Colgate Palmolive India Offers Potential 10% Upside As Bajaj Broking Flags Buy Zone After Breakout

Bajaj Broking’s research desk flagged Colgate Palmolive (India) as a high-conviction trade. The call followed a price breakout and stronger technical readings. Analysts said the move suggested the earlier decline had likely ended. The setup, they said, offered a new entry window for traders. The expected holding period was set at six months.

In its trade plan, Bajaj Broking set a buying band of 2210 to 2250 for Colgate Palmolive (India). The brokerage also mapped a target of 2470, implying a 10% return opportunity. The view was based on a fresh breakout and improving chart structure. Key levels were derived from consolidation and retracement markers.

Item	Details
Buying Range	2210 - 2250
Target	2470
Return Opportunity	10%
Time Period	6 Months

"The stock has recently broken out above a seven - month falling wedge pattern, a classic bullish technical formation that often precedes a continuation of the uptrend. This breakout signals that the prolonged corrective phase have ended and that buying momentum is returning in the stock. The stock in the process has moved above the 20 weeks EMA which has acted as a strong resistance in the entire decline highlighting strength returning in the stock," commented the research analysts of Bajaj Broking.

"A key observation on the monthly chart is that the stock has begun establishing a pattern of higher highs and higher lows, indicating improving structural momentum. Over the past three months, the stock has been consolidating and building a solid base within the range of 2210 - 2030, reflecting healthy absorption of supply and accumulation at lower levels . This phase of sideways movement suggests stability rather than weakness," they added.

"The recent move above this consolidation zone signals a breakout from the base formation, reinforcing a positive bias and open upside towards 2470 levels being the confluence of the measuring implication of the last three months consolidation range and the 61.8% retracement of the last 7 months decline ( 2747 - 2030 ). The weekly 14 periods RSI has recently generated a buy signal moving above its nine periods average thus validates positive bias," they further recommended.

Separately, Colgate-Palmolive (India) Limited partnered with the Government of Haryana to scale Bright Smiles, Bright Futures. The plan covered 57 lakh schoolchildren with oral health lessons. The company said the programme already reached over 10 million children each year across states. It also said BSBF had supported over 195 million children in India.

Colgate Palmolive (India) target price focus as Haryana partnership expands

"Ensuring the health and well-being of our children is central to our vision for Haryana's future. Through this collaboration with Colgate, we aim to strengthen awareness and embed preventive oral hygiene practices among students across the state, supporting their overall development and confidence." said Shri Nayab Singh Saini Ji, Hon'ble Chief Minister of Haryana.

"This partnership represents a systemic shift from awareness to large-scale action for 57 lakh children. By embedding Bright Smiles, Bright Futures® into Haryana's educational framework, we are making preventive care a non-negotiable part of a child's development. This is about more than hygiene; it is about building a sustainable culture of health that begins in the classroom and lasts a lifetime. said, Ms. Prabha Narasimhan, MD & CEO, Colgate-Palmolive (India) Limited."

"Preventive health education, when delivered consistently and embedded early, creates powerful ripple effects beyond the classroom. Children become ambassadors of healthy habits within their families and communities. This collaboration reinforces our dedication to fostering lasting behavioural change.", said Ms. Shilpashree Muniswamappa, Director - ESG & Communications, Colgate-Palmolive (India) Limited.

Colgate said public-private tie-ups supported the BSBF reach across states. The list included Uttar Pradesh, Maharashtra, Bihar, Kerala, Assam, Puducherry, and Goa. The company also said the initiative touched over 2 billion children and families worldwide. In another update, Colgate-Palmolive (India) Limited appointed Rahul Dravid as brand ambassador for Colgate Total.

In market action, Colgate-Palmolive (India) Ltd (COLPAL) closed at Rs 2,301.00 on the NSE on February 26, 2026. The close was up 1.35% from the prior session. NSE volumes stood at 4,44,641 shares. The day’s range was Rs 2,262.40 to Rs 2,301.30, with a 52-week span of Rs 2,029.40 to Rs 2,747.40.

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