Is it not interesting to know the most expensive stock on BSE & NSE ? The markets have been touching new heights recently. In fact, with the Sensex and Nifty, the stocks have been touching new 52 weeks high. Thus, this brings our curiosity levels high to know the most expensive stock on BSE. Therefore, in this article, we shall be looking at top 10 high value shares in the Indian Stock Market.
Top 10 Most Expensive Stock on BSE
1. MRF Ltd. – Price Per Share Rs. 69,500
MRF or Madras Rubber Factory is the most expensive stock in India. The company is in the business of manufacturing tyres. In fact, for the price of one MRF share you can purchase a two-wheeler or even an iPhone. The company has achieved such valuations after a consistent improvement in growth and profitability. Furthermore, the company has a market capitalization of Rs. 29,282.73 crores. MRF ranked first in most expensive stock in India.
2. Rasoi Ltd. – Price Per Share Rs. 36,750
Rasoi Ltd. is the second most expensive stock on the Indian stock exchange. The company is in the Agro sector. In addition, the company has a market capitalization of Rs. 355.01 crores.
3. Eicher Motors Ltd. – Price Per Share Rs. 30,808
Eicher Motors is in the automobiles business. It manufactures commercial vehicles. In addition, they own the famous motorbike brand Royal Enfield. In fact, they are its manufacturers. The company has a market capitalization of Rs. 83,398.87 crores.
4. Page Industries Ltd. – Price Per Share Rs. 22,600
Page Industries is in the textile sector. The market capitalization of the company is Rs. 21,168.83 crores. The famous ‘Jockey’ brand belong to this company. It also sells products in Sri Lanka under the brand ‘Speedo’. In addition, the company’s stock has given a good return to the investors in past 6 years.
5. Bosch Ltd. – Price Per Share Rs. 18,970
Bosch Ltd. is in the auto ancillaries sector. It is a German based company. In fact, it is among the world biggest multinational companies. The share is low on equity and has given a good return to the investors in past few years like the above stocks. The company has a market capitalization of Rs. 57,961.48 crores.
6. Shree Cement Ltd. – Price Per Share Rs. 17,056
Shree Cement Ltd. is the business of producing cement. The market capitalization of the company is Rs. 59,935.60 crores. Furthermore, the famous ‘Bangur Cement’ brand belongs to Shree Cement. In fact, it is one of the biggest cement manufacturing company in the country. In addition, it also owns Shree Power that produces and sells power.
7. Honeywell Automation India Ltd. – Price Per Share Rs. 16,828
Honeywell Automation India Ltd. is in the consumer durable sector. It has a market capitalization of Rs. 14,139.58 crores. It is an American multinational company. The company produces a wide range of commercial and consumer products. The share price of the company has multiplied since 2014.
8. 3M India Ltd. – Price Per Share Rs. 15,751
3M India Ltd. was popularly known as Minnesota Mining and Manufacturing Company. In fact, this company is an American multinational conglomerate corporation. The company is in the business of producing innovative products and services. In addition, it has a market capitalization of Rs. 16,272.98 crores.
9. Polson Ltd. – Price Per Share Rs. 12,838
Polson Ltd. was once a famous dairy brand. In fact, it is now into leather business. The company’s good performance has led to increase in the share price on year on year basis. Therefore, it is among the most expensive stock in the Indian stock market. The market capitalization of the company is Rs. 148.62 crores.
10. Procter & Gamble Hygiene and Health Care Ltd. – Price Per Share Rs. 9,176
Procter & Gamble Hygiene and Health Care Ltd. is also famously known as P&G. The company functions in the FMCG sector. Furthermore, the market capitalization of the company is Rs. 657.59 crores. In fact, this American multinational company is among the fastest growing consumer companies in India. The company has many reputed brands under its kitty like Ariel, Head & Shoulders, Duracell, etc. P&G stock has given good returns to the investors over past 5 years.
The above are the top 10 most expensive stock on BSE as on 24/11/2017.
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