Top 10 Most Expensive Stocks

 EXPENSIVE STOCKS

Here’s a mind-blowing fact for you – Berkshire Hathaway is the most expensive stock in the world, trading at ~$4,81,258.03 per share as of 17th January 2023. Have you ever wondered which is the most expensive stock in India? In this article, let’s look at the top 10 most expensive stocks in India, why you should invest in them, and things to remember before investing in them.

Let’s dive in.

Top 10 most Expensive stocks in India

MRF Ltd

A leading tyre manufacturer in India, MRF Ltd produces a wide range of tyres. It specialises in car and bike tyres, trucks/buses tyres, LCV and SCV(light and small commercial vehicle) tyres, farm services & OTR tyres.

The company, as of 17th January 2023, had a market capitalisation of Rs. 38,048.54 cr. and a stock price of Rs. 89,228.35. MRF Ltd’s 5-yr Return on Investment (ROI) is 9.94%, and its net profit margin is 3.4%. The fundamental score of the stock is 5.71.

Page Industries Ltd

Founded in 1994, Page Industries Ltd is the exclusive licensee of JOCKEY International Inc. (USA) for the manufacture, distribution and marketing of the Jockey brand in India, Sri Lanka, Bangladesh, Nepal, UAE, Oman and Qatar.

As of 17th January 2023, its market capitalisation was Rs. 44,894.62 cr., and the stock price was Rs. 40,095.4. Page Industries Ltd’s 5-yr ROI and net profit margin are 41.95% and 13.73%, respectively. The fundamental score of the stock is 5.50.

Honeywell Automation India Ltd

Incorporated in 1984, Honeywell Automation India Ltd is a leader in providing integrated automation and software solutions, including process solutions and building solutions. It is a Fortune India 500 company having a wide product portfolio in environmental and combustion controls and sensing and control, and it also provides engineering services in the field of automation and control to global clients.

The company, as of 17th January 2023, had a market capitalisation of Rs. 35,042.71 cr. and a stock price of Rs. 39,418.85. Honeywell Automation India Ltd’s 5-yr ROI and net profit margin are 18.13% and 11.18%, respectively. The fundamental score of the stock is 7.15.

Shree Cement Ltd

Founded in 1979, Shree Cement Ltd is a leading cement manufacturer in North India. The company markets their products under three brand names – Shree Ultra Jung Rodhak Cement, Bangur Cement and Tuff Cemento.

On 17th January 2023, the company’s market capitalisation was Rs. 87,098.02 cr., and its stock price was Rs. 24,060.4. Shree Cement Ltd’s 5-yr ROI is 12.16%, and its net profit margin is 14.99%. The fundamental score of the stock is 6.25.

3M India Ltd

3M India Ltd is a technology company which works across various segments like industrial, packaging, healthcare, safety and graphics and consumer. As of 17th January 2023, the company’s market capitalisation and stock price were Rs. 25,229.92 cr. and Rs. 22,514.15, respectively. 3M India Ltd’s 5-yr ROI and net profit margin are 19.14% and 8.06%, respectively. The fundamental score of the stock is 6.31.

Abbott India Ltd

Abbott India Ltd is a healthcare company engaged in the pharmaceuticals business. The company has a portfolio of offerings in diagnostics, medical devices, nutritional and branded generic pharmaceuticals.

The company, as of 17th January 2023, had a market capitalisation of Rs. 47,348.11 cr. and a stock price of Rs. 22,041.45. Abbott India Ltd’s 5-yr ROI and net profit margin are 24.55% and 15.98%, respectively. The fundamental score of the stock is 6.45.

Nestle India Ltd

Nestle India Ltd is a subsidiary of the world’s largest food and beverage company, Swiss-based Nestle. The company engages in the manufacture and sale of food products. The firm offers beverages; breakfast cereals; chocolates and confectionery; dairy; nutrition; foods; vending and food services; imports; exports; and Nestle ad campaigns brands.

As of 17th January 2023, its market capitalisation was Rs. 1,90,752.22 cr., and its stock price was Rs. 19,735.6. Nestle India Ltd’s 5-yr ROI is 77.49%, and the net profit margin is 14.46%. The fundamental score of the stock is 6.59.

Bosch Ltd

Founded in 1951, Bosch Ltd operates in the manufacturing and trading of automotive products. The company is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. Additionally, Bosch has in India the largest development centre outside Germany for end-to-end engineering and technology solutions.

The company, as of 17th January 2023, had a market capitalisation of Rs. 51,121.03 cr. and a stock price of Rs. 17,089. Bosch Ltd’s 5-yr ROI and net profit margin are 11.03% and 10%, respectively. The fundamental score of the stock is 4.79.

Procter & Gamble Hygiene and Health Care Ltd

Procter & Gamble Hygiene and Health Care Ltd is engaged in the manufacturing and selling of branded packaged fast-moving consumer goods in the femcare and healthcare businesses. On 17th January 2023, the company’s market capitalisation was Rs. 45,175.11 cr., and its stock price was Rs. 13,892.6. Procter & Gamble Hygiene and Health Care Ltd’s 5-yr ROI is 60.49%, and the net profit margin is 14.66%. The fundamental score of the stock is 5.88.

Lakshmi Machine Works Ltd

Lakshmi Machine Works Ltd is engaged in the manufacturing and selling of textile spinning machinery, computer numerical control machine tools, heavy castings, and parts and components for the aerospace industry.

As of 17th January 2023, the company’s market capitalisation and stock price were Rs. 12,204.2 cr. and Rs. 11,504.9, respectively. Lakshmi Machine Works Ltd’s 5-yr ROI and net profit margin are 7.30% and 5.58%, respectively. The fundamental score of the stock is 3.55.