Colgate-Palmolive (India) gains after fixing record date for bonus issue

Colgate-Palmolive (India) rose 1.27% to Rs 1,879.80 at 09:16 IST on BSE after the company fixed 24 September 2015 as the record date for the purpose of allotment of 1:1 bonus shares to the existing shareholders.

Colgate-Palmolive (India) made the announcement after market hours on Friday, 11 September 2015

Meanwhile, the S&P BSE Sensex was down 40.13 points or 0.16% at 25,570.08

On BSE, so far 254 shares were traded in the counter as against average daily volume of 20,332 shares in the past one quarter.

The stock hit a high of Rs 1,880 and a low of Rs 1,874 so far during the day. The stock had hit a 52-week low of Rs 1,572.45 on 11 September 2014. The stock had hit a record high of Rs 2,198.50 on 15 April 2015.

The large-cap company has equity capital of Rs 13.60 crore. Face value per share is Rs 1.

Colgate-Palmolive (India)'s net profit declined 15.3% to Rs 114.28 crore on 5.5% growth in net sales to Rs 1002.91 crore in Q1 June 2015 over Q1 June 2014.

Colgate-Palmolive (India) makes oral care products.

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