Colgate eyes reversal near ₹2,260 ahead of Q1 earnings
Colgate shares are nearing key support at ₹2,260-2,350 ahead of Q1FY26 results on July 22. Analyst Rohit Mehta sees potential for a reversal if support holds, though recent weak earnings and 10.5% YTD decline weigh on sentiment. Despite strong ROE and debt-free status, slow sales growth and high valuation raise caution. Retail sentiment has turned bearish.