The meteoric rise in Berkshire Hathaway’s share price has led to Nasdaq requiring to upgrade its system. At the time of writing this article, a mere one share of the Warren Buffet-led company can dig a USD-4,36,000 hole in your pocket. In rupees, that’s more than INR 3,15,00,000. While the stock price of Indian companies does not come anywhere near to the massive price tag of Berkshire Hathaway, there are still some that beg you to think twice about your portfolio before investing in them. So, what are the costliest shares in India and how much do they cost? Let’s find out.
Costliest Shares in India
|S. No.||Most Expensive Stocks in India|
|10.||Tasty Bite Eatables|
Although primarily known for its tyre business, MRF or Madras Rubber Factory has now diversified into sports goods, paints, and other industries. Moreover, it started as a small toy manufacturing company in a backyard in Madras.
Current Market Price: INR 73560
2. Honeywell Automation
Honeywell Automation is a business solutions provider company with a wide product portfolio in environmental and combustion controls, sensing and control, and much more. It was set up in 1987 as Tata Honeywell, but rebranded after the joint venture ended in 2004.
Current Market Price: INR 40579
3. Page Industries
With a license to manufacture and distribute Jockey products in India, Bangladesh, Nepal, Sri Lanka and UAE, Page Industries has seen its share price rise from less than INR 300 in 2007 to where it is today. The company also has a license for products by Speedo International Ltd.
Current Market Price: INR 39000
4. Shree Cements
This cement manufacturer with plants in North, East and South is the next on this list of the most expensive stocks in India. The company boasts a flourishing domestic and international business, and deals in numerous brands such as Shree Jung Rodhak Cement, Rockstrong Cement and Bangur Cement.
Current Market Price: INR 25800
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5. 3M India
The company deals in a wide range of products such as adhesives, window films, dental products and surgical products among others, and owns some renowned brands, namely Scotch Brite, Post Its, Scotchguard and more.
Current Market Price: INR 26135
While the company only set up its manufacturing unit in India in 1960, its products were available in the Indian markets as early as the beginning of the 20th century. Maggi, Milo, Sunrise Coffee, KitKat, Munch, Nescafe, Milkmaid, Cadbury are amongst its many brands.
Current Market Price: INR 19254
7. Abbott India
One of the oldest pharmaceutical and drug companies in India, Abbott India has been striving to make India healthy and fit since 1944, when it was set up. It is also a huge name in the bio-waste management industry.
Current Market Price: INR 18740
8. Bajaj Finance
Bajaj Finserv has proven to be one of the biggest multibagger stocks of the past decade zooming from less than INR 500 in the former half of the 2011 to over INR 17000 in 2021. It has given returns of over 2600% since its listing in May 2008.
Current Market Price: INR 17112
A part of the Germany-based engineering company Robert Bosch, Bosch currently has the 9th costliest share in NSE or BSE. It is the largest auto component manufacturer in India.
Current Market Price: INR 16310
10. Tasty Bite Eatables
Tasty Bite is a local brand that has made an indelible mark on the global markets and consumers. It is one of the Indian food brands in the US, with big supply chains in Australia, Canada, New Zealand as well as Japan.
Current Market Price: INR 13240
So, these are the top 10 costliest shares in India. A must-mention here is Eicher Motors, whose share price lingered around INR 21,000 in 2020 before its 10-for-1 split. Do you have any of these expensive shares in your portfolio?
Disclaimer: The share prices mentioned were recorded on 7th December 2021, and are subject to change.
Read more: Top Investors in the Indian Stock Market