Do you want to know companies with highest share price in India? Well, in this post, I will be sharing 7 Companies with highest share price in India. These stocks are also known as most expensive stocks of India. The price of these stock is such that common man cannot imagine buying a single stock. A single stock of these companies may cross value of your salary or may cost you above 10 gm of gold price. Well, without wasting a time let’s take a look at 7 Companies with Highest Share Price in India.
7 Companies with Highest Share Price in India
MRF (Rs. 72520)
Madras Rubber Factory (MRF) is a Tyre manufacturer that produces a wide range of tyres. It specializes in Car & bike tyres. MRF is most expensive stock in India. The all-time high price of MRF is Rs.74147. The face value of this stock is Rs.10. MRF has never split its share. Five years back in Nov, 2012 the price of this share was Rs.10000.
Rasoi (Rs. 38000)
Rasoi is less popular company. Rasoi deals with Vanaspati Oil and other related products. The all-time high price of Rasoi is Rs.48627. In 2013, this stock was trading at Rs.8280 and today it is grown by four times.
Eicher Motors (Rs.27722)
Eicher Motors is leading automobile sector company. Eicher Motor is multibagger stock this stock has given very good return to the investors. The main reason of increase in Eicher Motors is brand value of Royal Enfield bike. It is one of the most expensive stock in India.
Page Industries (Rs.21330)
Page Industries is one of the most popular company in India. Page Industries only supplier of Jockey underwear and under garments. Page Industries is favourite stock of Rakesh Jhunjhunwala. In last couple of years this stock has given multibagger returns.
Shree Cements (Rs.16600)
Shree Cement is an Indian cement manufacturer headquartered in Kolkata. It is the biggest cement maker in northern India. In last 5 years this stock has grown by four times.
3 M India (Rs. 21050)
3M India has a diversified portfolio of products in dental cement, health care, cleaning etc. A stock of 3M India is trading at Rs.21050. In last one year this stock has doubled its value.
Polson (Rs. 16377)
Polson ltd is a chemical industry company which deals with dyes and pigments. Last year in 2017, this stock was available at Rs.7500 level. PE of this stock is 15.1
The reasons of higher share price are given below.
- A limited number of stocks are available in the market for trading.
- The demand of these stocks are very high.
- No split or bonus shares are announced by a company since a couple of years hence face value of a share is high.
Do you think these stocks will able to outperform in future?
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