Buy Colgate Palmolive India Ltd. (CPIL)

Target Price :-Rs703
CM Price:-Rs612.00

Market Leader in Indian Oral Care Market

Company Background: Colgate Palmolive (India) Ltd. (CPIL), a 51% subsidiary of Colgate Palmolive Company, USA is a leading player in the Indian oral care industry. CPIL enjoys leadership position in the Indian oral care space with 52.3% market share in toothpaste market, 48.8% in toothpowder and 38.2% in toothbrush market (in value terms). A well concentrated, focused business model is a key to the growth of the company. Almost 90-95% of the revenue comes from the oral care segment with balance coming from the personal care & household care segment.

Buy Blue Star Ltd.

Target Price:- Rs433.95                                                       CM Price:- Rs345.05

Blue Star-Star with a silver lining

Sector- Diversified Large

We rate Blue Star Limited (Blue Star) a BUY. Blue Star is India’s leading central airconditioning and commercial refrigeration company. The company primarily operates in three segments – Central & Packaged Air-conditioning systems, Cooling Products and Professional Electronics & Applied Industrial systems. The company currently has five modern state of the art manufacturing facilities in Thane, Bharuch, Dadra, Kala Amb (Himachal Pradesh), and at Wada in Thane district of Maharashtra. Blue Star primarily focuses on corporate, commercial and institutional customers.

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