In this blog, you will know about the most expensive stocks in India. In this blog, we will discuss the highest share price in India.
Many times we are thinking about which is the most expensive stock in the market. And we wonder whether we should add this stock to our portfolio or not.
If someone asks you which is the most expensive stock in India, you can tell the stock name we have mentioned below.
Price Factor: We can say that the stock is expensive in two ways, one is according to the current price of the stock, and one is according to the stock valuation. In this blog, we will know according to the stock price.
This question comes to our mind many times, which is the most expensive stock, and which sector will that stock belong to?
The most significant number of trades are done in two indices in India. BSE and NSE. So Let’s know the most expensive stock in NSE and BSE.
Top 10 Most Expensive Stocks In India :
Let’s know highest share price in India:
1. MRF (Madras Rubber Factory)
The full form of MRF is Madras Rubber Factory. And this is a very old Indian company. And MRF was started in 1946. They first started with Toy Balloon Manufacturing, after that started tire manufacturing in 1962.
And at present, MRF is the number one company in India in tire manufacturing and is ranked 14 in the world.
Which is the most expensive stock in the Indian stock market, then is MRF. The current price of this stock is 82,898. And the MRF high touch price was 96,973 in February 2021.
MRF gave excellent returns to their investors. If you had invested 1 lakh rupees in MRF 20 years ago, then in this time, your value of 1 lakh rupees would be 1.5 crore rupees. This stock has given very good compounded returns to investors.
2. Honeywell Automation India Ltd
Honeywell Automation India Ltd was started in 1987 and was a joint venture between Honeywell Group and Tata Group.
In 2004, the Tata Group sold all its shares to the Honeywell Group. After the Honeywell Group got the shares, the company changed its name and a new name, Honeywell Automation India Ltd. Presently the promoters hold 75% in Honeywell Automation India Ltd.
Company Works: Process Solutions(HPS), Environmental And Combustion Controls (ECC), Building Solutions (HBS), Sensing And Control (S&C) Are In Domestic and In Exports are Global Engineering Services, Global Manufacturing (GM).
3. Page Industries Ltd
Page Industries Ltd holds the exclusive license of Jocky India. Jockey International Inc. is a US company, and Page Industries Ltd holds the exclusive license of Jocky to manufacture, distribution, and marketing its products in India, Bangladesh, Nepal, Sri Lanka, Nepal, and UAE.
Page Industries has given excellent returns to its investors in 10 to 15 years. Now The Current Price Of Page Industries is 30,054. The stock touched a high of 32,460 in August 2018.
4. Shree Cement Ltd
Shree Cement Ltd. This company manufactures and sells cement and cement-related products in India. It is recognized as the most efficient and eco-friendly company in the global cement industry. and it is incorporated in the year of 1979.
The stock price of Shree Cement Ltd is 28,465 and the stock touched a high of 32,050 in April 2021. Shree Cement Ltd has given excellent returns to its investors in the last ten years. Ten years ago, the stock price was Rs 1850 and now it’s price is 28,465.
5. 3M India Ltd
3M india It works in wide range of products. 3M India Works in Automotive, Commercial Solutions, Design & Construction, Electronics, Energy, Healthcare, Manufacturing, Mining, Oil & Gas, Safety And Transportation.
The Current Price of 3M india is 25,660, and the stock touch high of 31,000 in the month of March 2021. This stock has also given excellent returns in the last ten years to its investors.
6. Nestle India Ltd
Nestle India Ltd This is a very old company. We use the products of this company since childhood. Milk Products & Nutrition, Prepared dishes and cooking aids, Liquid Beverages, Confectionery, These are product segments of Nestle Company. The highest revenue of this company, it is 47% comes from milk and nutrition products.
The Current Price of Nestle India is 17,710. The stock of Nestle india In 2006 Was 1000 and now the stock price is 17,710.
7. Abbott India Ltd
Abbott India Ltd It is a pharma company. This company has more than 600 products which is a big deal. The business of Abbott company is spread in many countries, and because of this, we can say that its R&D can be high.
This company is number one in the pharma sector of India, according to market cap. Abbott India’s sales and profits are also very good.
The current price of Abbott India is 16,490. The stock 52 Week Range is 13,959 low and 17,350 is high.
8. Bosch Ltd
Bosch, This company is doing excellent work in Auto Ancillaries of India and is an good market leader. Bosch use the best technology in tools and make product excellent. Bosch is working on an electrifying e-ecosystem project, which is good in the coming time. Its products are used in industrial and home appliances.
The current price of Bosch is 15,797 and the stock High Low is ₹ 16,900 / 10,415.
9. Tasty Bite Eatables Ltd
Tasty Bite Eatables Ltd is manufactures and selling Prepared Foods, and it is a Small Cap company. Promoters holdings are 74.2% which is an excellent thing. In the coming time there products sales should be increase. This prepared food is prepared in just one minute by heating, is also called a ready-to-eat meal. They have more than 40000+ store presence.
The current stock price of this company is 15,219, and the High / Low is ₹ 17,000 / 9,801.
10. Procter & Gamble Hygiene & Health Care Ltd
Procter & Gamble Hygiene & Health Care Ltd We know this company as P&G, and the NSE code of this company is PGHH. The Promoter holding is 74.2% which is very good.
It has many brands like Gillette, Whisper, Ariel, Tide, Pampers, Head & Shoulders, Herbal Essences, Pantene, Ambi Pur, Oral-B, Vicks, Olay, Old Spice. We have been using these products for a long time.
The Current Price of PGHH is 13200 and the stock High / Low is ₹ 17,000 / 9,801.
So these are the 10 most expensive stocks in India, and these companies’ fundamentals are also good. Many stocks we say it is expensive, and we sell that stock, but that same stock sometimes makes new highs. So as long as the company’s fundamentals or charts are good, do not sell the stock if you have bought the stock for the long term.