Prabha Energy Ltd Share Price

HDFC Bank, Tata Sons To Infosys, Godrej Consumer:

The resignation of HDFC Bank Ltd Managing Director and Chief Executive Office Sashidhar Jagdishan marked a new entry in the growing list of high profile exectives who have stepped down from their positions.

Colgate-Palmolive India Appoints New MD & CEO

Colgate-Palmolive India Announces Leadership Transition as Prabha Narasimhan Moves to Global Role

Colgate-Palmolive India is set for a leadership transition, with MD & CEO Prabha Narasimhan stepping down from her current role effective September 27, 2026, to take up a global position as Executive Vice President – Marketing for the company’s Asia Pacific division. She had taken charge as MD & CEO on September 1, 2022, and during her tenure, the company’s shares gained around 14% over the last four years, although the stock has since corrected sharply from its record high of ₹3,893 reached in October 2024 and is currently around 51% below that peak. Manish Anandani, currently Managing Director for India and South Asia at Kenvue, the erstwhile Johnson & Johnson Consumer Health business, has been appointed as the new MD & CEO for a five-year term, subject to shareholder approval. Anandani brings prior experience with Colgate-Palmolive, having joined the company in 2005 as a regional manager and worked across various roles in India and the Indochina region before leaving in 2018 as Worldwide Director in Global Customer Development. He holds a degree in Electronics, an MBD in Marketing and an Executive MBA in Leadership from the Turk School of Business, USA. In early trade on August 21, 2026, Colgate-Palmolive India shares were trading 0.75% lower at ₹1,895.7 and have declined around 10% so far in 2026. From a research perspective, the leadership change marks an important transition for the company, while Anandani’s previous experience with Colgate-Palmolive and his recent leadership role at Kenvue could support continuity as the company moves into its next phase.

Colgate-Palmolive (India) shares gained on July 29 after the FMCG company reported a 7% year-on-year rise in net profit for the June quarter. The company posted a net profit of ₹343 crore for the quarter ended June 30, 2026, compared with ₹321 crore in the corresponding period last year. Revenue from operations increased 12% year-on-year to ₹1,591 crore from ₹1,421 crore. Commenting on the results, Prabha Narasimhan, Managing Director and CEO of Colgate-Palmolive (India), said the company delivered another quarter of strong and competitive performance, driven by sustained growth across its portfolio. The toothpaste business recorded robust high-single-digit volume growth, led by premium products, while the core portfolio also continued to perform well. The company maintained a healthy margin profile through ongoing cost-saving initiatives under its "Funding the Growth" programme and disciplined financial management. Gross margin expanded by 110 basis points year-on-year to 69.7% in Q1FY27. Colgate-Palmolive said it used the strong margin performance to step up investments in brand building and category premiumisation during the quarter. Looking ahead, the company expects to sustain its growth momentum, supported by its science-backed product portfolio and continued investments in advertising. While acknowledging geopolitical uncertainties and commodity price volatility, the company said it remains focused on protecting margins through a combination of cost-efficiency measures and calibrated pricing actions.

Prabha Energy — Channel Break Attempt With Momentum Reversal Signals

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