#12 companies with highest share price in India (Updated- October 2019):

Hi Investors. In this post, 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 look at 12 of the costliest shares in India based on the price at which they are trading in the share market.

Note: Please study 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. Let’s get started.

#12 Companies with Highest Share Price in India

1. MRF (Rs 62,896)

Market Capitalisation = Rs 26,628 Cr

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

 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 81,426. The stock is currently trading at a standalone PE of 24.14.

MRF has never split its share and has a face value of Rs 1o. Noticeably, this company was trading at a price of Rs 10,000, in November 2012.

2. Honeywell Automation (Rs 28,564)

Market Capitalisation = Rs 25,250 Cr

Honeywell 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.

This stock has given a return of over +440% in the last 5 years. It is currently trading at a PE of 66.24.

3. Page Industries (Rs 20,816)

Market Capitalisation = Rs 23,210 Cr

One of the famous company under Page Industries is Jockey (Underwear and inner wears company). Page industries is in readymade apparels (garment) industries. It has turned out to be a multi-bagger stock in the last couple of years and has given a return of over +135% in last 5 years.

Page industries is currently trading at a PE of 61.05.

4. 3M India (Rs 20,610)

Market Capitalisation = Rs 23,227 Cr

3M India has a diversified portfolio of products in dental cement, health care, cleaning, etc. This stock is currently trading at a PE of 75.35.

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

5. Eicher Motors (Rs 19,220)

Market Capitalisation = Rs 52,452 Cr

The parent company of Royal Enfield (Bullet bikes) and Eicher trucks. This is in the automobile sector.

This stock has given a negative return of -35% in the last two years since October 2017.

 Eicher motor was trading at a price of Rs 2,500 in November 2012 and a high of Rs 31,600 in April 2018.  The current PE of Eicher Motors is 25.24.

Also read: 8 Best Discount Brokers in India – Stockbrokers List 2019

6. Shree Cements (Rs 18,373)

Market Capitalisation = Rs 64,787 Cr

Shree Cement is an Indian cement manufacturer headquartered in Kolkata. It is the biggest cement maker in northern India. 

Shree cements is currently trading at a PE of 54.85. (52-week high- Rs 22,399)

7. Nestle India (Rs 14,351)

Market Capitalisation = Rs 138,377 Cr

Nestle India is in the food processing industry with a wide variety of products like Maggi, Kit-Kat, Nescafe, Every day, etc.

 This stock is currently trading at a PE of 81.93.

8. Bosch (Rs 14,128)

Market Capitalisation = Rs 41,671 Cr

Bosch ranks eighth in the list of companies with highest share price in India. It is a part of the German multinational company Robert Bosch (or just Bosch), headquartered in Germany.

Bosch belongs to the automobile ancillaries industry and currently trading at a PE of 27.73 (52-week high- Rs 20,500).

9. Bombay Oxygen (Rs 13,247)

Market Capitalisation = Rs 198 Cr

This is one of the lesser-known companies on the list of companies with highest share price in India. Incorporated in 1960, Bombay Oxygen is an Industrial gases company.

The stock is currently trading at a standalone PE of 25.28 with a 52-weeks high price of Rs 26,995 in October 2018.

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

10. Procter & Gamble (Rs 11,582)

Market Capitalisation = Rs 37,598 Cr

P & G is in the personal care industry with products in hygiene and health care. Few famous products of Procter & Gamble group are Ariel, Duracell, Gillette, Head & Shoulder, etc.

This stock is currently trading at a PE of 89.71.

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11. Abbott India (Rs 10,949)

Market Capitalisation = Rs 23,267 Cr

Headquartered in Mumbai, Abbott India Limited, a publicly listed company and a subsidiary of Abbott Laboratories, 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 47.99.

12. Tasty Bite Eatables (Rs 10,104)

Market Capitalisation = Rs 2,592 Cr

This company operates in the food processing industry with products like tasty bite rice, noodles, entrees, etc. This stock is currently trading at a PE of 81.05.

That’s all for this post on ‘#12 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.

Disclaimer: The list of 12 Companies with Highest Share Price in India is till date October 2019. 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.

Further, do comment below which other stocks can find a place in this list of companies with highest share price in India by next year (October 2020)? And which ones will be thrown out of the list, according to you? Happy Investing!