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List of Companies with the highest share price in India: Generally most of the shares in the Indian stock market trade at a share price below Rs 1,000. Moreover, around 3500 companies listed on the Indian stock market have a share price of less than Rs 500 per share. However, there are a few stocks that trade at a price in multiples of thousands of rupees.

The share price of a company has nothing to do with the company’s valuation. Even a company with a share price of Rs 2,000 can be undervalued compared to its peers, and a company with a share price of Rs 100 can be overvalued. For investors like you and me, it might be a little difficult to buy those stocks which trade at a very high price but its still interesting to keep a tab on them.

In this article, we are going to discuss the most expensive shares in India i.e. the companies with the highest share price in India. Here, we’ll take a look at 15 of the costliest shares in India based on the current share price at which they are trading in the market.

Note: Please analyze the companies carefully if you want to invest in any of the stocks mentioned in the list here. A high stock price doesn’t guarantee a fundamentally strong company or a good investment. Or vice versa. Now, let’s get started on our list of costliest shares in India.

#15 Companies with Highest Share Price in India

Here are the 15 companies with Highest Share Price in India along with some other key details like their Industry and current PE ratio. Keep Reading!

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1. MRF (Rs. 74,876.60)

mrf-tyres Companies with Highest Share Price in India

Market Capitalisation = Rs. 31,413.13 Cr

Madras Rubber Factory (MRF) is a Tyre manufacturer that produces a wide range of tyres. It specializes in Car & bike tyres, trucks/bus tyres, etc.

Currently, MRF has the highest share price in India among all the listed companies on BSE/NSE. The all-time high share price of MRF is Rs. 98,599. The stock is currently trading at a consolidated PE of 24.71 and has given a return of -9.25% in the last 1 year as of May 2022.

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MRF has never split its share and has a face value of Rs. 10. Noticeably, this company was trading at a price of Rs. 10,000 in November 2012.

Also read: Why Do Companies Like MRF Don’t Split the Stock?

2. Page Industries (Rs. 42,482.20)

Companies with Highest Share Price#2 page industries

Market Capitalisation = Rs. 47,436.18 Cr

Page Industries operates in the textile industry and is an Indian manufacturer and retailer of innerwear, loungewear, and socks. One of the popular brands under Page Industries is Jockey (Underwear and inner wears company).

This stock has turned out to be a multi-bagger stock in the last couple of years and has given a return of over 1315% in the last ten years.

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Page Industries is currently trading at a PE of 102.77.

3. Honeywell Automation (Rs. 31,640.50)

Companies with Highest Share Price#3 honeywell

Market Capitalisation = Rs. 27,889.66 Cr

Honeywell Automation India Ltd, a part of Honeywell group, USA and is a leader in providing integrated automation and software solutions. It has a wide product portfolio in environmental and combustion controls, and sensing and control, etc.

Honeywell stock has given a return of over 25.27% in the last 1 year as of May 2022. It is currently trading at a PE of 82.24.

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4. Shree Cements (Rs. 21,838.00)

Companies with Highest Share Price#4 shree cements

Market Capitalisation = Rs. 79,416.61 Cr

Shree Cement is an Indian cement manufacturer headquartered in Kolkata. This Indian cement manufacturer company was founded in Beawar, Ajmer district, Rajasthan, in 1979. Shree Cement is the biggest cement maker in northern India and also produces and sells power under the name Shree Power and Shree Mega Power.

Shree cement is currently trading at a standalone PE of 32.11 and has given a return of -18.63% in the last 1-Year as of May 2022.

Also read: How to Invest in Share Market? A Beginner’s guide!

5. 3M India (Rs. 18,034.45)

3m india Products | Companies with highest share price in India

Market Capitalisation = Rs. 20,261.30 Cr

3M India Ltd is the subsidiary listed company of 3M Company USA in India. 3M Company USA holds a 75% equity stake in the company. It has a diversified portfolio of products in dental cement, health care, cleaning, etc.

This stock is currently trading at a standalone PE of 87.44 and has given a return of -30.99% in the last 1-Year as of May 2022.

6. Abbott India (Rs. 18,149.60)

abbott india share

Market Capitalisation = Rs. 38,190.06 Cr

Headquartered in Mumbai, Abbott India Limited is a Pharmaceutical and Drugs company. It is a publicly listed company and a subsidiary of Abbott Laboratories that takes pride in offering high-quality trusted medicines in multiple therapeutic categories such as women’s health, gastroenterology, cardiology, metabolic disorders, and primary care.

It is currently trading at a PE of 47.82. This stock has given a return of over 11.87% in the last 1 year.

7. Nestle India (Rs. 17,120.15)

Nestle Products

Market Capitalisation = Rs. 162,594.02 Cr

Nestle India is in the food processing industry and is the company with the highest market cap in this list of costliest shares in India. Nestle has a wide variety of products like Maggi, Kit-Kat, Nescafe, Every day, etc. It is the Indian subsidiary of Nestlé which is a Swiss multinational company.

This stock has given a return of -1.18% in the last year as of May 2022 and is currently trading at a PE of 76.07.

8. Bosch (Rs. 14,290.00)

bosch

Market Capitalisation = Rs. 41,801.05 Cr

Bosch ranks 10th in the list of companies with the highest share price in India. It is a part of the German multinational company Robert Bosch (or just Bosch), headquartered in Germany and operates in Auto Ancillary industry. Bosch belongs to the automobile ancillaries industry.

It is currently trading at a PE of 34.20 (52-week high – Rs. 19,250) and has given a return of -6.24% in the last 1 year as of May 2022.

9. P & G Hygiene (Rs. 13,257.10)

Companies with Highest Share Price#9 P&G India

Market Capitalisation = Rs. 42,717.03 Cr

Procter & Gamble Hygiene & Health Care Ltd is one of India’s most rapidly rising FMCG companies. Duracell, Olay, Tide, Gillette, Braun, Pringles, Lacoste, Puma, Oral-B, HUGO, Mr.Clean, Cover Girl, Pantene, Pampers, and Old Spice are just a few of the brands owned by Procter & Gamble. P&G Hygiene and Health currently features brands including Vicks and Whisper in its portfolio.

It is currently trading at a PE of 73.37 and has given a return of 0.99% in the last 1 year as of May 2022.

10. Bombay Oxygen (Rs. 13,400.10)

Market Capitalisation = Rs. 187.58 Cr

The Bombay Oxygen Corporation Limited was founded in October 3, 1960.

The company’s main activity was manufacturing and delivering industrial gases, which was phased down on August 1, 2019. The Company has large financial investments in the form of shares, mutual funds, and other financial assets, and the income from these investments is a source of revenue.

Bombay Oxygen has given a return of over -14.83% in the last 1 year as of May 2022. It is currently trading at a PE of 4.60.

11. Bajaj Finserv (Rs. 12,716.15)

Market Capitalisation = Rs. 199,910.84 Cr

Bajaj Finserv Limited is an Indian financial services firm that specialises in lending, asset management, wealth management, and insurance. It is a subsidiary of Bajaj Holdings & Investments Limited.

Bajaj Finserv has given a return of over 13.95% in the last 1 year as of May 2022. It is currently trading at a PE of 43.87.

12. The Yamuna Syndicate Ltd. (Rs. 12,999.95)

Market Capitalisation = Rs. 399.24 Cr

The Yamuna Syndicate Limited engages in trading & marketing tractors, industrial lubes, automotive, batteries, electrical, pesticides & fertilizers, sugar, and also runs petrol pumps. The company was incorporated in 1954 and is based in Yamuna Nagar, India.

This stock is currently trading at a PE of 5.96 and has given a return of -20.25% in the last 1 year as of May 2022.

13. Tasty Bite Eatables (Rs. 10,046.80)

tasty bytes

Market Capitalisation = Rs. 2,555.52 Cr

This company operates in the food processing industry with products like tasty bite rice, noodles, entrees, etc. The Company offers a range of ready-to-serve (RTS) ethnic food products under the brand name Tasty Bite and Frozen Formed Products (FFP).

This stock has given a return of -34.63% in the last 1 year and is currently trading at a PE of 130.78.

Also read: How To Invest Rs 10,000 In India for High Returns?

14. Polson (Rs 10,305.00)

polson

Market Capitalisation = Rs. 129.54 Cr

Polson is a small-cap stock and the smallest company in terms of total market cap in this list of shares with highest share price in India. It operates in the chemical Industry. It claims to be India’s largest manufacturer and exporter of vegetable tannin extracts and eco-friendly leather chemicals since 1906.

It is currently trading at a PE of 15.70 and has given a return of 10.54% in the last 1-Year as of May 2022.

15. National Standard (Rs. 7,080.35)

Market Capitalisation = Rs. 13,486.00 Cr

Anantnath Constructions and Farms Private Limited owns National Standard (India) Ltd. The firm makes tyre bead wire and other specialised wires.

National Standard has given a multibagger return of over 818.39% in the last 1 year as of May 2022. It is currently trading at a PE of 548.03.

Here is the list of Companies with the Highest Share Price in India along with a few other popular stocks added:

COMPANYIndustry MARKET CAP (RS CR)CURRENT PRICE (RS) 
MRF Ltd.Tyres & Allied₹31,413.13₹74,600.00
Page Industries Ltd.Textile₹47,436.92 ₹42,885.00
Honeywell Automation India Ltd.Consumer Durables - Electronics₹27,889.66 ₹31,650.00
Shree Cement Ltd.Cement & Construction Materials₹79,416.61₹21,874.55
3M India Ltd.Diversified₹20,261.30 ₹18,021.75
Abbott India Ltd.Pharmaceuticals & Drugs₹38,190.10₹18,087.75
Nestle India Ltd.Consumer Food₹162,594.02 ₹17,203.75
Bajaj Finserv Ltd.Finance - Investment₹199,910.84 ₹12,771.00
Bosch Ltd.Auto Ancillary₹41,801.34₹14,270.15
The Yamuna Syndicate Ltd.Trading₹399.24 ₹12,999.95
P&G HygieneFMCG₹42,717.19₹13,354.95
Tasty Bite Eatables Ltd.Consumer Food₹2,555.52₹10,049.00
Bombay Oxygen Investments Ltd.Finance - Investment₹187.58₹13,400.00
Polson Ltd.Chemicals₹129.54₹10,699.95

National StandardConstructions₹13,486.00₹7080.15
Kama Holdings Ltd.Finance - Investment₹7,131.75₹11,089.50
Bharat RasayanChemicals₹4,688.64 ₹11,499.00
Paushak Ltd.Chemicals₹2,789.56₹9,258.70
Atul Ltd.Chemicals₹24,239.79₹8,188.00

Disclaimer: The list of 15 Companies with Highest Share Price in India is till date February 2022. The stock market is dynamic and the stock prices will change in the future, which may change the list or the order of the companies listed here.

Summary

That’s all for this post on ‘#15 companies with the highest share price in India’. Most of the companies on this list are trading at a high PE. If you want to buy any one of them, then please study the company carefully.

Just being the costliest shares in India doesn’t make them a good pick for investment. Moreover, past performance does not guarantee future returns.

Further, do comment below on which other stocks can find a place in this list of companies with the highest share price in India by next year (December 2022)? And which ones will be thrown out of the list, according to you? Happy Investing!

Frequently Asked Questions (FAQs)

1. Which company’s shares have the highest price?

MRF (Madras Rubber Factory), a multinational company has the highest share price in India. Currently, it is trading at ₹74,876. Its 52-week high was ₹98,599 per share. It is the largest manufacturer of tyres in India and the sixth-largest in the world.

2. Which industry will boom in the future in India?

Looking into the broader market aspects, the IT industry is expected to boom in the future in India. Many factors like economic needs, technological advancement and beneficial decisions taken by the government are helping to boost this industry. In addition, a few other sectors to watch out for in future are Electric Vehicles, 5G Technology, Artificial Intelligence, Green Energy and Microinsurance industry.

3. Which share gave the highest return in the last 20 years?

About 173 stocks have given over 10 times the returns between January 2001 and December 2019. However, Symphony Ltd. has emerged as a top grosser. In 2001 its price was 0.50 per share and in December 2019, its price was 1095.70, at a whopping 2,16,860% increase. Further, Bajaj Finance increased by 153,459% and UPL by 1,15,318% during the same period. These stocks made a fortune for those who entered early and had the patience to keep their money locked for 20 years.

4. Is a higher priced stock a better investment than a lower priced stock?

Generally, the fundamentals of a stock has nothing to do with the stock price of a company. A stock with a share price of Rs 100 can be overpriced, whereas a company with a share price of Rs 10,000 can be undervalued. However, companies with very low share prices (penny stocks) are risker to invest and prone to more scams.

Higher priced stock is a better investment than a lower priced stock as the high priced stocks face greater inspection by SEBI and they are less volatile. Nonetheless, price should not be the only factor in deciding which stock is better. The fundamentals of a company must be studied to know if the stock is worth buying.

5. Are high-priced stocks less volatile?

Yes! High-priced stocks tend to be less volatile as compared to low-priced stocks. They are relatively stable and involve less speculation. Generally, the trading volume of a stock is an indicator of volatility. High priced stocks may involve lesser trading volume as retailers and small investors may not be able to trade with high volume in stocks with high share prices.

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