BUZZ-Colgate-Palmolive (India) drops on weak first-quarter results

Reuters

2025/07/23

** Colgate-Palmolive (India) COLG.NS drops 3% to 2,312.80 rupees

** Toothpaste maker reported lower Q1 profit on stiff competition and a slow urban demand

** Jefferies ("buy," PT: 2,700 rupees) says Q1 results were a miss and COLG's volume decline is a key disappointment

** Investec ("sell," PT: 2,366 rupees) says decline was most in the toothpastes business, adding that it expects continued demand stress with gradual recovery only seen from second half of 2025

** Avg rating of 31 analysts on COLG at "hold"; median PT is 2,542 rupees - data compiled by LSEG

** Stock extends YTD decline to 14%

(Reporting by Kashish Tandon in Bengaluru)

((Kashish.tandon@thomsonreuters.com))

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median PT is 2,542 rupees - data compiled by LSEG</p><p>** Stock extends YTD decline to 14%</p><p> (Reporting by Kashish Tandon in Bengaluru)</p><p> ((Kashish.tandon@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2360032135.SGD","symbol_name":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250723:nL4N3TK0DC:1","article_id":"2553296581","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2553296581","pubTimestamp":1753246347,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Colgate-Palmolive  drops on weak first-quarter results** Colgate-Palmolive  COLG.NS drops 3% to 2,312.80 rupees** Toothpaste maker reported lower Q1 profit on stiff competition and a slow urban demand** Jefferies  says Q1 results were a miss and COLG's volume decline is a key disappointment** Investec  says decline was most in the toothpastes business, adding that it expects continued demand stress with gradual recovery only seen from second half of 2025** Avg rating of 31 analysts on COLG at \"hold\"; 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