Colgate-Palmolive India falls to 52 week low after Q2

Colgate-Palmolive India fell 4.75% to a new 52 week low on 23 October 2026 as Q2 profit growth of 4.3% lagged revenue growth of 12.3%. Colgate-Palmolive (India) Limited [

] fell 4.75% to close at ₹1,605 on 23 October 2026, its sixth straight negative session. The stock also hit a new 52 week low of ₹1,580. The Q2 FY27 numbers showed a gap between sales and profit. Revenue rose 12.3% to ₹1,705.8 crore, but net profit grew only 4.3% to ₹341.6 crore. Operating margin slipped to about 28%, below estimates, as advertising spend rose. Several brokerages also trimmed target prices. The stock has fallen about 22% in 2026 and nearly 59% from its October 2024 peak. The daily chart shows a clear downtrend with lower highs and lower lows. The relative strength index is near 30, an oversold zone, which can lead to a pause but does not confirm a reversal. What next: Resistance is placed at ₹1,715 to ₹1,785. A close above this zone may ease selling pressure. Support is seen near ₹1,430. Until price reclaims resistance, the downtrend remains intact. Traders may also watch how brokerages react to the margin trend in coming weeks. Conclusion: The trend remains bearish until price closes above resistance. Disclosure & Disclaimer: I and my family members do not hold any position in the stock discussed. This content is provided solely for informational and educational purposes and should not be construed as investment advice or a recommendation to buy or sell any security. Investments in the securities market are subject to market risks. Please read all related documents carefully before investing.