Most Expensive Shares in India Most Expensive Shares in India

List of 10 Most Expensive Shares in India

There are 3000+ stocks in the market but not all are priced equally while many are not priced based on their true value. 

While a stock that’s priced conservatively in the range of 500-1500 may not raise many eyebrows, you’re bound to gasp when you come across a stock worth almost a lakh. 

Don’t believe such stocks exist? We’ve curated a list of the most expensive shares in India just for you.

Top 10  Most Expensive Shares in India

Expensive stocks are common in India and around the world. There are multiple reasons for this. A stock may be priced exorbitantly because of its fundamentals

Or, the total quantity of equity shares in the market may be scarce while the company may not issue bonus shares or stock splits. 

Now that you know these things about the stock market, let’s dive into the top 10 most expensive shares in India across industries.  

1. MRF (Madras Rubber Factory) 

  • Market Cap: ₹40,165.00 crores 
  • Current Price: ₹94,686.90 

MRF is a well-known and reputable tyre producer in India. The firm is well-known for creating a large selection of high-quality tyres for automobiles, buses, lorries, tractors, scooters, and other vehicles. With its price touching almost a lakh, this is definitely the most expensive share in India. 

2. Page Industries

  • Market Cap: ₹52,972.00 crores 
  • Current Price: ₹46,938.65 

You’ve probably heard of JOCKEY, one of the most prominent swimwear and innerwear brands established in the United States. Page Industries is a licensed manufacturer and seller of JOCKEY goods in India, the United Arab Emirates, Bangladesh, Nepal, and Sri Lanka. 

3. HAIL  (Honeywell Automation India) 

  • Market Cap: ₹37,406 crores
  • Current Price: ₹41,426.00

Honeywell Automation, or Hail, was founded in 1987 as a joint venture between Honeywell and the Tata Group. After more than two and a half decades, Hail bought all of Tata Group’s holdings and became an independent firm in 2004. 

They now work in industries like oil and gas, power production, electronics hardware, paper and printing, fire detection systems, programming and software development, and so on.

4. Shree Cement

  • Market Cap:  ₹85,747 crores
  • Current Price: ₹24,000.00

This is name is known to every  Indian Premier League (IPL) fan. Shree Cement PVT LTD is the proprietor of the famed Chennai Super Kings, for those who are unaware (CSK). They are regarded as one of India’s most reputable cement makers. 

5. 3M India

  • Market Cap:  ₹26,017.00 crores
  • Current Price:  ₹23,099.95

3M is a life science application firm founded in 1987. The firm currently offers a diverse variety of products, such as commercial solutions, automotive, healthcare, transportation, electronics, and so on.

6. Abbott India

  • Market Cap:  ₹42,624.00 crores
  • Current rate:  ₹20,214.85

Abbott is a worldwide pharmaceutical firm that was founded in the United States and expanded into India in 1910.  The company is one of the most sought-after corporations in India. Apart from this, it is also one of the fastest-growing pharmaceuticals you can probably invest in. 

7. Nestle India

  • Market Cap:  ₹1,90,533.00 crores
  • Current Price:  ₹19,803.60

Nestle is one of India’s largest FMCG brands. It has been serving the country for over 150 years and has over 2,000 goods. This Swiss multinational company offers a plethora of food products, such as breakfast cereals, chocolates, and confectionery.

8. Bosch Inc.

  • Market Cap:  ₹50,761.00 crores
  • Current Price:  ₹17,267.75

In 1951, Bosch joined the Indian market. When it comes to mobility solutions and industrial technology, they are market leaders. The corporation has around 7 development centers and 18 production units located throughout the nation.

9. P&G

  • Market Cap:  ₹46,062.00 crores
  • Current rate:  ₹14,189.50

P&G offers solutions to almost all of your personal care needs! It is one of the country’s finest FMCG firms. Their products are used by two out of every three people. This multinational company was founded in America and has now expanded worldwide.

10. Syndicate Yamuna

  • Market Cap:  ₹373.00 crores
  • Current rate:  ₹12,795.00

The Yamuna Syndicate was founded in 1955 and works in a variety of industries, such as agrochemicals, car components, consumer electronics, and so on. Since 2001, the firm has been a significant Amara Raja Batteries Limited franchise. 

Note: All the “current rates” of the above-mentioned firms are till 07th November 2022. 

Why Invest in the Most Expensive Shares in India?

Expensive stocks have merit. That said, we’re not going to discussing whether the pricing of these shares is fair or not. What we will focus on instead is the potential for growth. 

Imagine investing in a share that’s priced at ₹50,000 and getting an annualized return of 10%. By the end of year 1, you’ll have ₹55,000.

This will be ₹66,550 by year 3. Now imagine investing in a share that costs 500 with the same 10% returns. By year 1, it’ll be ₹550 and by year 3, you’ll have ₹666. 

This is the primary advantage of investing in the costliest shares in India. Furthermore, not many can afford to or will be willing to buy costly shares because of the price point, making these shares relatilvely less volatile compared to others. 

But the devil lies in the details. The fact that you can make more gains with smaller percentage moves on a costly share also means that you stand to make significantly high losses if the price moves against you. That’s another point to keep in mind before buying any expensive share.  

Read 👉 Top 10 Most Expensive Stocks in the World


We’ve listed down India’s most expensive shares, which includes:

  • MRF (Madras Rubber Factory)
  • Page Industries 
  • HAIL  (Honeywell Automation India Ltd) 
  • Shree Cement Private Limited
  • 3M India Limited

These stocks have varying strengths and weaknesses but broadly speaking, investing in them is a choice you should consider only after reviewing the fundamentals of the companies in question. 

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By the way, you can view the corporate actions of every listed company on Dhan. Here’s a video that explains the process.