Elara cuts Colgate-Palmolive target to ₹1,600

Elara cuts Colgate-Palmolive target to ₹1,600 following a reassessment of near-term growth prospects. The brokerage maintains a 'Hold' rating, citing muted rural demand and rising input costs. Downward revision reflects ~10% cut from previous target. Outlook remains stable for long-term brand strength.

📊 STOCKS: $COLPAL | 🏢 SECTOR: FMCG | #MEDIUMIMPACT #BrokerCall