MRF, Page Industries, Nestle among top 10 stocks that are extremely expensive to buy

Apr 25, 2022

By: Bhakti Makwana

Top 10 most expensive shares in India

Out of the 4,700 stocks listed on the BSE, here are top 10 most expensive stocks to invest in. Most of these companies have even underperformed benchmark index Sensex in the last one year.

Credit: Canva

One share of MRF will cost you over ₹69,000

The tyre manufacturing company MRF or Madras Rubber Factory has the most expensive share in India. The stock has given multifold returns from ₹11 per share in 1993 to now. However, the stock gave negative returns of 11 percent in the last one year.

Credit: Nestle

One share of Page Industries will cost you ₹45,000

The Indian manufacturer of inner wear is an exclusive licensee of popular US brand ‘Jockey’ in India, Sri Lanka, Nepal, Bangladesh, the United Arab Emirates, Oman and Qatar. The stock has gained 48 percent in the last one year.

Credit: Nestle

One share of Honeywell Automation India (HAIL) will cost you ₹40,800

HAIL is a software solutions provider and a Fortune India 500 company with more than 3,000 employees across India. The stock slipped 7 percent in the last one year.

Credit: Nestle

One stock of Shree Cement would cost you ₹25,698

The Kolkata-based cement manufacturing company is one of the biggest cement makers in Northern India. The firm is also the owner of Chennai Super Kings (CSK) in the Indian Premier League (IPL). The stock fell 8.8 percent in the last one year.

Credit: Nestle

One share of 3M India would cost you ₹20,177

The company has diversified its business into sectors such as automotive, commercial solutions, health care, electronics, transportation and is the manufacturer of popular products like Scotch Brite, Scotch Tapes, Scotchgard Glue etc.

Credit: Nestle

One share of Nestle India would cost you over ₹18,000

The fast moving consumer goods giant firm is the producer of popular brands like Maggi, Nescafe, Kit Kat, Milkybar etc. Shares of the company gained 8 percent in the last one year.

Credit: Nestle

One stock of Abbott India would cost ₹17,500

The pharmaceutical company is a subsidiary of US based Abbott Laboratories. It offers a range of products in the field of cardiovascular, diabetes, diagnostics, neuromodulation and nutrition. The stock surged 16 percent in the last one year.

Credit: BCCL

One share of Bajaj Finserv would cost ₹15,300

The Pune-based non-banking financial services (NBFC) company is focused on lending, asset management, wealth management and insurance. The stock spiked 53 percent in the last one year.

Credit: BCCL

One share of Procter & Gamble Hygiene and Health Care would cost you ₹14,000

Another FMCG giant is known for its products under feminine hygiene care and healthcare space. Some of its popular products include Vicks, Olay, Oral-B, Pampers, Tide etc. The stock gained only 3 percent in the last one year.

Credit: Procter-Gamble

One stock of Bosch would cost ₹14,000

Bosch is engaged in manufacturing auto components and is a leading supplier of technology and services in the areas of mobility solutions, industrial technology, consumer goods, and energy and building technology. The stock went up by only 4.6 percent in the last one year.

Credit: Bosch

Space dedicated to food and beverage companies in malls on the rise post pandemic