Economy · India
Colgate-Palmolive Shares Decline After Investor Day Event
Colgate-Palmolive's shares fell over 2% following its Investor Day 2026 event. Investors are evaluating the company's strategy, which includes increased brand investments, against its long-term growth and profitability projections. Brokerages offered mixed reactions: Goldman Sachs maintained a Neutral view, while Motilal Oswal and Nuvama reiterated Buy ratings. Jefferies maintained a bullish outlook despite the share drop. The company recently reported a 7% year-on-year rise in consolidated net profit to ₹343.08 crore in Q1FY27.
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- Centre (3): Business Standard, The Economic Times, The Hindu BusinessLine