Most Expensive Share in India
The majority of Indian shares trade for less than one rupee each on the country’s stock exchanges. Rarely do equities move in the hundreds of rupees range. As a result, it is difficult for small investors to acquire high-priced equities.
The share price of a firm may not necessarily be tied to the company’s valuation and may directly relate to the demand and supply condition of the shares. This is vital to keep in mind. The price of liquid equities may fall, while the cost of illiquid stocks may rise. It’s possible that a company worth Rs. 2,000 is significantly undervalued when compared to its competitors.
1. MRF Ltd. – Price Per Share Rs. 1,09,207.5
The most expensive stock in India is Madras Rubber Factory (MRF). Tire production is the company’s primary focus. You can buy a two-wheeler or an iPhone for one MRF share. The company’s stock price has risen to these heights due to its improved revenue and earnings. In addition, the company is valued at Rs. 41,023 crores on the stock market. The most expensive stock in India is MRF, which came first.
2. Honeywell Automation India Ltd. – Price Per Share Rs. 39,794.8
Consumer durables are the focus of Honeywell Automation India Ltd. An estimated Rs 35,341 crores worth of its shares are now traded on the stock exchanges. It is an American multinational corporation. This business creates a wide variety of commercial and consumer goods. Since 2014, the company’s stock price has surged.
3. Page Industries Ltd. – Price Per Share Rs. 40,457.55
Textiles are Page Industries’ primary focus. The company is valued at Rs 45,865 crores on the stock market. This corporation owns the famous “Jockey” brand. Speedo items are also sold in Sri Lanka. Investors have gotten an excellent return over the last six years on their investment in the company’s stock.
4. Shree Cement Ltd. – Price Per Share Rs. 23,994.15
Shree Cement Ltd. is a company that manufactures and sells cement. The company has a market value of Rs 87,485 crores. It also owns the famed “Bangur Cement” brand, well-known in India. Indeed, it is the country’s most prominent cement producer. The company also owns Shree Power, a power generation and distribution company.
5. 3M India Ltd. – Price Per Share Rs. 31,251
3M India Ltd used Minnesota Mining and Manufacturing Company. This is, in reality, a worldwide conglomerate corporation based in the United States. The company’s primary focus is on developing cutting-edge products and solutions. It is also worth Rs—26,993 crores in the stock market.
6. Abbott India – Price Per Share Rs. 23,316.9
Abbott India Limited, an American pharmaceutical company, is based in Mumbai. Abbott Laboratories is a subsidiary of this publicly traded firm. Women’s health, gastrointestinal, cardiology, metabolic diseases, and primary care are some of the therapeutic areas covered by the company. It is also worth 46,410 crores in the stock market.
7. Nestle India – Price Per Share Rs. 21,690.05
Food processing is a significant industry in India, and Nestle India is an important player. You can buy anything from Maggi to Kit-Kat to Nescafe to Every Day at this store. Nestlé is a Swiss multinational firm with an Indian subsidiary in India. Only a small factory was established in India back in 1961 when the corporation began to penetrate the Indian market. It is also worth 2,07,051 crores in the stock market.
8. Bosch Ltd. – Price Per Share Rs. 18,616.3
The car ancillaries industry is where Bosch Ltd. fits in. The German-based firm is the company’s name. Counting among the world’s most significant, it truly is a multinational. Like the stocks above, this one has a low equity ratio but has provided investors with a healthy return over the last few years. The company is valued at Rs. 55,404crores on the stock market.
9. Procter & Gamble Hygiene and Health Care Ltd. – Price Per Share Rs. 15,965
P&G Hygiene and Health Care Ltd. is another name for Procter & Gamble Hygiene and Health Care Ltd. The company is involved in the FMCG industry. In addition, the company has a market value of Rs 43,564 crores. For this reason, this American multinational is one of India’s most rapidly expanding consumer businesses. Numerous well-known brands are parts of the company’s portfolio, such as Ariel, Head & Shoulders, and Duracell. Over the past five years, P&G stock has provided investors with solid gains.
10. Lakshmi Machine Works Ltd. – Price Per Share Rs. 14,974.7
Lakshmi Machine Works Limited is engaged in the manufacturing and selling of textile spinning machinery, computer numerical control machine tools, heavy castings, and parts and components for aerospace industry. In addition, the company has a market value of Rs 12,294 crores.
Many novice investors may not afford these high-priced stocks, but many seasoned investors are willing to put their money into them. Even with a smaller investment of Rs 100, investing in mutual funds may be a more convenient way to hold these expensive stocks indirectly.
Based on the share price trends, the following stocks have been picked. However, this is not a complete list or a suggestion to buy or sell. Investing in a store is entirely dependent on the individual investor and the information available about the firm. As a result, investors should only consider purchasing by conducting a thorough stock analysis.
Most Expensive Share in India
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Are equities with higher prices less volatile?
As a result, high-priced equities may be less volatile than low-priced ones since investors are more likely to hold on to them for the long haul.
In India, how do I pick a stock to invest in?
Investors need to have a basic understanding of a company’s business model, operations, and financial statements before making an informed investment decision. Investors should look at a business’s financial position before purchasing a share by reading numerous company research reports.
Who is India’s most important stock market?
India’s largest firm, Reliance Industries, is headed by Mukesh Ambani and has a market valuation of over $70 billion.
What is the most costly share?
Warren Buffett’s Berkshire Hathaway (BRK. A) stock traded at $458,675 per share in January 2022, making it the most expensive publicly traded share. On January 18, 2022, Berkshire reached an all-time high of $487,255.