• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

The stock of Colgate Palmolive has been witnessing sudden spurt in price and trading volumes of late, despite the company reporting a drop in net profit for the second quarter ended September 30, 2006.

The stock has gained 9.8 per cent week-on-week and about 11.2 per cent over a month's period. Trading volumes also improved of late; average volumes for November stood at 2.90 lakh shares against October figure of 1.36 lakh shares.

According to market participants, expectation of bonus announcement by a section of the traders was influencing the share price movement. The company announced a 42.5 per cent interim dividend for FY 2006-07.

K.S. Badri Narayanan

More Stories on : Stock Markets | Stocks | Ear to the ground | Personal Products

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Easterly waves sustain rainfall in peninsula

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line