In India, generally, a company’s share price in the stock market is priced below Rs. 1000. There are over 3500 companies that are listed on the Indian stock market that have share prices of less than Rs 500 per share. Apart from that, several companies trade at multiple thousands of rupees. In this article, we discuss the top 10 companies with the highest share price in India.
One thing to note: the company’s share price has nothing to do with the valuation. For example, a company may have a share of Rs 2000, but it can be undervalued compared to other similar companies. On the other hand, a company with Rs 100 can be overvalued.
Buying high-priced stocks can be a bit difficult for normal investors. But keeping an eye on these stocks can be interesting.
This article covers the most expensive shares in India, i.e., the Top 10 companies with the highest share price in India. Here are the 10 companies with the highest current share price they are currently trading at.
Note: it is important to analyze the companies before investing in stocks mentioned in the blog. The high stock price doesn’t come with the guarantee of a fundamentally strong company and vice versa. Here is the article covering the top 10 expensive shares in India.
- List of Top 10 Companies with the highest share price in India
- 1. MRF (RS. 71,200.00)
- 2. Honeywell Automation (Rs. 41,801.00)
- 3. Page Industries (Rs. 41,770.30)
- 4. 3M India (Rs. 24,700.00)
- 5. Shree Cements (Rs.24,050.00)
- 6. Nestle India (Rs. 18,389.05)
- 7. Bosch (Rs. 16,360.00)
- 8. Abbott India (Rs. 16,056.05)
- 9. Bajaj Finserv (Rs.15,190.00)
- 10. The Yamuna Syndicate Ltd. (Rs.14,316.00)
- Frequently Asked Questions (FAQs)
List of Top 10 Companies with the highest share price in India
Here is the list of the top 10 companies with the highest share price in India, and it covers the key details and tiers’ current and industry PE ratios.
1. MRF (RS. 71,200.00)
Market Capitalisation = Rs. 30,251 Cr
The first one on the list is the Madras Rubber Factory (MRF), a leading Tyre manufacturer. They produce a wide range of tyres, and they have specialized in their product range like Car & bike tyres, trucks/bus tyres, etc.
MRF has the highest share price in India among all the compass listed on BSE/NSE. The all-time high share price of MRF is Rs. 71,200.00. The company has never split its shares moreover has a current P/E ratio of 25.01.
2. Honeywell Automation (Rs. 41,801.00)
Market Capitalisation = Rs. 37,047 Cr
Honeywell Automation India Ltd. is a subsidiary of Honeywell group, USA. They are leading integrated automation and software solutions providers. Honeywell automation provides a wide range of product portfolios in environmental and combustion controls, sensing and control, etc.
Honeywell’s stock price is currently Rs. 41,801.00. It is currently trading at a PE of 85.82.
3. Page Industries (Rs. 41,770.30)
Market Capitalisation = Rs. 41,770.30 Cr
Page Industries is one of the textile industry’s leading operators and a manufacturer and retailer of innerwear, loungewear, and socks. One famous brand under page industries is Jockey (Underwear and inner wears company).
The stock has proven to be a multi-bagger from the last couple of years, and they have given returns of 182.40% in the previous ten years. The current PE ratio of Page Industries is 105.72.
4. 3M India (Rs. 24,700.00)
Market Capitalisation = Rs. 27,495 Cr
3M is one of the leading subsidiaries of 3M Company USA in India. The company holds around a 75% equity stake in the company. It offers a wide range of products portfolio, i.e., dental cement, health care, cleaning, etc.
The current standalone PE is 124.13. Moreover, it has given a return of 28.90% in the last 1-Year.
5. Shree Cements (Rs.24,050.00)
Market Capitalisation = Rs. 87,043 Cr
Shree Cement is the leading cement manufacturer in India, and its headquarters are situated in Kolkata. The company was founded in the Beawar, Ajmer district, Rajasthan, in 1979. Moreover, Shree Cement has been the biggest cement maker in northern India. They sell power under the name of Shree Power and Shree Mega Power.
The current trading PE of 29.33 has given a return of 5.61% in the last year.
6. Nestle India (Rs. 18,389.05)
Market Capitalisation = Rs. 177,254 Cr
Nestle India is one of the leading food processing industries with the highest market capitalization compared to the top 10 companies with the highest share price. It has famous product ranges such as Maggi, Kit-Kat, Nescafe, Every day, etc. This is a leading Indian subsidiary of a Swiss multinational company. One of the major companies in the FMCG Sector. Moreover, the company has given a return of 7.79% in the last year. The current trading PE is 79.10.
7. Bosch (Rs. 16,360.00)
Market Capitalisation = Rs. 48,062 Cr
Bosch is a part of the German multinational company that is Robert Bosch. The company’s headquarters are situated in Germany, and it deals in the Auto Ancillary industry, i.e., automobile ancillaries industry.
Moreover, the current trading PE is 37.11. The shares have given a return of 6.74% in the last year.
8. Abbott India (Rs. 16,056.05)
Market Capitalisation = Rs. 34,175 Cr
Abbott India is a Pharmaceutical and Drugs company headquartered in Mumbai, a subsidiary of Abbott Laboratories. They are the leading manufacturers of high-quality medicines in the therapeutic categories such as women’s health, gastroenterology, cardiology, metabolic disorders, and primary care.
Moreover, the current trading PE is 47.54, and the stock returns of the year are 12.90%
9. Bajaj Finserv (Rs.15,190.00)
Market Capitalisation = Rs. 241,869 Cr
Bajaj Finserv is a leading name in lending, asset management, wealth management, and insurance. The company is a subsidiary of Bajaj Holdings & Investments Limited.
Moreover, Bajaj Finserv has a current trading PE ratio of 57.77. The shares have given a return of over 74.14% in the last year.
10. The Yamuna Syndicate Ltd. (Rs.14,316.00)
Market Capitalisation = Rs. 440 Cr
The Yamuna Syndicate Limited is a leading trader & marketer of tractors, industrial lubes, automotive, batteries, electrical, pesticides & fertilizers, and sugar. Moreover, they are also running petrol pumps. The company started in the year 1954 that is based in Yamuna Nagar in India.
They are currently trading at a PE of 6.04. The stock has given a return of 44.97% in the last year.
Frequently Asked Questions (FAQs)
Currently, the highest share price is MRF (Madras Rubber Factory). This Is a multinational company dealing in the manufacturing of tyres, and the current share price is ₹71,200.00.
There are about 173 stocks that gave more than ten times the returns to their clients. One of the latest grosses is Symphony Ltd. which has emerged as a top grosser with 0.50 per share, and in December 2019, its price was 1095.70. This accounts for a 2,16,860% increase. Moreover Bajaj Finance increased by 153,459% and UPL by 1,15,318% in the same period.
3. Are high-priced stocks less volatile?
Yes, compared to the low-price stocks, the higher-priced stocks are less volatile, and they are more on a stable side and have less speculation. Trading volumes are usually indicators of volatility. Usually, the high price stock has less trading volume because small investors cannot invest a high capital.