 in its research report dated January 24, 2019.
Net Sales are expected to increase by 8 percent Y-o-Y (down 4.5 percent Q-o-Q) to Rs. 1,115.8 crore, according to Kotak.
The breadth of the market favoured the advances with 831 stocks advancing and 685 declining while 532 remained unchanged. On the BSE, 889 stocks advanced, 625 declined and 77 remained unchanged.
Net Sales are expected to increase by 8 percent Y-o-Y (up 12.5 percent Q-o-Q) to Rs. 1,170 crore, according to HDFC Securities.
Net Sales are expected to increase by 10 percent Y-o-Y (down 1.5 percent Q-o-Q) to Rs. 1,080 crore, according to HDFC.
Net Sales are expected to decrease by 4.1 percent Y-o-Y (up 9.4 percent Q-o-Q) to Rs. 1,123.4 crore, according to ICICI Direct.