Colgate's shares hit a new 52-week low on Wednesday after analysts cut their earnings estimates following miserable June quarter results and dull near-term growth prospects. The stock needs faster growth. What is stopping that?
The latest financial results for the three months ended March are quite disappointing with consolidated Ebitda falling as much as 52% year-on-year to ₹168 crore.
(@PallaviPengonda reports)
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