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.
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
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