Did you know that the most expensive share in India costs more than ₹1.4 lakh per share?
And that it belongs to a company that started as a tyre manufacturer in 1946?
Not only this, there are multiple others that outshine the list of the top 10 most expensive shares in India.
Curious to explore the companies with the highest share price in India?
Let us begin.
- List of 10 Most Expensive Shares in India
- Exploring the Investment Opportunities in the Most Expensive Shares in India
- 1st MRF- Costliest Share in India
- 2nd Highest Share Price in India- HONAUT
- 3rd Highest Share Price in India- PAGEIND
- 4th Highest Share Price in India- 3MINDIA
- 5th Highest Share Price in India- SHREECEM
- 6th Highest Share Price in India- ABBOTINDIA
- 7th Highest Share Price in India- BOSCHLTD
- 8th Highest Share Price in India- PGHH
- 9th Highest Share Price in India- ZF CV India
- 10th Highest Share Price in India- TastyBite
- FAQs | Most Expensive Shares in India
List of 10 Most Expensive Shares in India
Source: Data shared by NSE on 30th Jan 2024.
Exploring the Investment Opportunities in the Most Expensive Shares in India
1st MRF- Costliest Share in India
MRF, also known as Madras Rubber Factory, is a multinational tyre manufacturing company and the largest manufacturer of tyres in India.
Do you know?
The name ‘MRF’ originates from its early days when it was known as Madras Rubber Factory.
Established in 1946 and headquartered in Chennai, Tamil Nadu, MRF has grown to become the largest tyre manufacturer in India and has a significant global presence.
MRF is highly regarded for its superior quality tyres across a wide range of vehicles, including passenger cars, commercial vehicles, motorcycles, and off-road vehicles.
Why Should You Consider This Most Expensive Share in India?
- MRF’s continuous focus on innovation keeps it ahead in the industry, attracting customers and maintaining its competitive edge.
- Additionally, although MRF stock is currently ranked as the most expensive share in India, its high valuation reflects the confidence investors have in its strong market position and potential for future growth.
2nd Highest Share Price in India- HONAUT
Nestled in the heart of Pune, Maharashtra, there’s a company quietly shaping the future of automation.
Established in 1984, Honeywell Automation India Limited (HAIL), based in Pune, Maharashtra, is a leader in integrated automation and control systems, offering software solutions for both processes and buildings.
Have you been on the lookout for some of the top stocks in the automation sector?
For starters, it’s not just any company – it’s a prominent player with a market valuation exceeding $350 million.
HONAUT is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Their wide range of products, from environmental controls to sensing systems, showcases their versatility and expertise.
Plus, their engineering services are sought after globally, adding another layer of appeal for potential investors.
3rd Highest Share Price in India- PAGEIND
Do you know the company that brought Jockey Innerwear to India?
With the exclusive licensee of Jockey International Inc. (USA), PAGE Industries is famous for bringing high-quality innerwear to India. Page Industries holds the exclusive rights to manufacture, distribute, and market Jockey products in India, Sri Lanka, Bangladesh, Nepal, and the UAE.
Page Industries Limited, or Page Industries, is a well-known Indian company based in Bangalore that focuses on making and selling innerwear, loungewear, and socks.
So, if you’re thinking about investing, think about how many people love Jockey and how much they’re likely to keep buying.
That’s some serious market potential right there!
4th Highest Share Price in India- 3MINDIA
3M India Limited is the Indian subsidiary of 3M Company, a multinational conglomerate known for its innovation in various sectors, including industry, healthcare, and consumer goods.
3M India is recognised for its commitment to research and development, unfailingly introducing innovative products and technologies to address evolving market needs.
So, if you’re thinking about investing, you’re not just investing in a company.
You’re investing in a whole culture of innovation that’s constantly shaping the future.
5th Highest Share Price in India- SHREECEM
How did this company manage to become India’s third-largest cement producer?
Shree Cement is among India’s most eco-friendly and rapidly expanding, which welcomes diverse viewpoints, proactive action and constant innovation to generate joy for everyone involved.
Founded in Beawar, Rajasthan, it’s now headquartered in Kolkata and ranks as India’s third-largest cement producer.
So, if you’re thinking about investing, Shree Cement is about investing in a company that’s all about innovation, sustainability, and being part of something bigger.
Started back in ’79, and now they’re one of the big players in India’s cement industry.
And with India’s economy booming, that’s a smart place to be.
6th Highest Share Price in India- ABBOTINDIA
Ever wondered how a single company could cater to the diverse healthcare needs of India?
Curious about the success story behind Abbott India Limited, a prominent pharmaceutical player in the country?
Abbott India, a subsidiary of the renowned Abbott Laboratories, operates as a powerhouse in manufacturing, marketing, and distributing over 600 healthcare, pharmaceutical, and nutritional products.
Want to Explore this another one of the highest shares in India?
You would be investing in a company with a solid reputation and a track record of success.
And let’s not forget that healthcare is always going to be in demand.
People need these products, no matter what.
It’s like investing in a stable, growing industry with a company that’s well-positioned to thrive.
7th Highest Share Price in India- BOSCHLTD
Ever heard about the tech powerhouse of India?
Bosch Limited, a subsidiary of the renowned Bosch Group headquartered in Germany, stands tall as a global engineering and technology company.
From Mobility Solutions to Industrial Technology, Consumer Goods to Energy and Building Technology, Bosch covers it all.
And guess what?
They’ve set up the largest development centre in India outside Germany, paving the way for comprehensive engineering and technology solutions right here on Indian soil.
Investing in Bosch Limited might offer:
- Stability and access to advanced resources as part of the globally renowned Bosch Group.
- Diversification across multiple sectors, reducing risk.
- Potential for growth driven by innovation and a strong focus on technology.
- Benefiting from India’s expanding automotive and manufacturing sectors.
8th Highest Share Price in India- PGHH
Procter & Gamble Hygiene and Health Care Ltd. (PGHH) is a renowned company operating in the personal care and healthcare sector.
It is a subsidiary of Procter & Gamble, a global consumer goods corporation.
PGHH is known for its portfolio of products that include personal hygiene and health care items.
Why should you invest in PGHH?
With a track record of success and a commitment to delivering products that make a difference in people’s lives, PGHH is balanced for continued growth and success in the personal care and healthcare sectors.
9th Highest Share Price in India- ZF CV India
Meet the Engines driving the future of mobility in India- ZF Commercial Vehicle Control Systems India Ltd.
It is a worldwide company that provides systems for different types of vehicles and industrial applications.
ZFCVIndia is listed on both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE).
Why should you invest in ZF CV India?
Because it’s not just about investing in a company; it’s about investing in the future of transportation and continuous innovation.
10th Highest Share Price in India- TastyBite
Specialising in convenient, flavorful, and sustainable food products, Tasty Bite is on a mission to redefine mealtime for consumers worldwide.
Whether you’re vegan, vegetarian, or simply looking for a convenient meal option, Tasty Bite has something for everyone.
Their service is available in the US, Canada, Australia, New Zealand, Japan, Germany, and the UK.
Why should you invest in Tasty Bite?
Because it’s more than just a food company; it’s a culinary revolution with a conscience.
By investing in Tasty Bite, you’re investing in a healthier, more flavorful future for all while also minimising environmental impact.
In summary, India’s stock market hosts some of the most expensive shares, led by MRF at a whopping ₹140,619.85 per share. These companies, covering various sectors like manufacturing and healthcare, offer you not just high valuations but also stability, innovation, and growth potential.
Whether it’s MRF’s tyre dominance or Abbott India’s healthcare reputation, each offers a unique chance for investors looking for quality and value.
FAQs | Most Expensive Shares in India
The highest-priced share in India is MRF, with a valuation of ₹140,619.85 as of 30th Jan 2024
The costliest share in India, based on its valuation, is MRF, priced at ₹140,619.85 as of 30th Jan 2024.
The share with the highest value in India is MRF, valued at ₹140,619.85, as of data shared by NSE on 30th Jan 2024.
MRF shares are expensive because MRF is a leading tyre manufacturing company known for its high-quality products and strong market position. The company’s reputation and performance attract investors, driving up demand for its shares, and thus their price is high.
Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.