Colgate-Palmolive (India) hits record high

Colgate-Palmolive (India)

14/03/2024 08:53

** Shares of Colgate-Palmolive (India)  COLG.NS  up 3.9% to
hit a record high
    ** Reuters could not immediately ascertain a reason for the
stock move
    ** Stock last up 3.4%, set to snap two-day losing streak
    ** COLG's losing run also included a 1.2% fall on Weds amid
profit booking in broader markets
    ** At least 26 analysts have hiked PT on "hold"-rated stock
since it reported a Q3 profit jump on Jan. 22 - LSEG
    ** Median PT at 2,315 rupees vs 2,020 rupees two months ago
- LSEG
    ** COLG up 5% YTD; stock has gained for two straight years
    

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))