Top 10 Most Expensive Shares In India

As a savvy investor, it is important to stay updated with the most expensive shares in India. In this blog post, we will discuss the top companies with the highest share prices.
Most Expensive Shares In India

As on Jan 2024, the most expensive shares in India are mentioned below:

Shares NameShare Price (in Rs)M-Cap (in Crores)
MRF Ltd (Madras Rubber Factory)₹ 131,468 ₹ 55,216
Page Industries ₹ 39,074₹43,233
Honeywell Automation India₹36,710₹32,678
3M India₹34,236₹40,143
Shree Cement₹28,273₹28,340
Nestle India ₹27,365₹ 262,548
Abbott India₹23,650₹49,563
Bosch India₹22,289 ₹65,723
Procter & Gamble Hygiene and Health Care Ltd₹17,373₹55,428
Lakshmi Machine Works Ltd₹13,692₹14,555

If you are interested to know more about these companies, go ahead and read the brief about the most expensive shares in India, as on Jan 2024.

MRF Ltd– Most Expensive Shares In India

Latest Price (As on Jan’ 2024) ₹ 131,468

This is the most expensive shares in India as of date.

MRF, also known as Madras Rubber Factory, is a tire manufacturing company with a unique business model.

The company was started by K. M. Mammen Mappillai in 1946 and has since grown to become one of the leading tire manufacturers in India.

MRF’s business model is based on a vertically integrated supply chain, which means that the company controls every aspect of the tire manufacturing process, from raw materials to finished products.

This allows MRF to maintain high quality standards and offer a wide range of products to its customers.

The company has also expanded its production capacity and developed new products for new markets in India and abroad.

MRF’s revenue has grown over the years, and the company has been recognized for its brand value and contribution to the Indian economy.

Page Industries

Latest Price (As on Jan’ 2024) ₹ 39,074

This is the 2nd most expensive shares in India as of date.

Page Industries Limited, headquartered in Bangalore, India, was established in 1995. The company operates as the exclusive licensee for Jockey International Inc., USA, managing manufacturing, distribution, and marketing in India and other global markets. Additionally, Page Industries holds the license for the Speedo brand within India.

Specializing in innerwear, leisurewear, sportswear, and swimwear for men, women, and kids, the company manufactures, distributes, and markets these products. Page Industries boasts a substantial retail presence through numerous Exclusive Brand Outlets (EBOs) across the nation.

Founded by Sunder Genomal and his brothers Nari and Ramesh, the company is primarily owned by the Genomal family, holding a majority stake in the business.

Honeywell Automation India

Latest Price (As on Jan’ 2024) – ₹36,710

Most Expensive Shares In India

This is the 3rd most expensive shares in India as of date.

Honeywell Automation India Limited is a company engaged in the business of automation and control systems.

The company is committed to leading energy transition and shaping a sustainable tomorrow.

Honeywell Automation India Limited is dedicated to playing a lead role in the country’s transformation to a sustainable future and is well on its way to delivering on its commitment to make all its facilities and operations carbon neutral by 2035.

3M India

Latest Price (As on Jan’ 2024)- ₹34,236

This is the fourth most expensive shares in India as of date.

3M India Limited, based in Bangalore, India, operates as a subsidiary of the US-based 3M Company.

The company specializes in producing and supplying a diverse range of products across multiple industries in India.

Their offerings cater to healthcare, manufacturing, automotive, safety, electronics, energy, commercial solutions, transportation, and design and construction sectors.

Among their products are cable connectors, electrical termination and splicing items, specialized pressure-sensitive coated tapes, and various specialty chemicals.

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Shree Cement

Latest Price (As on Jan’ 2024) – ₹28,273

This is the fifth most expensive shares in India.

Shree Cement, established in 1979 in Beawar, Rajasthan, is a prominent Indian cement manufacturer.

Presently headquartered in Kolkata, it stands among the largest cement producers in Northern India.

Operating manufacturing units across Rajasthan, Gujarat, Karnataka, and Haryana, the company boasts a total production capacity of 50.4 million tonnes per annum (MTPA), inclusive of its international operations.

Diversifying its portfolio, Shree Cement has ventured into power generation, marketing power through Shree Power (Captive Power Plant) and Shree Mega.

Alongside its cement business, the company holds a robust retail presence and harbors ambitious growth prospects.

With aspirations to augment its production capacity to 80 MTPA by 2030, Shree Cement remains optimistic about its future trajectory.

Nestle India 

Latest Price (As on Jan’ 2024)- ₹27,365

This is the 6th most expensive shares in India.

Nestlé India Limited is a subsidiary of Nestlé, a renowned Swiss multinational company that specializes in food and beverages.

The company was established in 1959 and is headquartered in Gurgaon, Haryana.

Nestlé India is one of the largest food and beverage corporations worldwide, with an extensive portfolio of over 2000 brands, ranging from internationally recognized icons to beloved local choices.

The company operates across 191 countries and has a robust presence in India, offering a wide-ranging assortment of products across diverse categories.

Nestlé India’s product lineup encompasses a variety of food and beverage selections, including beverages, milk products, ice cream, and ready-to-cook meals, catering to various consumer segments.

The company remains steadfast in its commitment to delivering high-quality products and services, continually investing in research and development to drive innovation and enhance its offerings.


Moreover, Nestlé India places significant emphasis on sustainability and social responsibility, prioritizing operations that have a positive impact on the environment and society

Abbott India

Latest Price (As on Jan’ 2024)- ₹23,650

This is the 7th most expensive shares in India.

Abbott India Ltd operates as a subsidiary of Abbott Laboratories, an American multinational healthcare entity.

Initially established as Boots Pure Drug Company (India) Ltd in 1944, the Indian subsidiary underwent multiple name changes before adopting its current title in 2002.

Engaged in global healthcare and pioneering research, Abbott India focuses on manufacturing products dedicated to human health.

With a robust presence in the Indian market, the company extends its influence across various healthcare segments, encompassing diagnostics, medical devices, nutritionals, and branded generic medicines.

Abbott India’s extensive portfolio is accessible in over 100 countries, and the company supports approximately 3,000 employees nationwide.

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Bosch 

Latest Price (As on Jan’ 2024) – ₹22,289

This is the 8th most expensive share in India.

Bosch India, a branch of the German multinational engineering and technology giant Bosch, holds a strong position in India, providing an extensive array of products and solutions.

Their offerings span across home appliances, power tools, garden tools, measuring tools, cleaning equipment, and heating, cooling, and well-being products.

Renowned for their innovation and top-notch quality, Bosch India products embody German engineering excellence, emphasizing sustainability and enhancing living standards.

With a legacy of over a century in India, the company remains at the forefront, delivering innovative solutions across multiple sectors.

Procter & Gamble Hygiene and Health Care Ltd

Latest Price (As on Jan’ 2024)- ₹17,373

This is the 9th most expensive shares in India.

Procter & Gamble Hygiene and Health Care Ltd (PGHHCL) is part of the big league—The Procter & Gamble Co.

It’s all about making and selling healthcare and femcare stuff like personal care goodies, feminine hygiene products, ointments, cough drops, liquids, tablets—you name it!

They’ve got a bunch of famous brands under their wing: Vicks, Whisper, Ambi Pur, Ariel, and a whole lot more. Headquartered in Mumbai, Maharashtra, they’re a big deal across India.

What’s cool about them is their focus on sustainability and doing good.

They’re big on research too, always tinkering to make their products even better. As of January 3, 2024, their market cap was ₹55,428.29 crore. That’s some serious value right there!

Lakshmi Machine Works Ltd

Latest Price (As on Jan’ 2024)- ₹13,692

This is the 10th most expensive shares in India as of date.

Lakshmi Machine Works Ltd (LMW) stands out as a prominent textile machinery manufacturer in India.

Renowned as one of the global top three producers of the complete spectrum of spinning machinery, LMW has been a key player since its establishment in 1962.

Founded by Dr. G.K. Devarajulu and headquartered in Coimbatore, the company has diversified its operations across multiple sectors.

Conclusion

In conclusion, having an in-depth knowledge of the stock market in India is critical to becoming a successful investor.

Whether you are interested in the most expensive stock in India or, the cheapest stocks in the Indian market, it’s essential to conduct thorough research or consult a financial advisor before investing.

The Indian stock market has a long and illustrious history, and it’s important to understand the benchmarks used to assess the strength of the Indian economy, such as the BSE Sensex or, NSE Niffty.

By assessing the management team’s track record, determining whether a stock is overvalued or undervalued, and factoring in its volatility and potential downside risk, investors can make informed decisions about investing in the stock market.

With the right knowledge and tools, beginners can start investing in stocks publicly listed on the market and work towards achieving their financial goals.

Happy Investing! 🌞


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Manu Dhiman

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