Colgate-Palmolive Stock Plunges 7%, Biggest Drop in Nine Months: Unpacking Key Concerns and Triggers

•Colgate-Palmolive (India) Ltd. shares fell 7% on Wednesday, March 11, marking the biggest single-day drop in nine months and making it the worst Nifty 500 performer.

•The stock slipped below its 100-Day Moving Average (₹2,161) and 50-DMA (₹2,144), and is down 45% from its all-time high of ₹3,893 in October 2024.

•Concerns include slower growth than peers, inverted duty structure, and competition impacting margins, leading to negative sales growth in recent quarters.

•Despite challenges, the company saw early signs of pick-up in January, driven by the premium segment, and expects accelerated growth ahead.

•Analysts are divided: 8 'buy', 12 'hold', 13 'sell' ratings, with price targets ranging from ICICI Securities' ₹1,800 to Nuvama's ₹2,740.

Colgate-Palmolive Shares Plunge 7%, Biggest Drop in 9 Months: Key Concerns Emerge

Colgate-Palmolive Shares Plunge 7%, Biggest Drop in 9 Months: Key Concerns Emerge

More like this

Nifty Rebounds 233 Points, Faces 24,300 Hurdle; Oil Remains Key Factor

Market Bloodbath: Sensex, Nifty See Biggest Weekly Fall in Over a Year; PSU Banks Plunge 6%

Sensex Crashes 1,600 Pts, Nifty Below 24,400 Amid Iran Crisis & Global Sell-off

Markets Log Third-Worst Weekly Fall of 2026; Nifty IT Plunges 19% in February

More like this

More like this

Nifty Rebounds 233 Points, Faces 24,300 Hurdle; Oil Remains Key Factor

Market Bloodbath: Sensex, Nifty See Biggest Weekly Fall in Over a Year; PSU Banks Plunge 6%

Sensex Crashes 1,600 Pts, Nifty Below 24,400 Amid Iran Crisis & Global Sell-off

Markets Log Third-Worst Weekly Fall of 2026; Nifty IT Plunges 19% in February

Colgate-Palmolive Shares Plunge 7%, Biggest Drop in 9 Months: Key Concerns Emerge

Colgate-Palmolive Shares Plunge 7%, Biggest Drop in 9 Months: Key Concerns Emerge

More like this

Nifty Rebounds 233 Points, Faces 24,300 Hurdle; Oil Remains Key Factor

Indian Stock Market Crashes: Sensex Plunges 1,097 Pts, Rs 3 Lakh Cr Lost; 5 Key Reasons

Market Bloodbath: Sensex, Nifty See Biggest Weekly Fall in Over a Year; PSU Banks Plunge 6%

Share Market Plunges: Sensex Dips 1,250 Points, Nifty Below 25,400 on 5 Key Reasons

Sensex Crashes 1,600 Pts, Nifty Below 24,400 Amid Iran Crisis & Global Sell-off

Markets Log Third-Worst Weekly Fall of 2026; Nifty IT Plunges 19% in February

More like this

More like this

Nifty Rebounds 233 Points, Faces 24,300 Hurdle; Oil Remains Key Factor

Indian Stock Market Crashes: Sensex Plunges 1,097 Pts, Rs 3 Lakh Cr Lost; 5 Key Reasons

Market Bloodbath: Sensex, Nifty See Biggest Weekly Fall in Over a Year; PSU Banks Plunge 6%

Share Market Plunges: Sensex Dips 1,250 Points, Nifty Below 25,400 on 5 Key Reasons

Sensex Crashes 1,600 Pts, Nifty Below 24,400 Amid Iran Crisis & Global Sell-off

Markets Log Third-Worst Weekly Fall of 2026; Nifty IT Plunges 19% in February