Colgate Palmolive Ltd has had a good run in recent quarters and continues to make efforts to boost growth. For perspective, about 55% of rural households do not brush daily and only 20% of urban households brush twice a day, leaving headroom for growth in the toothpaste category. Nevertheless, for the past three quarters, Colgate’s domestic net sales growth was …
Colgate Palmolive India share price touched a new 52-week high of ₹1,713.00 apiece on BSE on Monday following the oral care manufacturers Q4FY23 numbers reported on Friday. The company has achieved domestic growth of 5.4%, with toothpaste achieving high single-digit growth despite the category's continued weak demand trends, particularly in rural areas.” Let's take a look at the brokerage's comments …
