Gaining market share; reiterate Buy

Colgate’s 4Q10 net profit was up 42% yoy. Given less competition, its pricing power and sub-segmentation strategy, we expect Colgate to gain market share and report revenue and
net profit CAGRs of 17% and 14%, respectively, over FY10-12. We rate the stock a Buy, and raise our target price to Rs930...

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http://www.dsij.in/productattachment...0Palmolive.pdf

Source: Dalal Street Investment Journal
Dalal Street Investment Journal