{"id":444,"date":"2021-03-03T19:04:17","date_gmt":"2021-03-03T19:04:17","guid":{"rendered":"https:\/\/stockezy.com\/?p=444"},"modified":"2021-05-23T07:29:33","modified_gmt":"2021-05-23T07:29:33","slug":"most-expensive-stocks-in-india","status":"publish","type":"post","link":"https:\/\/stockezy.com\/most-expensive-stocks-in-india\/","title":{"rendered":"Top 10 Most Expensive Stocks in India"},"content":{"rendered":"

Which share is the most expensive in the stock market in India?<\/em><\/p>\n

There are two ways to look at this, the stock price and the stock P\/E. Obviously, both the terms have different meanings, but I know you guys are here to know about the most expensive stocks in terms of the stock price.<\/p>\n

I think you might have an idea about the most expensive stock in the Indian stock market, if not, don’t sweat. Its MRF, the stock price is around 90,000 at the moment, and it started from a mere 11 rs in 1993. In 28 years, the stock gave a multi-fold return. And I know you would love to know how much you could have made had you invested in MRF at 100rs.<\/p>\n

So, if you had invested 1 Lakh rs when the stock was around 100rs, you would have 1,000 shares in your Demat account. Now its current price is 90,000, simply multiply it by 1,000, and you would get Rs 9 crore. This is without taking in the dividend or any other bonus into the account.<\/p>\n

What does the above example tell you? Well, patience is the key to make good money in stocks. Invest for the long-term (10-20 years period). Don’t worry about corrections, in fact, you should buy more stocks when the market is down.<\/p>\n

Top 10 Most Expensive Stocks in India<\/strong><\/h2>\n

Now let’s see the top 10 most expensive stocks in the Indian stock market:<\/em><\/p>\n

1. MRF<\/strong><\/span><\/h3>\n

Madras Rubber Factory<\/em>\u00a0(MRF<\/em>) is a Tyre manufacturer that produces a wide range of tyres.<\/p>\n

\"MRF<\/p>\n

2. Honeywell Automation India<\/span><\/strong><\/h3>\n

Honeywell Automation India Ltd (HAIL) is a market leader in Electronics-Instrumentation and Process Control equipment industry.\u00a0HAIL is a leader in providing integrated automation and software solutions, including process solutions and building solutions.<\/p>\n

\"Honeywell<\/p>\n

3.\u00a0Page Industries<\/strong><\/span><\/h3>\n

Page Industries Limited located is the exclusive licensee of JOCKEY International Inc. (USA) for manufacture, distribution and marketing of the JOCKEY\u00ae brand in India, Sri Lanka, Bangladesh, Nepal, UAE, Oman and Qatar. It is also the exclusive licensee of Speedo International Ltd. for the manufacture, marketing and distribution of the Speedo brand in India.<\/p>\n

\"Page<\/p>\n

4. Shree Cement<\/strong><\/span><\/h3>\n

Shree Cement Limited is one of India’s Top three cement producers and among the fastest growing, with an installed capacity of 40.4 Million Tonnes Per Annum in India and 44.4 including overseas. Shree also has an installed Power Generation Capacity of 742 Mega Watts which includes Waste Heat Recovery Power, Solar Power, Wind Power along with others.<\/p>\n

\"Shree<\/p>\n

5. 3M India<\/strong><\/span><\/h3>\n

3M India Ltd is the subsidiary of 3M Company USA. It is a diversified technology and science company with a global presence in Industrial, Health Care, Consumer, Safety and Graphics, and Energy businesses and is among the leading manufacturers of products for many of the markets it serves.<\/p>\n

\"3M<\/p>\n

6. Dixon Technologies (India)<\/strong><\/span><\/h3>\n

Dixon Technologies (India) Limited has been leading the electronic manufacturing services (EMS) space in India. It is a manufacturing company which provides design focused solutions in consumer durables, home appliances, lighting, mobile phones and security devices to customers across the globe.<\/p>\n

\"Dixon<\/p>\n

7. Nestle India<\/strong><\/span><\/h3>\n

Nestl\u00e9 India is one of the largest players in India’s Fast-moving consumer goods segment. NESTL\u00c9 India is a subsidiary of NESTL\u00c9 S.A. of Switzerland. Nestl\u00e9 is the world\u2019s largest food and beverage company with more than 2000 brands ranging from global icons to local favourites.<\/p>\n

\"Nestle<\/p>\n

8. Bosch<\/strong><\/span><\/h3>\n

Bosch India is a subsidiary of Robert Bosch GmbH. It is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. Additionally, Bosch has, in India, the largest development center outside Germany, for end-to-end engineering and technology solutions.<\/p>\n

\"Bosch<\/p>\n

9.\u00a0Abbott India<\/strong><\/span><\/h3>\n

Abbott India Limited is one of the largest pharmaceutical company in India. It a subsidiary of Abbott Laboratories USA. Abbot India offers high-quality trusted medicines in multiple therapeutic categories such as women’s health, gastroenterology, cardiology, metabolic disorders and primary care.<\/p>\n

\"Abbott<\/p>\n

10. Tasty Bite Eatables<\/strong><\/span><\/h3>\n

Tasty Bite Eatables Limited (TBEL) in an Indian company that manufactures and markets Tasty Bite a range of shelf stable all-natural and ready-to-serve (RTS) ethnic food products.<\/p>\n

\"Tasty<\/p>\n

So this was the list of most expensive stocks in India based on these companies’ stock price over the years. Always remember, the stock price is not a good indicator of how cheap or expensive the stock is. It is not a good criteria for buying or selling stocks. You should always buy stocks by researching the company’s business, financials, management, and fundamentals before investing your hard-earned money.<\/em><\/p>\n

Also Read:<\/strong> Is it a good time to invest in the stock market?\u00a0<\/a><\/p>\n

Happening\u2019s Around the Stock Market (03-03-2021)<\/strong><\/span><\/h3>\n