Highest Price of Shares in India

Highest Price of Shares in India

A company's share price may not be determined by its value and may be influenced by the stock's demand and supply condition. Liquid stocks may have lower pricing than illiquid equities. For example, a corporation with a share price of ₹2,000 may be cheap compared to comparable peer companies. Let's explore the most expensive stocks in India depending on their market capitalization, with a very high price share on the Indian stock exchanges. This blog will also discuss the reasons to consider investing in these stocks, the things to consider while investing and the challenges associated with such stocks. 
 

Expensive Shares in India

The following is the list of some of the most expensive stocks in India:

Stock NameSegmentShare Price (21st Oct 2024)Market Capitalisation (Cr INR)PE Ratio52 Weeks High (Rs)52 Weeks Low (Rs)

Nestle India

Fast-Moving Consumer Goods (FMCG)

2,363

2,27,816

71.8

2,778

2,326

Bosch

Automotive and Industrial Technology

36,826

1,08,614

57.0

39,089

19,291

Dixon Technologies

Consumer Durables

15,399

92,142

213

15,568

5,076

Shree Cement

Cements

24,230

87,424

41.6

30,738

22,866 

Abbott India

Pharmaceuticals

29,362

62,395

50.4

30,521

21,907

MRF

 

Private Sector Bank

1,30,463

 

55,316

26.8

1,51,445

1,07,800

P&G

Fast-Moving Consumer Goods (FMCG)

16,167

52,479

77.7

19,250.00

15,306

Page Industries 

Textile Products

44,879 

50,040 

86.9

46,818

33,070

Honeywell Automation India

Industrial Products and Technology

51,460

45,491

85.1

59,994

34,978

3M India

Diversified Industrial Segment

33,775

38,064

67.2

41,000

28,424

Disclaimer: The information provided on the above stocks is for informational purposes only. It is crucial to conduct thorough research before making any investment decisions regarding these stocks. We do not recommend trading any stocks without comprehensive research and professional financial advice. Always consult with a certified financial advisor to ensure informed and appropriate investment choices.

Table of Contents

  1. Expensive Shares in India
  2. Highest Priced of Share in India: An Overview
  3. Why Should you Consider Investing in the Most Expensive Shares in India?
  4. How to Invest in the Highest-Priced Shares in India?
  5. What are the Points to Remember Before Investing in the Most Expensive Shares in India?
  6. What are the Associated Challenges of Investing in Expensive Shares in India?
  7. Advantages of Investing in the Most Expensive Shares in India

Highest Priced of Share in India: An Overview

The following is an overview of the most expensive stocks in India. This will help you to understand what makes the companies mentioned above stand out in the category of the highest-priced shares in India:

Nestle India

  • Nestle India, founded on March 28, 1959, is a branch of Nestle S.A. of Switzerland.
  • The firm offers food items, d͏rinks, chocolate͏, etc. Nestle Ind͏i͏a is recognized as one of India's 'Most Respected͏ Companies'.
  • The Company manufactures products under brand names, such as Nescafe, Maggi, Milkybar, Milo, Kit Kat, Bar-One, Milkmaid, and Nestea.
  • It has a presence across India with 8 manufacturing facilities and four branch offices spread across the region. The four branch offices in the country help facilitate the sales and marketing of its products.

Get more details about nestle india share price here.

Know the nestle india share price history here.

Bosch

  • Robert Bosch founded Bosch on the 15th of November in 1886 and is a top worldwide provider of tech and services.
  • This company made sales reaching 91.6 billion euros during 2023.
  • It works in four segments - Mobility, Industrial Technology, Consumer Goods, and Energy and Building Technology.
  • Bosch is also investing in new-age technologies and looking to offer tech-driven features in its products.
  • It aims to make lives interconnected with goods and services that either have smart thinking (AI) built-in or were created or produced using its help.

Get more details about bosch share price here.

Know the bosch share price history here.

Dixon Technologies

  • Dixon Technologies was founded in 1993 and is headquartered in Noida, India.
  • It is one of the largest electronics manufacturing services (EMS) companies in the country.
  • The company operates across various segments, including consumer electronics, home appliances, lighting, mobile phones, and security devices.
  • Dixon acts as a contract manufacturer for several well-known global and Indian brands, producing products like televisions, washing machines, LED bulbs, smartphones, and other consumer electronics.

Get more details about Dixon Technologies share price here.

Know the Dixon Technologies share price history here.

Shree Cement

  • Shree Cement was established in 1979 and is headquartered in Kolkata, India.
  • It is one of the leading cement manufacturers in the country.
  • The company produces and sells cement under various well-known brand names, including Shree Ultra, Bangur Cement, and Rockstrong Cement.
  • Shree Cement operates cement plants in multiple Indian states, such as Rajasthan, Chhattisgarh, Bihar, and Uttarakhand, boasting a significant production capacity.

Get more details about Shree Cement share price here.

Know the Shree Cement share price history here.

Abbott India Ltd

  • Abbott India, a subsidiary of Abbott Laboratories, was established in 1944. The company meets the healthcare needs of Indians with a wide range of pharmaceutical products.
  • Abbott India's strategic focus includes expanding its healthcare network and delivering solutions. There are Four divisions of the firm.
  • The Primary Care section sells goods related to gastrointestinal and pain management. The branch of Speciality Care-Metabolics and Urology offers remedies for thyroid, diabetes, obesity, and benign prostatic hyperplasia.
  • With speciality items in the neurology and psychiatric areas, the Speciality Care-Neuroscience business offers a diverse range of products.
  • Hospital Care provides anesthesiology and neonatology products, including Sevorane, Survanta, and Forane.

Get more details about abbott india share price here.

Know the abbott india share price history here.

MRF Ltd

  • Established in 1946, MRF Ltd is India's largest tyre manufacturer. MRF is India’s most expensive share.
  • The company's production plants are present in Trichy, Tiruvottiyur, and Arakonam in Tamil Nadu, Kottayam in Kerala, Ponda in Goa, Medak in Andhra Pradesh, and Pondicherry Union Territory locations.
  • The company's journey began in Chennai and it has since expanded worldwide. The demand for MRF's high-quality tyres continues to drive growth. 
  • MRF plans further expansion and maintains its leadership in the tyre industry.

Get more details about mrf share price here.

Know the mrf share price history here.

P&G (Procter & Gamble)

  • Founded in 1837, P&G has become a cornerstone in the consumer goods industry. The company has grown in various sectors, with a consistent demand for its trusted brands.
  • P&G manufactures and markets branded packaged fast-moving consumer goods in the femcare and healthcare industries.
  • The company sells its goods through a variety of retail channels, such as mass merchandisers, drugstores, department shops, and grocery stores with membership clubs.
  • In addition to third-party production facilities located all throughout India, the company runs its own manufacturing facilities in Goa and Baddi, Himachal Pradesh.

Get more details about p&g (procter & gamble) share price here.

Know the p&g (procter & gamble) share price history here.

Honeywell Automation India

  • Founded in 1984, Honeywell Automation India Ltd. specializes in providing automation and software solutions.
  • It is a prominent supplier of software and integrated automation solutions that boost efficiency, increase comfort, and guarantee the security and safety of residences and commercial spaces.
  • Smart transmitters, building control systems, and distributed control systems are the company's primary offerings.
  • It is a key player in the electronics-instrumentation and process control equipment sectors.
  • The demand for their solutions related to combustion controls, sensing and control technology, and engineering services continues to be strong.
  • The company aims to enhance technology in automation and control sectors as part of its plans.

Get more details about honeywell automation india share price here.

Know the honeywell automation india share price history here.

Page Industries

  • Founded in 1994, Page Industries is well-known for having an Indian licence from Jockey International.
  • Page Industries has witnessed a steady expansion as demand has kept up with the demands of customers for comfort and style.
  • Speedo International Ltd. has granted the Company an exclusive licence to manufacture, sell, and distribute the Speedo brand in India.
  • The brand has introduced a range of excellent products for kids, ladies, and adults.
  • The company is known for creative marketing ideas like display modules that aim to increase the engagement of the customer in the purchasing process.

Get more details about page industries share price here.

Know the page industries share price history here.

3M India

  • Establis͏hed on July 4, 1987, 3M Ind͏ia is a divisi͏on of the worldwide corporation 3M Com͏pany.
  • It s͏peci͏alises in producing and selling different products for indus͏tri͏al, healthcare, consumer, safety & graphi͏cs, and energy sectors in India.
  • The majority of its products hold expertise in technological product development, manufacturing, and marketing.
  • The company's customer innovation centre (R&D centre) is located in Bengaluru, while its production facilities are in Ahmedabad, Bengaluru, and Pune.

Get more details about 3m share price here.

Know the 3m share price history here.

Why Should you Consider Investing in the Most Expensive Shares in India?

Investing in the most expensive stock in India can be profitable if approached wisely. While the highest-priced stock in India may seem daunting, it's essential to evaluate the organisation's capacity for producing returns instead of entirely considering the stock's price. These expensive stocks in India represent a well-established business with strong performance and growth potential. However, Investors must conduct detailed research or seek advice from financial advisors before investing in expensive stocks in India. By carefully choosing the most high-priced stocks in India and diversifying their portfolio, traders can probably benefit from those beneficial investment possibilities.

How to Invest in the Highest-Priced Shares in India?

The Indian stock market offers various costly shares from well-known organizations. However, investing in these expensive stocks requires cautious consideration and analysis.

Asses͏s the Management 

Examining the organization's background and leadership abilities is essential in improving effectiveness and profitability.

Analysis V͏a͏luation

Compare the stock price to its earnings, cas͏h flow, and other financial metrics to determine if the stock is overpriced͏ or underprice͏d. Also,͏ take into account the volatility and potential d͏own side ri͏sks linked with the highest price of share in India.

Div͏ersify Investment

Instead of focusing only on the priciest stocks in India, it is recommended to diversify your investments to lower risk͏ and increase opportunities for profi͏t.

Seek Professional Advice

For professional guidance, consult financial advisors or investment experts for advice on investing in India's expensive stocks and assistance in making well-informed choices. 
 

What are the Points to Remember Before Investing in the Most Expensive Shares in India?

Investing in these expensive stocks requires careful attention and evaluation to align with your investment and risk appetite.

Assess fund structure

Evaluate your economic scenario and determine whether investing in the highest price of share in India is appropriate for your portfolio and funding dreams.

Conduct thorough research

Understand the company, its industry, and its growth possibilities in which you plan to invest before investing within the most expensive price stocks in India. In addition to this, you can also analyze financial metrics, income, and cash flow to become aware of overvalued or undervalued stocks.

Set investment limits

Establish a set quantity to put money into treasured stocks in India and avoid overspending.

Consider volatility

Assess the stock's volatility and potential risks before investing in the highest-priced share in India. 
 

What are the Associated Challenges of Investing in Expensive Shares in India?

There are a few things that investors should be aware of while investing in the most expensive stocks in India. The following are some associated challenges:

Higher Initial Investment

The highest-price stocks in India frequently require vast initial funding, which can be a barrier for traders with constrained capital. However, constant saving and investing can help collect vital finances.

Overvaluation Risk

India's most expensive shares may be overvalued. Market participants bid up expenses primarily based on high expectations or speculative conduct, leading to a disconnect between the inventory's fee and its underlying basics. 

High Entry Barrier

The highest price of stocks in India can create a large access barrier for individual traders. However, investing in opportunity avenues like mutual price range or exchange-traded budget (ETFs) can provide publicity to an assorted portfolio of expensive stocks.

Liquidity Concerns

The expensive shares in India regularly have constrained liquidity, meaning fewer customers and sellers within the market. Investors need to be patient and take an extended-time period angle, focusing on the organisation's fundamental energy in place of brief-term charge actions.

Concentration Risk

Investing a large element of one's portfolio in an unmarried, highly-priced stock can lead to concentration change. Diversification across numerous sectors and asset training is critical to managing common portfolio risks effectively. 
 

Advantages of Investing in the Most Expensive Shares in India

Investing in the most expensive shares in India can provide several benefits to traders. Here are some advantages:

Lower Volatility 

Companies with the best share prices in India generally tend to have large market capitalizations, making them much less liable to rapid fee fluctuations and probably providing decreased volatility compared to decreased-priced or speculative stocks.

Dividend Income 

India's most expensive shares regularly belong to agencies that pay normal dividends, which can be particularly appealing for buyers searching for consistent cash flow or in low-hobby-fee environments. 

Growth Potential

The highest price share in India often represents organizations with solid growth prospects, presenting traders with the opportunity to participate in their growth and benefit from capital appreciation over the years.

Conclusion  
Investing in India's most expensive price share can be profitable. However, it requires a nicely-informed and cautious approach. While those costly stocks often constitute financially solid and reputable businesses with growth capability, investors should conduct thorough studies, investigate their risk tolerance, and diversify their portfolios. By cautiously considering those points and in search of professional steering if wanted, traders could make informed decisions whilst investing in the most steeply-priced stocks inside the Indian inventory market. You can use a stock market app to invest in expensive stocks in India and diversify your portfolio well. Additionally, this will help you in searching for expert guidance. This will further help you to gain potential rewards.

FAQs on Expensive Stocks in India

Expensive stocks aren't inherently better or bad investments. The stock price alone does not decide whether a company is a great purchase. Investors should examine the company's fundamentals, growth prospects, and valuation metrics.

A stock is considered pricey relative to its fundamentals like profits and growth capability. High price-to-earnings and price-to-book ratios can indicate a priced valuation.  

Expensive shares commonly trade at better valuations relative to their financials, while cheap stocks change at lower valuations.

Not necessarily. Expensive stocks may not guarantee quick profits. A long-term perspective and patience are often required.

While expensive shares require a higher initial investment, you can begin small and regularly construct your portfolio through constant saving and investing.

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