Top 15 Most Expensive Stocks in India

The stock’s stated price denotes the trade price agreed upon by the buyer and seller. When there are more buyers interested in a stock, the price rises.

Yet, high-priced stock does not necessarily imply that the company is superior to others. If a business splits more shares, the price of those shares will inevitably fall.

What are India’s most costly stocks? Madras Rubber Factory (MRF) is currently in top place with a market capitalization of Rs. 80,515 per share as of June 2021.

For the remainder, to learn more about India’s most costly stocks.

15 Most Expensive Stocks In India

1. MRF Limited – Most Expensive Stock in India

INR 34,343 crores in market capitalization

About the company: MRF stands for Madras Rubber Factory.) is an Indian manufacturer of automotive tires, rubber products, toys, and sports equipment. MRF was founded in 1960. MRF is a well-known name in the rubber industry.

The firm is India’s largest tire maker and the world’s sixth largest tire manufacturer. Funskool, a prominent children’s brand, is owned by MRF.

MRF’s market share has increased by 156.91% in the last five years. That’s incredible.

Price of a share (as of June 2021):

Price of a share on the Bombay Stock Exchange: Rs. 80,515

Price of a share on the National Stock Exchange: Rs. 80,514

2. Honeywell Automation India Limited

INR 35,521 crores in market capitalization

About the company: India’s Honeywell Automation Ltd is a software, machinery, and software manufacturer. Other products and services include environmental and combustion control, engineering support to various companies.

Tata Process Control Pvt. Ltd. was created in 1984 and began manufacturing in India under the name Tata Process Control Pvt. Ltd. On March 24, 2005, the company severed relations with TATA and changed its trade symbol from TATAHONEY to HONAUT.

Honeywell’s stock price has increased by 331.26% over the last five years.

Price of a share (as of June 2021):

INR 39,960 per share on the Bombay Stock Exchange

INR 39,896 per share on the National Stock Exchange

3. Page Industries Limited

INR 32,915 crore in market capitalization

About the company: Page Industries is a manufacturer, promoter, and distributor of Jockey products. They also hold the distributing license of SPEEDO, a famous swimwear brand.

The business was established in 1994. Page Industries specializes in the production of innerwear, loungewear, and socks. Bangalore, India is the company’s headquarters.

Its share price has increased by almost 119% in the last five years, from 14,000 to 29,458. The corporation is winning the market marathon.

Price of a share (as of June 2021):

INR 29,458 per share on the Bombay Stock Exchange

INR 29,455 per share on the National Stock Exchange

4. Shree Cement Limited

INR 1,03,452 crore in market capitalization

About the company: Shree Cement is an Indian cement manufacturer. The company also indulges in the production of power (captive power plant). The company was founded in 1979. Shree Cement is the 2nd largest Indian cement producer in terms of market cap. 

Shree Jungrodhak cement, Bangur Cement, and Rockstrong cement are all brands of cement sold by the company.

The value of their stock has increased from INR 14,000 in June 2016 to INR 28,727 in June 2021. Over the last five years, it has grown by 105%.

Price of a share (as of June 2021):

INR 28,727 per share on the Bombay Stock Exchange

INR 28,729 per share on the National Stock Exchange

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5. 3M India

INR 28,454 crores in market capitalization

About the company: 3M India limited is a science company. The company has a wide array of products over 55,000 products ranging from innovation, home appliances, building materials, healthcare equipment, Automotive, Commercial Solutions, Consumer, Design & Construction, Electronics, Energy, Mining, Oil & Gas, Safety, Transportation, and many more.

Command, Littmann, Nexcare, Post-it, Scotch-Brite, and Scotch are all brands owned by 3M. The business was established in 1987.

It is one among India’s most expensive equities, having grown by 105.50% in the last five years.

Price of a share (as of June 2021):

INR 250,92 per share on the Bombay Stock Exchange

INR 250,60 per share on the National Stock Exchange

6. Nestle India 

INR 1,69,882 crores in market capitalization

About the company:  Nestle is one of the most trusted brands in India. The company was founded in 1959. Nestle is engaged in food, beverages, chocolate, and confectioneries production. Company shares are one of the most expensive shares in India.

Many well-known brands are owned by this prominent company, including Boost, Maggie, Munch, Kitkat, Polo, Nescafe, Milkibar, and many others. Nestle is a major company in the food industry.

Nestle’s stock has increased by 173.60% in the last five years.

Price of a share (as of June 2021):

INR 17,501 per share on the Bombay Stock Exchange

INR 17,506 per share on the National Stock Exchange

7. Abbott India Limited

INR 34,843 crores in market capitalization

About the company: Abbott India Limited is a U.S.-based pharmaceutical company founded in 1944. They have a wide range of products such as diagnostics solutions, Nutritionals, therapeutic devices, nutritional products, and many more. It is a subsidiary of Abbott laboratories. It is a Fortune 500 company.

Despite being one of India’s most expensive stocks, Abbott India has grown by 267% in the last five years. Isn’t it a good deal?

Price of a share (as of June 2021):

INR 16,488 per share on the Bombay Stock Exchange

INR 16,471 per share on the National Stock Exchange

8. Tasty Bite Eatables Limited 

INR 3,927 crores in market capitalization

About the company: Tasty Bite Eatables is an Indian-based company that supplies over 30 prepared food products in 4 categories. They provide various types of snacks and ready-to-serve foods. Tasty bites serve various ethnic foods as ready-to-serve such as rice, pulao, biryani, noodles, and a range of other Asian foods. The company was founded in 1995.

Tasty Bites is one of India’s most expensive stocks, with a five-year growth rate of 226%.

Price of a share (as of June 2021):

INR 15,637 per share on the Bombay Stock Exchange

INR 15,657 per share on the National Stock Exchange

9. The Yamuna Syndicate

INR 461 crores in market capitalization

About the company: The Yamuna Syndicate is an Indian-based company that is engaged in manufacturing products related to the auto sector, agriculture products, as well as industrial and consumer electricals.

Batteries, automotive lubricants, agrochemicals, and generators are among the company’s other products. The company was established in Yamunanagar, India, in 1954. Over the last five years, the Yamuna Syndicate has experienced tremendous growth. It is one of India’s most expensive stocks, with a net growth rate of 630%.

Price of a share (as of June 2021):

INR 15,595 per share on the Bombay Stock Exchange

On the National Stock Exchange, the share price is not listed.

10. Bosch

INR 44,088 crores in market capitalization.

About the company: Bosch is a German and engineering company that manufactures and supplies automotive parts, security systems, home accessories, engineering, electronics, cloud computing, and other “Internet of things”.

In 1886, Bosch was established. Bosch established their first subsidiary in India in 1951.

Notwithstanding the fact that the shares are among the most expensive in India. They are, however, on the decline. In the last five years, net growth has been negative by roughly 33%.

Price of a share (as of June 2021):

INR 15,078 per share on the Bombay Stock Exchange

INR 15,076 per share on the National Stock Exchange

11. P & G Hygiene and Healthcare 

INR 45,161 crores in market capitalization

About the company: Proctor and Gamble is an American company. It manufactures a wide range of consumer goods such as baby care products, health care, laundry products, feminine care, and more. It is a well-known name among households. 

Many well-known brands are owned by P&G, including whisper, pamper, tide, aerial, head & shoulder, pentene, Gillette, Vicks, and many others.

P&G began operations in India in 1964.

Price of a share (as of June 2021):

INR 13,807 per share on the Bombay Stock Exchange

INR 13,812 per share on the National Stock Exchange

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12. Bajaj Finserv

INR 1,95,923 crores in market capitalization

About the company: Bajaj Finserv is an Indian-based financial services provider. It provides financial services such as home loans, personal loans, business loans, wealth management, and insurance.

The company also generates renewable energy in the form of electricity generated by wind turbines. It was established in 2007. Bajaj Finserv is one of India’s most expensive stocks. It’s a subsidiary of Bajaj Finance.

In the five years since July 2016, the stock’s value has increased by about 500%.

Price of a share (as of June 2021):

INR 12,488 per share on the Bombay Stock Exchange

INR 12,486 per share on the National Stock Exchange

13. Maruti Suzuki

INR 2,37,389 crores in market capitalization

About the company: Formerly known as Maruti Udyog Limited, Maruti Suzuki is an Indian automotive industry. It is a subsidiary of Japanese automobile manufacturer, Suzuki Corporation. It was founded by the Government of India.

It was established in 1981. Suzuki Motor Corporation purchased the company in 2003. Maruti Suzuki controls nearly half of the Indian passenger car market. It is regarded as one of the most reliable brands in the automotive business. Maruti Suzuki’s stock is among the most valuable in India.

Automobiles, commercial vehicles, trucks, and SUVs are all manufactured by the corporation. In the last five years, the value of its stock has increased by over 83%.

Price of a share (as of June 2021):

INR 7,643 per share on the Bombay Stock Exchange

INR 7,649 per share on the National Stock Exchange

14. SRF Limited

INR 41,094 crores in market capitalization

About the company: SRF Limited is an Indian-based chemical company. The company is engaged in technical textiles, polymers, and laminated fabrics. The company was founded in 1970. SRF Limited is a subsidiary of Kama Holdings Limited.

In addition, the organization offers a variety of educational and vocational services around the country. It is the world’s largest producer of nylon tire cord cloth for bicycles and big trucks. The firm operates eight manufacturing facilities across the country. In the last five years, the value of its stock has increased by nearly 435%.

Price of a share (as of June 2021):

INR 7,044 per share on the Bombay Stock Exchange

INR 7,046 per share on the National Stock Exchange

15. Ultratech Cement Limited

INR 2,00,826 crores in market capitalization

About the company: Ultratech Cement Limited is an Indian-based building material manufacturer. The company is engaged in the production of cement, and other building material products and services. It is a subsidiary of Aditya Birla Group.

It has an annual output capacity of 116.75 million tonnes. Ultratech Cement is the only company in the world with an annual production capacity of more than 100 million tonnes. Ultratech’s stock is one of the most expensive in India.

Price of a share (as of June 2021):

INR 6,923 per share on the Bombay Stock Exchange

INR 6,922 per share on the National Stock Exchange

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15 Most Expensive Stocks In India – Comparision

Sr. No. Company Market Cap Share price in BSE(As per June 2021) Share price in NSE (As per June 2021) Products and services  
1. MRF INR 34,343 crores Rs. 80,515 Rs. 80,514 Tires, Toys, Sports equipment, Conveyor belt, Paints, Coats
2. HoneywellAutomation  INR 35,521 crores Rs. 39,960 Rs. 39,896 Technologies, aerospace, provide software business solutions
3. Page industries INR 32,915 crore Rs. 29,458 Rs. 29,455 Undergarments, laungewares, swim wares
4. Shree cement INR 1,03,452 crore Rs. 28,727 Rs. 28,729 Portland cement.
5. 3M India INR 28,454 crores Rs. 25,092 Rs. 25,060 More than 55,000 products in the Industrial, Safety, and Graphics, Electronics and Energy, Health Care, and Consumer market.
6. Nestle India INR 1,69,882 crores Rs.17,501 Rs.17,506 Food, snacks, dairy products, and beverages.
7. Abbott India INR 34,843 crores Rs. 16,488 Rs. 16,471 Nutritional products, pharmaceutical products, and medicines.
8. Tasty bite eatables INR 3,927 crores Rs. 156,37  Rs.  15,657 Food and snacks
9. The Yamuna  syndicate INR 461 crores Rs. 15,595 Not listed  petrol, diesel, lubricants, grease, batteries, lights, fans, and electronic appliances.
10. Bosch INR 44,088 crores Rs. 15078 Rs. 15,076 Electronic appliances.
11. P & G Hygiene  INR 45,161 crores  INR 13,807 INR 13,812 consumer goods such as baby care products, health care, laundry products, feminine care, and more
12. Bajaj Finserv INR 1,95,923 crores INR 12,488 INR 12,486 Renewable energy from wind turbines, home loans, personal loans, business loans, wealth management, and insurance.
13. Maruti Suzuki INR 2,37,389 crores INR 7,643 INR 7,649 automobiles, commercial vehicles, trucks, and SUVs.
14. SRF INR 41,094 crores INR 7,044 INR 7,046 Chemicals, technical textile, polymers, and laminated fabrics
15. Ultratech Cement INR 2,00,826 crores INR 6,923 INR 6,922 Cement and other Building material solutions

All figures in the table above are for June 2021. Because the market is so volatile, this information may change.

Investors may be more concerned with the share’s value than its price, but it is far better to invest in blue-chip stocks. (A blue-chip stock is a large corporation with a strong market position.)

They are often large, well-established, and financially solid corporations that have been in operation for many years) than in penny stock (Penny stocks trade at a very low price, have a very low market capitalization, are mostly illiquid, and are normally listed on a smaller exchange). The price of penny stocks in the Indian stock market might be less than Rs 15).

Frequently Asked Questions

Why do stock market prices fluctuate?

Because of the demand-supply ratio, the price may change. When demand for a stock exceeds supply, the price will rise. Additional factors, such as company- or industry-related factors, may influence prices.

During COVID-19, for example, the value of pharmaceutical companies’ stock skyrockets.

Why are some shares highly-priced?

The simple explanation is that the value of a share is determined by its split. If a corporation has only issued 100 shares, for example, the shares will be highly valued. And if the company issues 1000 shares, each share will be relatively inexpensive.

What are blue-chip companies?

Blue-chip firms are those that are well-known, reputable, and have a large market capitalization. GAIL (India), Infosys, State Bank of India (SBI), Bharti Airtel, Tata Consultancy Services (TCS), Coal India, ITC, Reliance Industries, HDFC Bank, ONGC, Sun Pharma, and ICICI Bank are just a few of India’s most powerful blue-chip companies.

What is Nifty 50?

The Nifty 50 index is a collection of the top 50 large-cap businesses listed on India’s National Stock Exchange.

Is it worth it to invest in penny stocks?

These are the most difficult. Because penny stocks have small market capitalizations, they are easier to manipulate. Penny stocks should be avoided by long-term investors.

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