Women’s Day Stock Pick: Sumeet Bagadia Bet On Colgate-Palmolive India Towards Rs 2,420–Rs 2,530

In honor of International Women's Day in 2026, brokerage Choice Broking has highlighted a special stock pick that may catch investors' attention considering the current condition of the market. Colgate-Palmolive (India) Ltd. (COLPAL) shares are displaying a strong bullish pattern on the charts, suggesting the probability of a prolonged higher rise in the upcoming weeks, according to Sumeet Bagadia, Executive Director at Choice Broking.

Colgate-Palmolive India Target Price

Buy COLPAL @ 2200 & Upto 2160 for the Target of 2420/2530

The stock recently posted a fresh breakout from a falling wedge pattern on the weekly chart around the 2180 level and successfully retested the breakout line during the current week.

The breakout occurred with strong volume, suggesting solid buying interest and confirming the strength of the move. Additionally, the stock is currently trading above its key moving averages, including the 50-DMA and 100-DMA, which further supports the bullish outlook. From a momentum perspective, the RSI remains above the midpoint (50), indicating sustained strength in the stock.

Based on the above technical setup, investors can consider accumulating the stock around 2200 levels up to 2160 levels, where its key 100-DMA support is placed. On the downside, 2029 should be considered as a crucial support level to effectively manage the risk.

On the upside the stock has the potential to move towards 2420 and 2530 levels in the medium to long term.

Colgate-Palmolive India Share Price Trend

Colgate-Palmolive (India) Ltd (COLPAL) had a minor rise of 0.20% for the day on March 6, 2026, closing at Rs 2,205.00 on the NSE. A total of 2,33,352 shares were traded throughout the session, indicating that trading activity was quite robust. The stock moved steadily during the trading session, peaking at Rs 2,220.00 and falling to Rs 2,196.40. The share price has fluctuated significantly throughout the longer 52-week period, peaking at Rs 2,747.40 and down to Rs 2,029.40. The firm retains a significant market capitalization of around Rs 59,962 crore from a valuation standpoint.

About Colgate-Palmolive India

The market leader in the Indian oral care sector is Colgate-Palmolive (India) Limited, which was founded in 1937. With brands like Colgate and Palmolive, it dominates the Indian oral care industry. According to Axis Direct and Screener, the firm has a 3-year average Return on Equity (ROE) of 71.69% and a Return on Capital Employed (ROCE) of 96.93%.

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