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Colgate-Palmolive’s Q1 net profit down 11pc; stock Up

Colgate-Palmolive’s Q1 net profit down 11pc; stock Up : The FMCG major Colgate-Palmolive India Ltd reported its Q1 earning results, during market hours Thursday. Accorodingly, the Compony's its net profit in the First quarter April-June period slowed to 10.76% to Rs.169.11-Cr from Rs.189.51-Cr during the corresponding quarter year ago. However, its sales in the June quarter scaled up 4% on a year-on-year to Rs.1075.99-Cr from Rs.1033.55-Cr. Shares of Colgate-Palmolive rose at an intraday high level at Rs1221.70 per share, up by 4.55% on the NSE after it reported the results. The stock opened at Rs1168 and has touched a high and low of Rs1,222 and Rs1153.15, respectively At 3.20pm, the stock was trading at Rs1206.50 up by 3.37%, outperforming the Nifty Whcih was down 87% lower at 11605 and the Sensex down 286 points at 38928.

Brief on Bombay Stock Exchange

The Bombay Stock Exchange, BSE is the short name, is an Indian Stock Exchange that located in dream city “Mumbai”. This is founded by Prem Chand Roychande on 9 th July 1875. He is the most influential business in the 19the century, also known as the Cotton King and the Bullion King. The BSE is Asia’s first and world’s 10 th largest stock exchange with the market capitalization of more than $5 trillion. Bombay Stock Exchange lists more than 6000 companies, it has a a big role in an Indian financial market. In 1995, the BSE transformed from an open floor to an Electronic trading system and dominated the financial industry  

How To Start Trading in the Stock Market

Everyone wants to invest and grow their capital, but they are always confused where should I invest, but nowadays many options are available where they can make good returns through some information. The stock market is one of the good options in the case of investment, but most of the people are panic about stock trading due to not having proper awareness in India. They have some misconception about trading, they think “it is a black hole where they will lose all their capital, but it is not correct facts, trading is a different kind of business where   If you thought to join the share market, then follow the given steps Should have knowledge of multiple sources for getting information about the market. Open a Trading and Demat Account First of all Search a good broker, we must suggest to you about going on Zerodha , Angel Broking and Upstox , etc. It provides the best platform to trade like as mobile software and PC software for trading, they also provid