Do you try to watch the share price target of Colgate Palmolive (India) Ltd for the years 2022, 2023, 2024, 2025, and 2030? so it is a golden opportunity to know about this share because this share is in a good performance. On the basis of research technical & fundamental, we have mentioned in this article more useful information for this share so please read this post carefully, I think this article will be helpful for you.
Colgate Palmolive is an American multinational company that deals in the sector of consumer products. The company specialized in the production distribution and provision of household, healthcare, personal care, and veterinary products. The founder of Colgate Palmolive is William Colgate and the present MD and CEO of Colgate Palmolive is Noel Wallace.
COLPAL Ltd Quarterly Report Analysis
When we go through the quarterly result, in the June quarter of the financial year June 2021, Company made net sales of around Rs.1,165.97 Cr. and made a profit after tax of around Rs.233.23 Cr. after giving all the taxes. In the September quarter of the financial year, 2021 company made sales of Rs.1,352.42 Cr. and make a profit after tax of around Rs.269.17 Cr. And in the December quarter of the same year that is 2021 company made sales of Rs.1,280.12 Cr. and make a profit after tax of Rs.252.33 Cr. After paying all the taxes as govt. norms we can see an increase in the profit amount from few quarters which is a good sign for a specific company and tell us about the present strength of the company that how they rule the market.
In the March quarter of 2022, the company made sales of around Rs.1,301.27 Cr. In which they made a profit after tax of about Rs.323.66 Cr. after paying all the taxes. In the June quarter of the financial year 2022, the company made sales of around Rs.1,196.81 Cr. through which they made a profit of about Rs.209.67 Cr. after paying all the taxes according to sector norms.
COLPAL Ltd Annual Report Analysis
To the data provided above Company make net sales of around Rs.3,981.82 Cr. in 2017 till the month of March through which the company make a profit of about Rs.577.43 Cr. In the following year which is 2018 till the month of March Company make net sales of Rs.4,187.98 Cr. through which the company makes a loss of Rs.673.37cr. after paying all the taxes according to sector norms.
In the year 2019 till March Month Company’s net sales are around Rs.4,462.43 Cr.by which the company makes a profit of about Rs.775.57 Cr. In the following year, 2020 till the month of March Company’s net sales is around Rs.4,525.08 Cr. through which the Company makes a profit of about Rs.816.47 Cr. In the year 2021, till the month of March Company made net sales is around Rs.4,841.22 Cr. by which they made a loss of around Rs.1,035.39 Cr. in the last year 2022 the net sales of COLPAL Rs.5,099.78 Cr. where the net profit was Rs.1,078.32 Cr.
COLPAL Ltd Balance Sheet Analysis
In the year 2017 Company invested around Rs.31.16 Cr. along with Other Assets of this Company is about Rs.1,773.80 Cr. as well as the total assets of that Company available at this time is around Rs.3,890.97 Cr. In the following year, 2018 Company invested around Rs.31.16 Cr. along with Other Assets of this Company is about Rs.1,634.70 Cr. And total assets of that Company available at this time in 2018 are around Rs.4,489.79 Cr. In the year 2019 Company invest around Rs.31.15 Cr. And the Current Assets of this Company are about Rs.1,797.66 Cr. And total assets of that Company available at that time is around Rs.4,900.80 Cr.
In 2020 Company invested around Rs.18.62 Cr. And Other Assets of Colgate Palmolive (India) Ltd, in the year 2020 are about Rs.1,799.53 Cr. And total assets of the company available at that time in 2020 are around Rs.3,391.47 Cr. In the financial year, 2021 Company invested around Rs.18.61 Cr. And Other Assets of this Company is about Rs.2,160.08 Cr. and total assets of the company available at that time around Rs.5,735.69 Cr. Same as the next year March 2022, it has invested Rs.0 where the current assets of the company were Rs.2,998.10 Cr.
Here we try to predict possible share price targets that the shares of Colgate Palmolive can attain in future years. Our prediction is based on different tools and terms which include support and resistance. So here we go with our prediction of the possible targets for upcoming years for the shares of Colgate Palmolive (India) Ltd.
|Year||Target Of COLPAL Ltd|
For the year 2022 we try to predict two possible targets for the shares of Colgate Palmolive so first share price target which they can surpass easily first is around Rs.2,121 and the second possible target for the shares of Colgate Palmolive shares which we can possibly find in the same year is around Rs.2,459 and its all will happens because of their increasing demand of products in the market and We predict all these target level on the basis on a Fibonacci retracement, support, and resistance.
For the year 2023, we are again going to predict two possible targets which the share of Colgate Palmolive will find it easily because of their product demand in the market so that’s the first target is around Rs.2,874, and the second target level for the same year 2023 is about Rs.3,150 and we predict all these share price targets for the year 2023 using different terms and tools like support and resistance.
For the year 2024, we can predict a possible target which the shares of Colgate Palmolive will beat easily first is around Rs.3,511 and the second possible target for the share of Colgate Palmolive is about Rs.3,903 as I told earlier that the company share prices will be in a positive direction in future after some downwards motion and share prices of this company share are increasing day by day in upcoming years.
In the year 2025 we can set the first possible target which they can attain is about Rs.4,195 and after attaining these values they show some negative movement and share prices of this Colgate Palmolive (India) Ltd go down for while and after some time in that same year they will again show uptrend and we can predict second possible target which they can cross is around Rs.4,548 for the shares of Colgate Palmolive.
By the end of this decade, Colgate Palmolive (India) Ltd will be the highest revenue-generating company in the World so we predict the first possible target for the shares of Colgate Palmolive which they can attain in the year 2030 is around Rs.7,328 and the second possible target which they can cross till the end of this decade is about Rs.9,272.
In this article, We have done a detailed analysis of Colgate Palmolive (India) Ltd for the session 2022 to 2030. We tried to include every aspect in our article which is really essential to know before investing in any specific company shares. If you find this article helpful to you, please share this article with your friends and family member.
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