Top 10 Most Expensive Shares in India: Most of the shares in India are below 1000 Rs. But some are more expensive. Due to the high price of shares, it becomes tough for small investors to take a position in the market.
If any share has the highest price it doesn’t mean that those shares must be fundamentally strong. Even a share price of around 2000 Rs can be an undervalued share. The price of a share doesn’t represent the strength of that particular stock.
This is the list of some most expensive shares or highest price shares in India. The list is based only on the current market price of its share. The other method of finding expensive shares in India could depend on its PEratio which will be the second part of this series.
Top 10 Most Expensive Shares in India are:-
1. Elcid Investments Ltd
Elcid Investments Ltd has recently become the most expensive share in India. Currently trading at 155882.00 rupees. It is an Investment company and Non-banking financial company (NBFC).
2. MRF
The current market price of MRF is ₹114889
The company MRF was founded by K. M Mammen Mappillaiadd in Chennai India in the year 1946
MRF produced products like tyre tubes, flaps, trade rubber, conveyor belts, paint, quotes, free trade, and sports goods.
MRF is included in the manufacturing, distribution, and sales of all these products. Currently highest price share in India
3. Page Industries
The current market price of Page Industries is ₹44431 which makes it one of the top 10 most expensive shares in India.
Page Industries is involved in consumer durables, footwear, and apparel sectors.
The company is involved in the manufacturing, distribution, and marketing of innerwear, leisurewear, sportswear, swimwear, etc.
The founders of the company are Sundar Ashok Genomal and Ramesh Genomal. Its headquarters is located in Bengaluru India and the company was founded on 15 November 1994.
4. Honeywell Automation
The current market price of Honeywell automation is at ₹38374 which makes it one of the highest price shares in India
The company is involved in the electronic equipment and electronic instruments sector.
Honeywell Automation India Limited mostly manufactures products like electronic systems, electronic components, repair and maintenance services of electronic gadgets, trading of machinery and equipment, and supplies of electronic products.
It operates not only in India but also in other geographical areas around India. The company’s headquarters is located in Pune, India, and was founded on 13 January 1948.
5. Yamuna syndicate
The current market price is ₹35800 which makes it one of the highest price shares in India.
Yamana syndicate is involved in the distribution services and wholesale distribution services sector.
Yamuna syndicate is involved in trading and marketing batteries, motor spirit, pesticides, oil and lubricants, batteries, agricultural products, high-speed diesel batteries, scrap batteries, ups, fertilizers, seeds, electrical goods, spare parts accessories, and agricultural implements.
Overall the company is included in oil and lubrication, agricultural products, and electrical goods segments.
Its headquarters is located at Yamuna Nagar India and was founded in 1954.
6. Abbott India Ltd
Share is currently trading at 29081 rupees. Abbott India is a prominent pharmaceutical company.
7. 3M India
The current market price of 3M India is ₹28485 which makes it one of the top 10 most expensive shares in India.
The company is involved in the industrial conglomerate sector.
3M India offers products like surgical supplies, medical devices, dental and orthodontic products, and drug delivery systems and sells office supplies such as notepads, tape, dispensers, solutions labels tapes. It is also involved in the industrial segment like global industries, electrical and safety market, healthcare, transportation, and electronics safety, and industrial consumer segment market. Scotch is one of the famous brands of 3M India.
The company also offers transportation that serves globally and electronic original equipment manufacturing to its consumers.
its headquarter is located in Bangalore India and was founded on 4th July 1987.
8. Bosch
The current market price of Bosch is ₹28152
Bosch includes in the auto part production sector.
Bosch offers products like diesel and gasoline, fuel injection systems, car multimedia systems, auto electrical and accessories, starters, generates energy, body system services, industrial technology, consumer goods, and building technology.
The company’s headquarter is located in Bangalore India and was founded by Robert Bosch on the 12th of November 1951.
9. Shree cement
The current market price of Shree cement is ₹27867 which makes it one of the highest price shares in India.
It deals in the non-energy minerals and construction material sector.
The company offers products like cement and power generation. The trusted and famous brand of the company includes Shree Ultra, Bangar Cement, and Rock Strong. The headquarters of Shree Cement is located in Kolkata India and was founded in 1525 October 1979.
10 Lakshmi Machine Works Ltd
Share is currently trading at 15666 rupees. LMW is specializing in textile machinery.
Note:-
Any shares discussed in the above list do not mean investing. Information provided is only for educational purposes and any decision regarding investing must be taken under the guidance of your investment advisor.
Happy trading and investing!