Colgate Palmolive (India) Limited
SBI Mutual Fund decreased its stake in Colgate Palmolive (India) Limited from 3.28% to 3.15% by selling 350,033 shares. Based on the share price of ₹2042.40, the value of the shares sold is approximately ₹71.49 crore.
A leading manufacturer and marketer of oral care and personal hygiene products in India, the company produces toothpaste, tooth powder, toothbrushes, mouthwash, and related consumer goods for households and institutions. It operates through extensive retail distribution channels across the country with well-established brands in the oral care segment. The company maintains a strong presence in India's consumer defensive market through consistent product innovation, quality manufacturing, and wide market reach.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.