People may consider investing in Colgate-Palmolive (India) Ltd. stock for various reasons, including:
Colgate-Palmolive (India) Ltd. is a publicly-traded company on the BSE (Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. The company's stock history can be traced back to the early 1980s, when it was first listed on the BSE.
To buy Colgate-Palmolive (India) Ltd. stock, you will need to follow these steps of first signing up with a broker like Motilal Oswal. The next step is to open a demat account which has to be linked to a trading account to undertake the buying and selling of shares.
Colgate-Palmolive (India) Ltd. is a well-established company that operates in the fast-moving consumer goods (FMCG) sector in India. The company has a strong brand presence and a diversified product portfolio. Investors could consider investment based on their financial needs and goals.
Below are some factors that you may consider when deciding whether it could be a good time to invest in Colgate-Palmolive (India) Ltd. stock:
As on April 2023, The ROE of Colgate-Palmolive is 74%
The FMCG sector in India is expected to grow over the long term because of variables like increasing disposable incomes, growth of the population and changing consumer preferences. Colgate-Palmolive (India) Ltd. appears to be well-positioned to benefit from this potential growth trend.