Apr 25, 2022By: Bhakti Makwana
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.