There are two ways to look at this stock. It is having leadership in the oral care segment so higher valuations are justified. The stock has however rallied sharply in recent months and it is now up against a spike in input cost inflation like most FMCG companies. I would advise some caution on Colgate and in fact all FMCG stocks.
There are two ways to look at this stock. It is having leadership in the oral care segment so higher valuations are justified. The stock has however rallied sharply in recent months and it is now up against a spike in input cost inflation like most FMCG companies. I would advise some caution on Colgate and in fact all FMCG stocks.