Here we would like to clarifies the terms about costliest share in India or most expensive share in India is not based on share valuation, here we are talking in terms of their price which is highest in the market compare to other shares
List of Costliest Share in India
| Share Name | Stock Price (₹ ) | Market Cap (₹ in crores ) | P/E Ratio |
MRF Ltd | 86802.70 | 36823.43 | 62.04 |
| Page Industries Ltd | 37417.30 | 41728.49 | 61.06 |
| Honeywell Automation India Ltd | 41,209.80 | 36,435.74 | 95.30 |
| Shree Cement Ltd | 24,286.45 | 87,627.33 | 53.35 |
| 3M India Ltd | 22,082.05 | 24,875.58 | 70.38 |
| Abbott India Ltd | 21,654.95 | 46,015.26 | 52.19 |
Nestle India Ltd | 19,850.60 | 1,91,390.98 | 88.40 |
| Bosch Ltd | 17,285.10 | 50,980.05 | 39.46 |
| Procter & Gamble Health Ltd | 4,094.30 | 6,796.28 | 33.84 |
| Kama Holdings | 12248.30 | 7900.15 | 6.22 |
Yamuna Syndicate | 12198.95 | 374.95 | 5.29 |
| Bombay Oxygen Investments Ltd | 11348.00 | 170.22 | 39.86 |
Lak. Mach. Works | 10673.05 | 11388.03 | 30.56 |
ZF Commercial | 10342.95 | 19608.83 | 71.81 |
Here are the Costliest Share in India
MRF Ltd
MRF Limited (MRF) is an Indian multinational company that is engaged in the manufacture and sale of a wide range of tires, including tires for automobiles, tractors, trucks, buses, and off-road vehicles. The company was founded in 1946 and is headquartered in Chennai, Tamil Nadu. It is one of the largest tire manufacturers in India and has a significant presence in the global market.
MRF’s product range includes a wide variety of tires for different applications, including passenger car tires, light truck tires, truck and bus tires, off-road tires, and specialty tires. The company also manufactures a range of other products, such as paints and pre-stressed concrete sleepers.
In addition to its manufacturing operations, MRF also operates a network of retail outlets and authorized dealers across India and several other countries. The company has a strong brand reputation and is known for the quality and performance of its products.
MRF is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).
Page Industries Ltd
Page Industries Limited (Page Industries) is an Indian multinational company that is engaged in the manufacture and sale of innerwear and leisurewear products. The company was founded in 1995 and is headquartered in Bangalore, Karnataka. It is the exclusive licensee of Jockey International Inc. in India, Sri Lanka, Nepal, and the United Arab Emirates (UAE).
Page Industries’ product range includes a wide variety of innerwear and leisurewear products for men, women, and children, including bras, briefs, lingerie, loungewear, swimwear, and activewear. The company also manufactures a range of other products, such as socks and hosiery.
In addition to its manufacturing operations, Page Industries also operates a network of retail outlets and authorized dealers across India and several other countries. The company has a strong brand reputation and is known for the quality and comfort of its products.
Page Industries is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).
Honeywell Automation India Ltd
Honeywell Automation India Limited (HAIL) is an Indian subsidiary of Honeywell International Inc., a global technology and manufacturing company. HAIL is engaged in the design, development, and manufacture of a wide range of products and solutions in the fields of aerospace, home and building technologies, performance materials and technologies, and safety and productivity solutions.
HAIL’s product range includes a wide variety of products and solutions for different applications, including aviation, automotive, energy, industrial, and commercial markets. The company’s products and solutions are used in a variety of sectors, including transportation, aerospace, oil and gas, chemical, pharmaceutical, and food and beverage.
HAIL has manufacturing facilities in several locations in India, as well as a network of sales and service offices across the country. The company is known for its innovation and expertise in a range of technologies, including software, control systems, sensors, and materials science.
HAIL is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).
Shree Cement Ltd
Shree Cement Limited (SCL) is an Indian multinational company that is engaged in the manufacture and sale of cement and cement-based products. The company was founded in 1979 and is headquartered in Kolkata, West Bengal. It is one of the largest cement producers in India and has a significant presence in the global market.
SCL’s product range includes a wide variety of cement and cement-based products for different applications, including ordinary Portland cement, Portland pozzolana cement, and Portland slag cement. The company also manufactures and sells clinker, fly ash, gypsum, and other cement-related products.
In addition to its manufacturing operations, SCL also operates a network of sales and distribution centers across India and several other countries. The company has a strong brand reputation and is known for the quality and performance of its products.
SCL is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).
3M India Ltd
3M India Limited (3M India) is an Indian subsidiary of 3M, a global science-based technology company. 3M India is engaged in the research, development, manufacture, and sale of a wide range of products and solutions in the fields of health care, safety, transportation, and consumer products.
3M India’s product range includes a wide variety of products and solutions for different applications, including health care, personal protection, transportation, consumer products, and energy. The company’s products and solutions are used in a variety of sectors, including health care, industrial, construction, transportation, and consumer products.
3M India has manufacturing facilities in several locations in India, as well as a network of sales and service offices across the country. The company is known for its innovation and expertise in a range of technologies, including adhesives, films, and materials science.
3M India is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).
Abbott India Ltd
Abbott India Limited (Abbott India) is an Indian subsidiary of Abbott, a global healthcare company. Abbott India is engaged in the research, development, manufacture, and sale of a wide range of health care products and solutions.
Abbott India’s product range includes a wide variety of products and solutions for different applications, including pharmaceuticals, nutrition, diagnostics, and medical devices. The company’s products and solutions are used in a variety of sectors, including hospitals, clinics, pharmacies, and consumer health.
Abbott India has manufacturing facilities in several locations in India, as well as a network of sales and distribution centers across the country. The company is known for its innovation and expertise in a range of health care technologies, including pharmaceuticals, nutrition, and diagnostics.
Abbott India is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).
Nestle India Ltd
Nestle India Limited (Nestle India) is an Indian subsidiary of Nestle, a global food and beverage company. Nestle India is engaged in the research, development, manufacture, and sale of a wide range of food and beverage products.
Nestle India’s product range includes a wide variety of products for different applications, including milk, dairy, beverages, confectionery, and prepared dishes. The company’s products are sold through a variety of channels, including retail stores, online platforms, and food service outlets.
Nestle India has manufacturing facilities in several locations in India, as well as a network of sales and distribution centers across the country. The company is known for its innovation and expertise in the food and beverage industry, and is committed to producing high-quality products that meet the nutritional needs of consumers.
Nestle India is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).
Bosch Ltd
Bosch Limited (Bosch) is an Indian multinational company that is engaged in the research, development, manufacture, and sale of a wide range of products and solutions in the fields of automotive, industrial technology, consumer goods, and energy and building technology. The company was founded in 1886 and is headquartered in Bangalore, Karnataka. It is a leading player in the Indian market and has a significant presence in the global market.
Bosch’s product range includes a wide variety of products and solutions for different applications, including automotive, industrial, energy, and consumer goods. The company’s products and solutions are used in a variety of sectors, including automotive, industrial, energy, and consumer goods.
Bosch has manufacturing facilities in several locations in India, as well as a network of sales and service offices across the country. The company is known for its innovation and expertise in a range of technologies, including automotive, industrial, and energy.
Bosch is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).
Procter & Gamble Health Ltd
Procter & Gamble Health Limited (P&G Health) is an Indian subsidiary of Procter & Gamble (P&G), a global consumer goods company. P&G Health is engaged in the research, development, manufacture, and sale of a wide range of health care and personal care products.
P&G Health’s product range includes a wide variety of products for different applications, including health care, personal care, and home care. The company’s products are sold through a variety of channels, including retail stores, online platforms, and health care professionals.
P&G Health has manufacturing facilities in several locations in India, as well as a network of sales and distribution centers across the country. The company is known for its innovation and expertise in the health care and personal care industry, and is committed to producing high-quality products that meet the needs of consumers.
Kama Holdings Ltd
KAMA Holdings Ltd is a core investment company while the principal activities of its subsidiaries are manufacturing, purchasing, and sale of technical textiles, chemicals, packaging films, and other polymers.
The Company receives revenue from the activities of its subsidiary companies.
Technical Textiles business: Nylon tyre cord fabric, belting fabric, polyester tire cord fabric.
Yamuna Syndicate Ltd
Established in 1955, Yamuna Syndicate Ltd. is engaged in trading & marketing of a wide variety of products, components, and consumables related to the auto sector, agro-chemicals as well as industrial and consumer electricals.
The company holds 45% stake in IHEL, which is the flagship company of the ISGEC Group.
The company has Two Retail Outlets in for Industrial & Consumer Electrical Goods (home appliances, energy efficient fans, lighting, switches, wires etc). The company is an authorized dealer of
Bombay Oxygen Investments Ltd
Bombay Oxygen Investments Limited (BOIL) is an Indian company that is engaged in the manufacture and sale of a wide range of products and solutions in the fields of industrial gases and engineering. The company was founded in 1960 and is headquartered in Mumbai, Maharashtra. It is a leading player in the Indian market and has a significant presence in the global market.
BOIL’s product range includes a wide variety of products and solutions for different applications, including industrial gases, engineering, and healthcare. The company’s products and solutions are used in a variety of sectors, including industrial, healthcare, and engineering.
BOIL has manufacturing facilities in several locations in India, as well as a network of sales and service offices across the country. The company is known for its innovation and expertise in a range of technologies, including industrial gases and engineering.
BOIL is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).
ZF Commercial Vehicle Control System India Ltd
Operating under the ZF WABCO brand and part of ZF Group Commercial Vehicle Control Systems Division, WABCO INDIA Limited is India’s market leader for advanced braking systems, conventional braking products and related air assisted technologies and systems in India.
It also provides software development and other services. Its headquarter is in Chennai, India.
It is the market leader for advanced braking systems, conventional braking products, and related air-assisted technologies and systems in India.
How to know share is expensive
There are a few factors that can help you determine whether a share is expensive or not:
Price-to-earnings ratio (P/E ratio): The P/E ratio is a measure of a company’s stock price relative to its earnings per share. A higher P/E ratio may indicate that a share is expensive, as it suggests that investors are willing to pay more for the company’s earnings. A lower P/E ratio may indicate that a share is undervalued.
Market capitalization: Market capitalization, or market cap, is a measure of the size of a company. It is calculated by multiplying the number of a company’s outstanding shares by the current market price per share. Companies with a higher market cap may be considered more established and financially stable, but their shares may also be considered more expensive.
Industry comparison: Comparing a company’s share price to the average or median share price of its peers in the same industry can help you determine whether the share is expensive or not. If a company’s share price is significantly higher than its peers, it may be considered expensive.
Historical price trends: Examining the historical price trends of a share can give you an idea of whether it is currently overvalued or undervalued. If the share price has been consistently increasing over a long period of time, it may be considered expensive.
Conclusion:
Keep in mind that the most expensive shares in India will likely change over time, as stock prices are influenced by a variety of factors, such as company performance, market conditions, and investor sentiment. It is also important to note that the price of a share is not necessarily a reliable indicator of a company’s overall value or potential for investment. It is always recommended to conduct thorough research and due diligence before making any investment decisions.
This is the end of the post “costliest share in India: A Guide to the Most Expensive Shares”, Hope you enjoyed it.
Nirmal is a NISM Certified Derivative Trader & the Founder of InvestandEarn.net (Financial Blog). He entered the world of Equity research to explore his interests in financial markets having 5+ Years of Experience in Share Market Trading & Investing. Nirmal frequently writes about Share Market Trading & Investment and publishes his personal view on the market. Drop him a mail at nirmal.jaysval@investandearn.net.
