Encouraging signs of demand recovery for Colgate Palmolive

Shares of Colgate Palmolive (India) Ltd have been fairly resilient during these pandemic times. The shares are about 11% away from its pre-covid high of ₹1,514.35 apiece seen on 24 January on NSE. The Colgate stock currently trades at about 38 times estimated earnings for financial year 2022, based on …

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