List of Companies with the highest share price in India (Updated – December 2021): 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 companies 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!
1. MRF (Rs. 74,245)
Market Capitalisation = Rs. 31,325.84 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 25.95 and has given a return of -6.22% in the last 1 year as of December 2021.
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.
2. Honeywell Automation (Rs. 38,631)
Market Capitalisation = Rs. 33,930.79 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 24.81% in the last 1 year as of December 2021. It is currently trading at a PE of 78.79.
3. Page Industries (Rs. 38,694)
Market Capitalisation = Rs. 42,652.71 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 182.40% in the last ten years.
Page Industries is currently trading at a PE of 96.78.
4. Shree Cements (Rs. 26,149)
Market Capitalisation = Rs. 94,855.56 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 36.18 and has given a return of 4.72% in the last 1-Year as of December 2021.
5. 3M India (Rs. 25,247)
Market Capitalisation = Rs. 28,158.71 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 133.32 and has given a return of 12.27% in the last 1-Year as of December 2021.
6. Nestle India (Rs. 19,347)
Market Capitalisation = Rs. 1,88,041.50 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 10.65% in the last one year as of December 2021 and is currently trading at a PE of 83.89.
7. Abbott India (Rs. 19,231)
Market Capitalisation = Rs. 40,385.41 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 56.27. This stock has given a return of over 25.04% in the last 1 year.
8. Bajaj Finserv (Rs. 17,523)
Market Capitalisation = Rs. 2,82,598.66 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 92.23% in the last 1 year as of December 2021. It is currently trading at a PE of 66.90.
9. Bosch (Rs. 16,629)
Market Capitalisation = Rs. 49,080.96 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 35.02 (52-week high – Rs. 19,250) and has given a return of 27.47% in the last 1 year as of December 2021.
10. The Yamuna Syndicate Ltd. (Rs. 15,865)
Market Capitalisation = Rs. 487.63 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 6.69 and has given a return of 81.93% in the last 1 year as of December 2021.
11. P & G Hygiene (Rs. 15,130)
Market Capitalisation = Rs. 49, 575.33 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 80.45 and has given a return of 38.29% in the last 1 year as of December 2021.
12. Tasty Bite Eatables (Rs. 13,391)
Market Capitalisation = Rs. 3,425.93 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 19.69% in the last 1 year and is currently trading at a PE of 95.56.
13. Bombay Oxygen (Rs. 13,414)
Market Capitalisation = Rs. 206.84 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 27.59% in the last 1 year as of December 2021. It is currently trading at a PE of 2.88.
14. Polson (Rs 12,200)
Market Capitalisation = Rs. 145.41 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 13.69 and has given a return of 48.77% in the last 1-Year as of December 2021.
15. National Standard (Rs. 10,649)
Market Capitalisation = Rs. 22,419.60 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 return of over 1,905.91% in the last 1 year as of December 2021. It is currently trading at a PE of 1128.88.
Here is the list of Companies with the Highest Share Price in India along with a few other popular stocks added:
|COMPANY||Industry||MARKET CAP (RS CR)||CURRENT PRICE (RS)||1YR RETURNS(%)|
|MRF Ltd.||Tyres & Allied||₹31,325.84||₹73,880.00||-6.22%|
|Honeywell Automation India Ltd.||Consumer Durables - Electronics||₹33,930.79||₹38,530.00||24.81%|
|Page Industries Ltd.||Textile||₹42,652.71||₹38,368.70||182.40%|
|Shree Cement Ltd.||Cement & Construction Materials||₹94,855.56||₹25,860.05||4.72%|
|3M India Ltd.||Diversified||₹28,158.71||₹25,901.00||12.27%|
|Nestle India Ltd.||Consumer Food||₹1,88,041.50||₹19,320.00||10.65%|
|Abbott India Ltd.||Pharmaceuticals & Drugs||₹40,385.41||₹18,910.00||25.04%|
|Bajaj Finserv Ltd.||Finance - Investment||₹2,82,598.66||₹17,501.25||92.23%|
|Bosch Ltd.||Auto Ancillary||₹49,080.96||₹16,452.80||27.47%|
|The Yamuna Syndicate Ltd.||Trading||₹487.63||₹15,300.10||81.93%|
|P&G Hygiene||FMCG||₹49, 575.33||₹15,130.00||38.29%|
|Tasty Bite Eatables Ltd.||Consumer Food||₹3,425.93||₹13,385.05||19.69%|
|Bombay Oxygen Investments Ltd.||Finance - Investment||₹206.84||₹13,414.00||27.59%|
|TTK Prestige Ltd.||Consumer Durables - Domestic Appliances||₹14,047.94||₹10,185.10||75.40%|
|Kama Holdings Ltd.||Finance - Investment||₹6,514.50||₹10,100.00||89.92%|
Disclaimer: The list of 15 Companies with Highest Share Price in India is till date December 2021. 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.
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 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 ₹71,340. 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 in future are Electric Vehicles, 5G Technology, Artificial Intelligence, Green Energy and Micro insurance industry.
3. Which share gave the highest return in the last 20 years?
About 173 stocks given over 10 times 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 share price of Rs 10,000 can be undervalued. However, companies with very low share price (penny stocks) are risker to invest and prone to more scams. Higher priced stock is a better investment than a lower price stock as the high priced stocks face greater inspection by SEBI and they are less volatile. Nonetheless, price should not be the only factor for 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! The 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 price.
Hi, I am Kritesh (Tweet me here), an NSE Certified Equity Fundamental Analyst and an electrical engineer (NIT Warangal) by qualification. I have a passion for stocks and have spent my last 4+ years learning, investing and educating people about stock market investing. And so, I am delighted to share my learnings with you. #HappyInvesting