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Colgate-Palmolive gains on Credit Suisse upgrade

New Delhi: Shares of Colgate-Palmolive (India) Ltd surged as much as 2.7 per cent on Tuesday after Credit Suisse upgraded the stock to "outperform" from "underperform."The agency said Colgate-Palmolive would benefit as competitive risk from

colgate palmolive gains on credit suisse upgrade colgate palmolive gains on credit suisse upgrade

New Delhi: Shares of Colgate-Palmolive (India) Ltd surged as much as 2.7 per cent on Tuesday after Credit Suisse upgraded the stock to "outperform" from "underperform."

The agency said Colgate-Palmolive would benefit as competitive risk from Procter & Gamble Hygiene and Health Care Ltd has abated. It said, "consumption growth is improving, input costs are easing and there is benign competition.”

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