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Overview Of Most Expensive Stocks in India
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MRF Ltd
Current Price
1,36,911.70
High and Low Since One Year
1,51,445.00 / 1,04,807.00
PE Ratio
28.85
Current Price
1,36,911.70
High and Low Since One Year
1,51,445.00 / 1,04,807.00
PE Ratio
28.85
Why We Picked It
MRF is a leading Indian tire manufacturer, renowned for its wide range of products including tires, tubes, and conveyor belts. It holds a dominant position in the market due to its extensive distribution network and a strong brand reputation. MRF has consistently delivered strong financial performance, backed by innovation and quality in its offerings.
Also read: Why MRF Share Price Is So High
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Honeywell Automation India Ltd
Current Price
51,951.85
High and Low Since One Year
59,994.00 / 34,977.70
PE Ratio
85.15
Current Price
51,951.85
High and Low Since One Year
59,994.00 / 34,977.70
PE Ratio
85.15
Why We Picked It
Honeywell Automation India is a leader in providing automation and control solutions in India. The company offers products and services in various sectors, including energy efficiency, building automation, safety, and security.
Honeywell Automation has a strong presence in industries such as oil and gas, chemicals, and manufacturing. Its stock price is high due to its leadership in the automation sector and its ability to innovate and adapt to changing market needs.
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Page Industries Ltd
Current Price
40,205.85
High and Low Since One Year
42,922.00 / 33,070.05
PE Ratio
78.87
Current Price
40,205.85
High and Low Since One Year
42,922.00 / 33,070.05
PE Ratio
78.87
Why We Picked It
Page Industries is the exclusive licensee of Jockey International in India, Sri Lanka, Bangladesh, Nepal, and the UAE. The company specializes in the manufacturing, distributing, and marketing of innerwear, loungewear, and sportswear.
Page Industries has become synonymous with premium innerwear in India and has grown strongly due to its brand strength and expanding consumer base. Its high stock price reflects its status as a leading player in the Indian apparel market.
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3M India Ltd
Current Price
37,439.80
High and Low Since One Year
40,856.50 / 26,628.00
PE Ratio
68.40
Current Price
37,439.80
High and Low Since One Year
40,856.50 / 26,628.00
PE Ratio
68.40
Why We Picked It
3M India, a subsidiary of the global conglomerate 3M, operates across various sectors, including industrial, healthcare, consumer, and safety and graphics. Known for its innovative solutions, 3M India has a diverse product portfolio includes adhesives, abrasives, and medical products, reflecting its strong commitment to research and development.
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Bosch Ltd
Current Price
32,018.70
High and Low Since One Year
36,678.00 / 17,931.15
PE Ratio
36.85
Current Price
32,018.70
High and Low Since One Year
36,678.00 / 17,931.15
PE Ratio
36.85
Why We Picked It
Bosch is a leading supplier of technology and services in the areas of mobility solutions, industrial technology, consumer goods, and energy and building technology. The company has a strong presence in the automotive sector, providing vehicle electrification, safety, and automation solutions.
Bosch’s commitment to innovation and sustainability has helped it maintain its leadership position in India. The company’s stock price is high due to its strong market presence and consistent performance.
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Abbott India Ltd
Current Price
27,228.90
High and Low Since One Year
29,638.95 / 22,000.00
PE Ratio
46.68
Current Price
27,228.90
High and Low Since One Year
29,638.95 / 22,000.00
PE Ratio
46.68
Why We Picked It
Abbott India Ltd, a global healthcare giant Abbott subsidiary, focuses on pharmaceuticals and nutrition products. The company offers a wide range of high-quality, affordable medicines and is well-regarded for its consistent growth, driven by its robust portfolio in therapeutic areas like gastroenterology, women’s health, and cardiology.
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Shree Cement Ltd
Current Price
24,296.60
High and Low Since One Year
30,737.75 / 23,451.00
PE Ratio
41.44
Current Price
24,296.60
High and Low Since One Year
30,737.75 / 23,451.00
PE Ratio
41.44
Why We Picked It
Shree Cement is one of India’s top cement producers, with operations across several states. The company is known for its focus on sustainability, energy efficiency, and cost management, which has helped it achieve robust profitability.
Shree Cement also owns the IPL team Chennai Super Kings, adding to its brand visibility. Its stock is among the most expensive in India, reflecting its strong market position and growth prospects.
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Procter & Gamble Hygiene and Health Care Ltd
Current Price
17,017.85
High and Low Since One Year
19,250.00 / 15,155.55
PE Ratio
74.26
Current Price
17,017.85
High and Low Since One Year
19,250.00 / 15,155.55
PE Ratio
74.26
Why We Picked It
Procter & Gamble Hygiene and Health Care is a leader in the Indian FMCG sector, specializing in health and hygiene products. With popular brands like Whisper and Vicks, the company has a strong market presence and a legacy of consumer trust, supported by continuous product innovation and aggressive marketing.
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Dixon Technologies (India) Ltd
Current Price
11,740.45
High and Low Since One Year
12,879.00 / 4,585.00
PE Ratio
158.42
Current Price
11,740.45
High and Low Since One Year
12,879.00 / 4,585.00
PE Ratio
158.42
Why We Picked It
Dixon Technologies is a leading electronics manufacturing services (EMS) provider in India. The company is involved in designing, manufacturing, and distributing consumer electronics, home appliances, lighting products, and mobile phones. Dixon has been a major beneficiary of the Indian government’s push for local manufacturing and has seen rapid growth in recent years. Its high stock price indicates its expanding market share and future growth opportunities.
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UltraTech Cement Ltd
Current Price
11,300.35
High and Low Since One Year
12,078.00 / 7,987.65
PE Ratio
46.34
Current Price
11,300.35
High and Low Since One Year
12,078.00 / 7,987.65
PE Ratio
46.34
Why We Picked It
UltraTech Cement, a subsidiary of the Aditya Birla Group, is India’s largest manufacturer of grey cement, ready mix concrete, and white cement. The company has a strong domestic and international market presence, driven by its extensive production capacity, robust distribution network, and focus on sustainability.
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Hitachi Energy India Ltd
Current Price
11,010.80
High and Low Since One Year
14,382.00 / 3,895.90
PE Ratio
271.38
Current Price
11,010.80
High and Low Since One Year
14,382.00 / 3,895.90
PE Ratio
271.38
Why We Picked It
Hitachi Energy India, formerly known as ABB Power Products and Systems India Ltd, is a leading player in the power and energy sector. It provides innovative energy distribution and management solutions, focusing on renewable energy integration and digitalization, thus playing a crucial role in India’s energy transformation.
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Oracle Financial Services Software Ltd
Current Price
10,564.10
High and Low Since One Year
11,443.60 / 3,868.80
PE Ratio
37.36
Current Price
10,564.10
High and Low Since One Year
11,443.60 / 3,868.80
PE Ratio
37.36
Why We Picked It
Oracle Financial Services Software is a subsidiary of Oracle Corporation, which provides IT solutions to the financial services industry. The company offers a comprehensive suite of banking, insurance, and capital markets software, which helps financial institutions streamline operations, improve customer experience, and comply with regulatory requirements.
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Cera Sanitaryware Ltd
Current Price
10,420.45
High and Low Since One Year
10,789.95 / 6,591.20
PE Ratio
56.47
Current Price
10,420.45
High and Low Since One Year
10,789.95 / 6,591.20
PE Ratio
56.47
Why We Picked It
Cera Sanitaryware is a leading manufacturer of sanitaryware and bathroom solutions in India. Known for its innovative designs and high-quality products, Cera has a strong market presence with a diverse product range, including faucets, tiles, and wellness solutions, catering to residential and commercial segments.
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Solar Industries India Ltd
Current Price
10,333.60
High and Low Since One Year
13,298.00 / 3,877.65
PE Ratio
100.56
Current Price
10,333.60
High and Low Since One Year
13,298.00 / 3,877.65
PE Ratio
100.56
Why We Picked It
Solar Industries India is a prominent player in the explosives industry, specializing in manufacturing industrial explosives, initiating systems, and defense products. With a strong focus on safety and innovation, the company has established itself as a key supplier to sectors like mining, infrastructure, and defense in India and internationally.
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Tasty Bite Eatables Ltd
Current Price
10,076.10
High and Low Since One Year
19,791.95 / 9,100.00
PE Ratio
145.71
Current Price
10,076.10
High and Low Since One Year
19,791.95 / 9,100.00
PE Ratio
145.71
Why We Picked It
Tasty Bite Eatables is a leading manufacturer of ready-to-eat packaged foods in India. The company offers a wide range of products, including ready meals, sauces, and frozen foods, catering to domestic and international markets. Known for its focus on natural and organic ingredients, Tasty Bite has built a strong brand reputation, particularly in the health-conscious consumer segment.
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Bajaj Auto Ltd
Current Price
9,765.95
High and Low Since One Year
10,038.80 / 4,541.00
PE Ratio
33.62
Current Price
9,765.95
High and Low Since One Year
10,038.80 / 4,541.00
PE Ratio
33.62
Why We Picked It
Bajaj Auto is one of India’s leading motorcycles, scooters, and three-wheelers manufacturers. The company is known for its popular brands like Pulsar, Avenger, and RE. With a strong presence in both domestic and international markets, Bajaj Auto is a key player in the two-wheeler and three-wheeler segments, driven by its focus on innovation, quality, and cost-efficiency.
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Bajaj Holdings & Investment Ltd
Current Price
9,454.10
High and Low Since One Year
10,075.00 / 6,627.90
PE Ratio
14.02
Current Price
9,454.10
High and Low Since One Year
10,075.00 / 6,627.90
PE Ratio
14.02
Why We Picked It
Bajaj Holdings & Investment Ltd is an investment company and a part of the Bajaj Group. It holds strategic stakes in various group companies, including Bajaj Auto, Bajaj Finserv, and Bajaj Electricals. The company primarily focuses on managing its investment portfolio, which includes equity investments, fixed-income securities, and other financial instruments, contributing to the overall growth of the Bajaj Group.
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Bengal & Assam Company Ltd
Current Price
9,357.20
High and Low Since One Year
10,388.95 / 4,850.00
PE Ratio
2.69
Current Price
9,357.20
High and Low Since One Year
10,388.95 / 4,850.00
PE Ratio
2.69
Why We Picked It
Bengal & Assam Company is a diversified investment holding company, with interests in various sectors through its subsidiaries and associate companies. The company’s portfolio includes investments in industries such as textiles, cement, and automotive components. It plays a significant role in managing and nurturing the investments of the J.K. Organization, a prominent Indian industrial group.
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Maharashtra Scooters Ltd
Current Price
9,294.60
High and Low Since One Year
9,527.00 / 5,610.10
PE Ratio
49.46
Current Price
9,294.60
High and Low Since One Year
9,527.00 / 5,610.10
PE Ratio
49.46
Why We Picked It
Maharashtra Scooters, a joint venture between the Maharashtra State Government and Bajaj Auto, was originally set up to manufacture scooters. However, its operations have since diversified, with a significant portion of its income now derived from investments in the shares of group companies, particularly Bajaj Auto and Bajaj Finserv.
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Saraswati Commercial (India) Ltd
Current Price
9,282.90
High and Low Since One Year
10,508.15 / 2,350.50
PE Ratio
8.94
Current Price
9,282.90
High and Low Since One Year
10,508.15 / 2,350.50
PE Ratio
8.94
Why We Picked It
Saraswati Commercial (India) is an investment company that buys, sells, and deals in shares, stocks, and securities. The company focuses on managing its investment portfolio, which includes equity investments and other financial instruments, aiming to generate returns through strategic investments.
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Hawkins Cookers Ltd
Current Price
8,710.00
High and Low Since One Year
9,099.00 / 5,810.05
PE Ratio
39.19
Current Price
8,710.00
High and Low Since One Year
9,099.00 / 5,810.05
PE Ratio
39.19
Why We Picked It
Hawkins Cookers is a well-known Indian manufacturer of kitchen appliances, particularly pressure cookers. The company has a strong brand presence with a reputation for quality and durability. Hawkins offers a range of pressure cookers, cookware, and other kitchen products, catering to domestic and international markets, and is a household name in India.
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Force Motors Ltd
Current Price
8,404.25
High and Low Since One Year
10,277.85 / 2,685.05
PE Ratio
24.96
Current Price
8,404.25
High and Low Since One Year
10,277.85 / 2,685.05
PE Ratio
24.96
Why We Picked It
Force Motors is an Indian automotive manufacturer known for its expertise in producing commercial vehicles, multi-utility vehicles, and agricultural tractors. The company has a strong presence in the Indian automotive sector and popular models like the Traveller and Trax. Force Motors is known for its engineering and manufacturing capabilities, including producing engines and axles for leading global automotive brands.
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Apar Industries Ltd
Current Price
8,278.00
High and Low Since One Year
9,659.90 / 3,900.00
PE Ratio
40.10
Current Price
8,278.00
High and Low Since One Year
9,659.90 / 3,900.00
PE Ratio
40.10
Why We Picked It
Apar Industries is a diversified industrial company engaged in the manufacturing of conductors, cables, and specialty oils. It is a leading supplier to the power and telecom sectors, both in India and globally. Apar Industries is known for its technological expertise, wide product range, and strong focus on innovation, which have helped it maintain a competitive edge in its core markets.
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Tata Elxsi Ltd
Current Price
6,875.75
High and Low Since One Year
9,200.00 / 6,411.20
PE Ratio
53.92
Current Price
6,875.75
High and Low Since One Year
9,200.00 / 6,411.20
PE Ratio
53.92
Why We Picked It
Tata Elxsi is a leading global design and technology services provider. The company operates in the automotive, media, communications, healthcare, and transportation sectors, offering design, product engineering, and digital services solutions. Tata Elxsi’s expertise in cutting-edge technologies like AI, IoT, and autonomous vehicles has made it a key player in the tech industry. Its stock price reflects its innovative capabilities and strong growth potential.
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Nestle India Ltd
Current Price
2,504.70
High and Low Since One Year
2,769.30 / 2,145.00
PE Ratio
73.97
Current Price
2,504.70
High and Low Since One Year
2,769.30 / 2,145.00
PE Ratio
73.97
Why We Picked It
Nestle India is a subsidiary of the global food and beverage giant Nestle. The company is known for its popular brands, such as Maggi, Nescafe, KitKat, and Milkmaid. Nestle India has a strong presence in the Indian market with a diversified product portfolio catering to various consumer needs. Its focus on innovation and quality has made it a household name in India. The high stock price reflects the company’s consistent performance and brand strength.
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Angle One
Account opening charges
INR 0 for first year
Brokerage
INR 0 on equity delivery
Benefits
Zero Commission on Mutual Fund Investments, 24/7 Order Placement
On Angleone’s secure website
2
m.Stock
Fees
INR 999 one-time fee
Brokerage
INR 0 brokerage for life
Benefits
No order limit, Paperless onboarding
On Mirae Asset’s secure website
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BlackBull Markets
Multiple Award-Winning Broker
Listed On Deloitte Fast 50 index, 2022 Best Global FX Broker – ForexExpo Dubai October 2022 & more
Best-In-Class for Offering of Investments
Trade 26,000+ assets with no minimum deposit
Customer Support
24/7 dedicated support & easy to sign up
On BlackBull Market’s secure website
Frequently Asked Questions (FAQs)
Which is the most expensive stock in India?
The most expensive stock in India is MRF Ltd, whose share price often exceeds INR 1 lakh per share. MRF is a leading tire manufacturer in India and is known for its consistent performance and strong market position.
What are the high-priced stocks to buy for the long term?
Here are some high-priced stocks in India that are considered suitable for long-term investment:
1. MRF Ltd – Known for its strong market position in the tire industry and consistent performance.
2. Page Industries Ltd – The exclusive licensee of Jockey International, offering steady growth in the apparel sector.
3. Shree Cement Ltd – A leader in the cement industry, known for its operational efficiency and market dominance.
4. Honeywell Automation India Ltd – A leader in automation and control solutions with robust long-term growth potential.
5. Nestlé India Ltd – A consumer goods giant with strong brand equity and consistent growth in the FMCG sector.
6. Bosch Ltd – A key player in the automotive components industry, known for its innovation and technological leadership.
7. Eicher Motors Ltd – Manufacturer of Royal Enfield motorcycles, offering a blend of heritage and strong growth prospects.
Who should invest in the top 10 priced shares?
Investing in the top 10 priced shares is best suited for:
1. High Net-Worth Individuals (HNIs): They can afford the high entry cost and can benefit from the stability and growth potential of these stocks.
2. Long-Term Investors: Those with a long-term horizon who seek stable returns and are willing to hold onto high-quality stocks.
3. Experienced Investors: Those with a deep understanding of the market and the ability to analyze company fundamentals.
4. Institutional Investors: Such as mutual funds and pension funds, looking for stable, high-value stocks to anchor their portfolios.
5. Risk-Averse Investors: Seeking safer investments in well-established companies with strong financials and market dominance.
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circ*mstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication. Past performance is not indicative of future results.
Forbes Advisor adheres to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners.
Armaan JoshiEditor
Armaan is the India Lead Editor for Forbes Advisor. He has more than a decade’s experience working with media and publishing companies to help them build expert-led content and establish editorial teams. At Forbes Advisor, he is determined to help readers declutter complex financial jargons and do his bit for India's financial literacy.
