Colgate-Palmolive (India) Ltd. Share Price Target – 2023, 2024, 2025, 2026 and 2030

You’ve come to the right spot if you’re interested in finding out the future share price targets for Colgate-Palmolive (India) Ltd. But before we get into the nitty-gritty of stock predictions, let’s take a step back. We’ll first explore what Colgate-Palmolive (India) is all about as a company, including its history and what it does. We’ll also look at some important technical details and fundamentals that could affect the stock price. This way, you’ll have a well-rounded understanding of the company, which will help you make more informed investment decisions.

About Colgate-Palmolive (India) Ltd.

Colgate-Palmolive (India) Ltd. is a subsidiary of Colgate-Palmolive Company, a leading consumer products company based in the US. The company was founded in India in 1937 and manufactures and markets a wide range of oral care, personal care, and home care products. Colgate-Palmolive (India) has a strong distribution network and serves customers across India. The company has received several awards for its products and services, including the ‘Most Trusted Brand’ award by Reader’s Digest. Colgate-Palmolive (India) also undertakes several initiatives in the areas of sustainability, education, and community outreach.

Fundamentals of Colgate-Palmolive (India) Ltd.

Let’s look at the fundamentals of Colgate-Palmolive (India), based on which we can get a clear understanding of the expertise in the Household & Personal Products sector.

• Current Market Cap: The current market cap of Colgate-Palmolive (India) as of 3/11/2023, is ₹ 39,878.53
• P/E Ratio: The current price-to-earning ratio of Colgate-Palmolive (India) is 37.82
• Sales Growth: Sales growth in last 1 year for Colgate-Palmolive (India) is 15.76 %
• Profit Growth: Profit growth is around 51.13 % in last 1 year

Colgate-Palmolive (India) Ltd. Share Price Target Details

We have done a complete analysis of Colgate-Palmolive (India) and have come up with its share price targets for upcoming years.

Colgate-Palmolive (India)’s Current Share Price is ₹1,466

Note: These price targets of “Colgate-Palmolive (India)” are only for reference purposes. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition are not covered in this analysis.

Colgate-Palmolive (India) share price target 2023

After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of Paytm we found

The target share price of Colgate-Palmolive (India) for the year 2023 will be ₹1776

Colgate-Palmolive (India) share price target 2024

The target share price of Colgate-Palmolive (India) for the year 2024 will be ₹1931

Colgate-Palmolive (India) share price target 2025

The target share price of Colgate-Palmolive (India) for the year 2025 will be ₹2086

Colgate-Palmolive (India) share price target 2026

The target price of Colgate-Palmolive (India) for the year 2026 will be ₹2241

Colgate-Palmolive (India) share price target 2027 to 2030

The target share price of Colgate-Palmolive (India) for the years 2027, 2028, 2029, and 2030 will be ₹2396, ₹2551, ₹2706, and ₹2861 respectively.

Technical Analysis of Colgate-Palmolive (India) Ltd

• The current stock price as of September 22 is ₹2,001.

52-Week High and Low

• 52-week High: ₹2,062
• 52-week Low: ₹1,435

Bullish Targets

1. Initial Target: ₹2,100
   • Reason: The stock is showing a strong upward trend, and the initial target is set based on the recent highs and support levels.
2. Intermediate Target: ₹2,200
   • Reason: If the stock breaks the initial resistance, the next target is set based on Fibonacci retracement levels.
3. Advanced Target: ₹2,300
   • Reason: This is an optimistic target based on long-term trend analysis and moving averages.

Bearish Targets

1. Initial Target: ₹1,900
   • Reason: If the stock breaks below the current support level, the initial bearish target is set.
2. Intermediate Target: ₹1,800
   • Reason: Further decline could lead to this target based on historical lows.
3. Advanced Target: ₹1,700
   • Reason: This is a pessimistic target based on worst-case scenario analysis.

Here’s the bar chart representing the quarterly revenue results for Colgate-Palmolive (India) Ltd:

Conclusion

The stock has shown a consistent performance with a high ROCE of 79.1% and ROE of 61.2%. However, it’s trading at a high P/E ratio of 48.3, which could be a concern. The dividend yield is at 1.95%, making it a somewhat attractive option for income investors. Based on the technical indicators and financial statements, the stock has both bullish and bearish potentials.

Investing in this stock could be beneficial for long-term investors given its strong financials. However, due to its high P/E ratio, it might be overvalued, so proceed with caution.