10 Most Expensive Shares In India | Are They Worth The Hype?

December 20, 2022by Sanket Alurkar0

There are 7000 stocks in Indian share market, each of them is bought and sold at different price. Some of these stocks are cheap like penny stocks and others with a very high value. There are various factors which set the price of the stock.

most_expensive_shares

Following are the 10 most expensive shares in India.

10. Lakshmi Machine Works Ltd

lakshmi machine works highest stock price list

Lakshmi Machine Works Limited is engaged in the production and distribution of textile spinning machinery, computer numerical control machine tools, heavy castings, and parts and components for the aerospace industry. The current market price of the stock is ₹13,957.60.

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Key FeaturesValue
IPO Price
All Time High Price (2022)12,664.55 INR
Current Price12,664.55 INR
Websitehttps://www.lmwglobal.com/
9. Procter & Gamble Hygiene and Health Care Ltd

p&G most expensive stock india

P&G Hygiene and Health Care are among the top 10 FMCG companies in India. P&G’s growth can be accounted for by the rate at which this company is growing. Their share price is so high that it is one of the top 10 highest share prices in the world.  The current market price of the stock is ₹14,119.80.

Key FeaturesValue
IPO Price
All Time High Price (2022)14,380.00 INR
Current Price14,119.80 INR
Websitehttps://in.pg.com/
8. Bosch Ltd

bosch costliest shares in india

Bosch Ltd represents Industrial, Automotive, Consumer Technology, Energy and Building technology. The company manufactures and trades items like security systems, electrical power tools, automotive aftermarket products, consumer energy things and solutions are some of the products that are manufactured and traded by this company.

The current market price of the stock is ₹17,510.0.

Key FeaturesValue
IPO Price
All Time High Price (2022)17,510.00 INR
Current Price17,517.65 INR
Websitehttps://www.bosch.com/
7. Nestle India Ltd

Nestle-India costliest shares list in india

Nestle India is a wholly owned subsidiary of Nestle SA, which is the largest food company in the world measured by revenue and is headquartered in Switzerland.

In 1912, NESTLE started doing business in India, back then it was known as NESTLE Anglo Swiss Condensed Milk Company (Export) Limited.

At that time, the company was engaged in the business of importing and selling completed products in the Indian market. The company’s footprint in India continued to grow throughout the course of time.

The majority of the firm’s product categories, including milk products and nutrition, drinks, prepared dishes and culinary aids, chocolate and confectionery. The current market price of the stock is ₹ 20,047.90.

Key FeaturesValue
IPO Price
All Time High Price (2022)20, 065.90 INR
Current Price20,047.70 INR
Websitehttps://www.nestle.in/
6. Abbott India Ltd

abbott highest prices stocks in india

Abbott India Ltd. was founded in 1944. It has a presence in more that 160 nations around the world. Abbott India Ltd is considered to be the most successful global pharmaceutical businesses operating in India.

Independent distributors distribute the goods almost exclusively within India.

The current market price of the stock is ₹20,838.00.  It has registered over 300% returns in the past 5 years.

Key FeaturesValue
IPO Price
All Time High Price (2022)20,928.70 INR
Current Price20,927.00 INR
Websitehttps://www.abbott.co.in/
5. 3M India Ltd

3m most expensive shares in india

The company was Incorporated in 1987 as Birla 3M Ltd. 3M India LTD. is a life science application company that deals in a wide range of products ranging from healthcare to automation.

The current market price of the stock is ₹23,088.70.  Scotch Brite is owned by 3M in India.  3M operates under 4 verticals which includes safety and industrial, transportation and electronics.

It is one of the most diversified tech companies as it manufactures paint adhesives, paint protection films, abrasives etc.

Key FeaturesValue
IPO Price
All Time High Price (2022)23,149.00 INR
Current Price23,088.70 INR
Websitehttps://www.3mindia.in/3M/en_IN/company-in/
4.  Shree Cement Ltd

shree_cement 10 highest share price in india

Shree Cements are the owners of Chennai Super Kings.

The company is the largest cement manufacturers in India, they have manufacturing units in six states. It has a market capitalization of above ₹ 1 Trillion, the current market price of the stock is ₹23,856.00.

Key FeaturesValue
IPO Price
All Time High Price (2022)23,867.25 INR
Current Price23,856.00 INR
Websitehttps://www.shreecement.com/
3. Honeywell Automation India Limited

honeywell highest Stock price in India

Honeywell Automation is subsidiary of Honeywell which is an MNC headquartered in California, USA.

They have office spaces in India in 9 cities like Mumbai, Chennai, Kolkata etc. It is currently trading at a price ₹41,202.50. It has products dealing with environmental and combustion controls and provides engineering services to global clients.

The stock is premium priced as it is backed by healthy balance sheet, strong percentage and asset-light business model.

Key FeaturesValue
IPO Price347 – 366 INR
All Time High Price (2022)41,736 INR
Current Price41,202.70 INR
Websitehttps://www.honeywell.com/us/en
2. Page Industries Ltd.

jockey highest stock price in india now

Page Industries is the poster boy of multibagger stocks.

The Jockey Products in India, UAE, Nepal, Bangladesh are manufactured and marketed by Page Industries.

The current market price of the stock is ₹43,839.70. As the company plans to enhance the stock continues to exhibit strong fundamentals as the products enter more premium ranges.

Key FeaturesValue
IPO Price360 to 395 INR per share
All Time High Price (2022)44,100.70 INR
Current Price43,839.70 INR
Websitehttps://www.pageind.com/

1. MRF Limited

most expensive stock in india

In Madras, MRF which stands for (Madras Rubber Factory) began as a small unit for toy manufacturing in the backyard of MR. K. M Mammen Mappillai. MRF is primarily engages in manufacturing of tyres, it also manufactures sports goods, paints, and coats.

MRF also owns the funskool brand.

In 1990, when MRF’s IPO was released its share price was Rs 11 currently its price is ₹ 89,822.70 per share. The company had humble beginnings which was started with a capital of Rs 14000 as a rubber balloon factory, and until 1949 the company was making balloons, contraceptives and toys.

Today it is India’s largest tire manufacturer and 14th in the world. It took the industry to new highs and brought new innovations via technological investments in the field.

MRF is the most expensive share in India as the stock has never been split by the company and it exhibits strong fundamentals and growth opportunities.

Key FeaturesValue
IPO Price11 INR
All Time High Price (2022)89,971.70 INR
Current Price89,822.70 INR
Websitehttps://www.mrftyres.com/

FAQS

Q. Which is highest price share in India?

Answer : MRF is the highest priced share in India at ₹ 98,599.95 per share

Q. Which stock is the least expensive share in India?

Answer : Lakshmi Machine Works Ltd. It’s market price is ₹13,957.60.

Q. Which stocks will boom in 2023?

Answer : 3M India Ltd, Shree Cement Ltd, Abbott India Ltd. are the socks which will boom in 2023.

Q. Which share will grow in future?

Answer: P&G Hygiene and Healthcare share will grow in future.

Q. Can I buy 1 MRF share?

Answer :  The share price is to high ordinary investor cannot buy 1 MRF share in India.

These where the top most expensive shares in India. We sincerely hope that you liked the article and found it informative. If Yes Kindly share the article with your friends and colleagues who are interested in knowing more about shares and stocks.

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DISCLAIMER: Online Trading Institute is providing courses content and any related materials (including newsletters, blog post, videos, social media and other communications) for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments.