Neutral on Colgate-Palmolive (India), target price Rs 3,250: Motilal Oswal Financial Services
Motilal Oswal Financial Services has a neutral stance on Colgate-Palmolive (India) with a target price of Rs 3250. The company reported a standalone total income of Rs 1695.09 crore and a net profit of Rs 395.05 crore for the quarter ended 30-09-2024. Its volume growth has historically lagged behind peers, and maintaining margin sustainability will be crucial.