From a modest start in 1937, when handcarts were used to distribute Colgate Dental Cream Toothpaste, Colgate-Palmolive (India) today has one of the widest distribution networks in India.
It's a logistical marvel that makes Colgate available in almost 5.8 + million retail outlets across the country.
The Company has grown to a Rs. 4490 crore plus organization with an outstanding record of enhancing value for its strong shareholder base.
The company leads the 7600 crore Indian toothpaste market by holding 53.2% of the value market share in 2016-17.
It's the leading provider of orlacare products in India. The range includes toothpastes, toothpowder, toothbrushes and mouthwashes, under the "Colgate" brand as well as specialised range of dental therapies under the banner of Colgate Oral Pharmaceuticals.
Colgate Palmolive India Stock Price - July 5, 2002 to December 26, 2018
(Source: www.nseindia.com)
Stock Price as on July5, 2002: Rs.69.53/- per share
Stock Price as on December 26, 2018: Rs.1302/- per share
In 2009, Colgate-Palmolive (India) was adjudged as the Best Value Creator (Mid Cap Category) in the 2009 Outlook Money NDTV Profits Awards.
Colgate was ranked as India's #1 Most Trusted Brand across all categories for seven consecutive years from 2011 to 2017 by Brand Equity's Most Trusted Brand Survey, conducted by Nielsen.
It is the only brand to be in the top three since the inception of the survey in 2001.
Prior to this, Colgate was also rated as the #1 brand by the A&M - MODE Annual Survey for India's Top Brands for eight out of nine years during the period 1992 to 2001.
(Source : www.nseindia.com, www.colgateinvestor.co.in, www.wikipedia.com)
DISCLAIMER : THIS BLOG IS FOR INFORMATION AND NOT TO SOLICIT ANY BUSINESS. PAST PERFORMANCE IS NOT AN INDICATION OF THE PERFORMANCE OF STOCK IN FUTURE.
