There are thousands of stocks listed on the major stock exchanges in India, the BSE and NSE. Some of them are trading dirt cheap in single digit rupees, while many are trading in three, four or five digit figures. While investing in stocks, investors should never look at the price alone. Rather they should look at the value associated with the company.
In this article let’s take a look at the most expensive stocks in India.
Most expensive stocks in India at a glance (Top 12 Companies in terms of highest share price)
| Stock name | Stock price | |
| 1 | MRF Ltd. | Rs. 73,100 |
| 2 | Honeywell Automation India Ltd. | Rs. 39,278 |
| 3 | Page Industries Ltd. | Rs. 38,430 |
| 4 | 3M India Ltd | Rs. 25,700 |
| 5 | Shree Cement Ltd. | Rs. 25,590 |
| 6 | Nestle India Ltd | Rs. 19,320 |
| 7 | Abbott India Ltd | Rs. 18,668 |
| 8 | Tasty Bite Eatables Ltd | Rs. 13,139 |
| 10 | Bajaj Finserv Limited | Rs. 16,917 |
| 9 | Procter & Gamble Hygiene and Health Care Ltd | Rs. 15,135 |
| 11 | Polson Ltd. | Rs. 11,902 |
| 12 | Bharat Rasayan Ltd | Rs. 10,005 |
Now let’s take a detailed look at the most expensive stocks in India
MRF LTD.
Share price as 06/12/21 – Rs. 73,100
Originally setup in the year 1946 as manufacturer of toy balloons, MRF today is the largest tyre manufacturing company in India. With 9 state-of-the-art factories across India, it also ranks among the top 20 global manufacturers in the world. MRF is largest domestic Original Equipment Manufacturer (OEM) tyre supplier for a wide range of tyres ranging from two-wheelers to fighter aircrafts.
Honeywell Automation India Ltd.
Share price as 06/12/21 – Rs. 39,278
A top player in electronics, instrumentation and process control equipment industry, Honeywell Automation India specializes in integrated automation and software solutions for enhanced productivity, safety and security for residential and commercial premises. Honeywell Automation’s key products include building control systems, distributed control systems and smart transmitters.
Page Industries Ltd
Share price as 06/12/21 – Rs. 38,430
Page Industries Ltd. is an exclusive licensee of American brand, Jockey International in the Indian subcontinent and select countries in the Gulf region. It manufactures distributes and markets swimwear, innerwear and for adults as well as kids. Established in the year 1994, the company has also exclusive licensee rights of Speedo International Ltd. for manufacturing, marketing and distribution of the Speedo brand in the country. JOCKEY is the company’s flagship brand and a market leader in the innerwear category.
Shree Cement Ltd.
Share price as 06/12/21 – Rs. 25,590
Incorporated in 1979, Shree Cement Ltd is a leading cement manufacturer in India with operations across northern and eastern part of India. Headquartered in Kolkata, Shree Cement has a consolidated cement production capacity of 44.4 million tonnes per annum(MTPA) and ranks as the largest single location cement manufacturer in Northern part of India. The company offers three cement brands known as Bangur Cement, Shree Ultra Jung Rodhak Cement and Rockstrong Cement and also has a power generation capacity of 742 MW.
3M India Ltd.
Share price as 06/12/21 – Rs. 25,700
3M India Ltd is is a diversified technology and science company with a worldwide presence in different segments such industrial, health care, consumer, safety and graphics and energy businesses.
Nestle India Ltd.
Share price as 06/12/21 – Rs. 19,320
A subsidiary of Nestle S.A. of Switzerland, Nestle India Ltd is a top ranking player in the FMCG segment in India with massive presence in milk & nutrition beverages, cooking aids, chocolate & confectionery segments. Headquartered in Gurgaon, the company manufactures and markets its products under popular brand names like Nescafe, Maggi, Milkybar, Milo, Kit Kat , Milkmaid and Nestea. The company has 8 manufacturing facilities in India and four branch offices spread across Mumbai, Delhi, Chennai and Kolkata.
Abbott India Ltd.
Share price as 06/12/21 – Rs. 18,668
A subsidiary of Abbott Laboratories (USA), Abbott India Ltd is one of the largest MNC pharmaceutical companies in India. Abbott India Ltd. is engaged in the discovery development manufacture and marketing of pharmaceutical diagnostic nutritional and hospital products.
Bajaj Finserv Limited
Share price as 06/12/21 – Rs. 16,917
A holding company for different financial services businesses under the umbrella of Bajaj Group, Bajaj Finserv Limited is engaged in the business of wealth management, asset management, lending and insurance. The company holds 55.13% stake in Bajaj Finance and 74% stake each in Bajaj Allianz Life Insurance Company & Bajaj Allianz General Insurance Company.
Procter & Gamble Hygiene and Health Care Ltd.
Share price as 06/12/21 – Rs. 15,135
Incorporated in 1964, Procter & Gamble Hygiene and Health Care Limited is a top ranking player in FMCG segment in India. Some of its top brands include Whisper in the female hygiene category, Vicks in health care category and Old Spice in men’s shaving category. The company is a subsidiary of Procter & Gamble Company USA in India.
Tasty Bite Eatables Ltd.
Share price as 06/12/21 – Rs. 13,139
Incorporated in the 1985, Tasty Bite Eatables Ltd. manufactures and markets a diverse range of shelf stable all-natural and ready-to-serve food products. The company specializes in prepared foods segment and caters to institutional users such as retail customers, corporate customers as well as hotels and quick-service restaurants (QSR).
Polson Ltd.
Share price as 06/12/21 – Rs. 11,902
Polson Ltd. specializes in the manufacturing and sale of organic, inorganic chemicals and vegetable tannin materials to leather industries, domestically and globally. Established in the year 1906, the company originally setup as a coffee manufacturer, later diversified into other business activities such as pharmaceuticals, agriculture, diary, leather chemicals and real estate.
Bharat Rasayan Ltd
Share price as 06/12/21 – Rs. 10,005
Established in 1989, Bharat Rasayan is a chemical manufacturing company which specializes in the production of Grignard Reagents, Fatty Acid Anhydrieds, Esters and Solvents and Pharma / Drug intermediates. The company is one of the largest manufacturers of ingredients used in the cosmetic industry, especially for personal care. Bharat Rasayan has a world class manufacturing plant based in Maharashtra and also provides custom and contract manufacturing services.
– Written and contributed by Pradeep Sukumaran.
