Most people think TCS, Reliance, or HDFC are the expensive shares in India. There is no doubt that these are some of the big companies in terms of market capitalization, but these stocks don’t appear in the list of top-15 expensive shares in India.
Please note that a company’s valuation depends on both the ‘share price’ and ‘total number of shares.’ Hence share price alone doesn’t indicate the company’s wealth.
So, for example, a company with a share price of Rs.1,000 can still be an undervalued company compared to its peers.
Let us study the top-15 expensive shares in India, i.e., companies with the highest share price.
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1 – MRF
Market Capitalization – Rs. 35,354 Crore
Current Market Price (CMP) – Rs. 83,630
All-Time High Made – Rs. 98,600
Madras Rubber Factory (MRF) is the largest tire manufacturers in India, and it has the highest share pricing among all the listed stocks in India. It was founded by Mr. KM Mammen Mappilla in 1948, and one MRF share costs Rs.83,630 (as of 31st May 2021).
Interestingly MRF has never split its share since its inception.
2 – HONEYWELL
Market Capitalization – Rs. 37,939 Crore
Current Market Price (CMP) – Rs. 42,846
All-Time High Made – Rs. 49,990
Honeywell Automation India Ltd (a part of Honeywell group, USA) is the second most expensive share in the Indian stock market. The current market price is Rs.42,846 (as of 31st May 2021).
It provides various products and services in the area of integrated automation, electronic components, and software solutions.
3 – PAGE INDIA
Market Capitalization – Rs. 34,969 Crore
Current Market Price (CMP) – Rs. 30,665
All-Time High Made – Rs. 32,460
Page Industries, also fondly known as “Jockey” which is the popular product of the company. It ranks in the third position among the expensive shares with the current market price of Rs.30,665 (as of 31st May 2021).
4 – SHREE CEMENTS
Market Capitalization – Rs. 99,782 Crore
Current Market Price (CMP) – Rs. 27,578
All-Time High Made – Rs. 32,050
Shree Cements is one of the leading cement-producing companies in India. It also produces power through ‘Shree Power’ and ‘Shree Mega Power’ in India.
Currently, it is ranked in the 4th position among the most expensive shares in India, with a share price of Rs.27,578 (as of 31st May 2021).
5 – 3M INDIA
Market Capitalization – Rs. 28,528 Crore
Current Market Price (CMP) – Rs. 25,536
All-Time High Made – Rs. 31,000
3M India is the subsidiary company of 3M United States of America. It produces many products in abrasive and adhesive categories. It sits in the 5th position of most expensive share with a current market price of Rs.25,536 (as of 31st May 2021).
6 – NESTLE INDIA
Market Capitalization – Rs. 170,630 Crore
Current Market Price (CMP) – Rs. 17,695
All-Time High Made – Rs. 18,844
Nestle India is famous for its products such as Maggi, KitKat, Nescafe, milky bar, etc. It is ranked in the 6th position among the most expensive shares with the current market price of Rs.17,695 (as of 31st May 2021).
Nestle India is a subsidiary company of Nestle SA, a Swiss multinational food and drinks processing company.
7 – TASTY BITE
Market Capitalization – Rs. 4,007 Crore
Current Market Price (CMP) – Rs. 15,612
All-Time High Made – Rs. 17,000
Tasty Bite is a Pune-based frozen food manufacturing and processing company. It is ranked in the 7th position among the most costly shares with a current market price of Rs.15,612 (as of 31st May 2021).
8 – BOSCH LTD
Market Capitalization – Rs. 45,028 Crore
Current Market Price (CMP) – Rs. 15,256
All-Time High Made – Rs. 16,900
German-based Robert Bosch ranks 8th position in the list of companies with the highest share price in India. Its current market price is Rs.15,256 (as of 31st May 2021). It is the largest auto component manufacturer in India.
9 – BHARAT RASAYAN
Market Capitalization – Rs. 5,697 Crore
Current Market Price (CMP) – Rs. 13,386
All-Time High Made – Rs. 14,005
Bharat Rasayan is famous for different varieties of pesticides that are used for plant protection and accelerated output. It is ranked in the 9th position among the expensive share price list with a current market price of Rs.13,386 (as of 31st May 2021).
10 – BAJAJ FINSERV
Market Capitalization – Rs. 187,893 Crore
Current Market Price (CMP) – Rs. 11,806
All-Time High Made – Rs. 12,025
Bajaj Finserv offers financial services in the areas of financial management, wealth management. It is ranked in 10th position in the list of companies with the highest share price in India, with a current market price of Rs.11,806 (as of 31st May 2021).
11 – TTK Prestige
Market Capitalization – Rs. 12,088 Crore
Current Market Price (CMP) – Rs. 8,668
All-Time High Made – Rs. 8,989
TTK Prestige is one of the known brand names among the Indians as they manufacture kitchen appliances and cookware utensils. However, it ranks in 11th position among the expensive shares list with a current market price of Rs.8,668 (as of 31st May 2021).
12 – ATUL
Market Capitalization – Rs. 25,434 Crore
Current Market Price (CMP) – Rs. 8,594
All-Time High Made – Rs. 8,801
Atul is an integrated chemical company founded by Mr. Kasturbhai. It has over 900 products and 400 formulations and ranks in the 12th position among the expensive shares list with a current market price of Rs.8,594 (as of 31st May 2021).
13 – SANOFI INDIA
Market Capitalization – Rs. 17,755 Crore
Current Market Price (CMP) – Rs. 7,721
All-Time High Made – Rs. 8,999
Sanofi is a Paris-based pharma company that ranks in the 13th position among the expensive shares list with a current market price of Rs.7,721 (as of 31st May 2021).
14 – INDIA MART
Market Capitalization – Rs. 22,380 Crore
Current Market Price (CMP) – Rs. 7,369
All-Time High Made – Rs. 9,952
India Mart is an Indian e-commerce company that provides B2B services.
It is the first and largest B2B digital marketplace in India, and it ranks in the 14th position among the expensive shares list with a current market price of Rs.7,369 (as of 31st May 2021).
15 – MARUTI SUZUKI
Market Capitalization – Rs. 214,495 Crore
Current Market Price (CMP) – Rs. 7,086
All-Time High Made – Rs. 8,400
Maruti Suzuki is one of the leading car manufacturers in India. It was founded by the Government of India (GOI) and Suzuki Motors as a joint venture. However, in 2003 GOI has sold its stakes to the parent company.
It is ranked in the 15th position among the expensive shares list with a current market price of Rs.7,086 (as of 31st May 2021).
Disclaimer - The list of 15 Companies with the Most Expensive Share Price in India is till date 31-May-2021. The stock market is always dynamic, and the stock prices will change in the future, changing the list or the order of the companies listed here.
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