Usually, in the stock market, everybody wants to go for the stocks having low stock prices, especially the beginners. But have you ever think or try to find out the stocks having the highest prices? Maybe yes or maybe no, but if you are here, I am pretty sure that you have the curiosity to find out those stocks. So, you don't have to worry now, you are at the right place, I am here with the list of 10 most expensive stocks to buy in India having prices above Rs.10,000. Be with us till the end of the article and don't forget to comment down if you have any of the below stocks in your portfolio. Read on!
10 Most Expensive stocks ( above Rs.1000) to buy in India.
1. MRF Ltd (81,174.85)
Who doesn't know about this stock, MRF Ltd is the most expensive stock in India having a market capitalization of Rs.34,427 crores indicating that it is a midcap company. MRF Ltd is in the business of manufacture and sale of automotive tires, tubes, and flaps among others. The company is also engaged in the manufacturing of rubber products like tread, rubber, and conveyor belt.
MRF's stock is currently trading at a price of Rs.81,174.85 and it has generated a return of 31.07% in the last one year.
Being the most expensive stock in India, still, 44.46% of the company's stakes are in the retailers and others section and 27.82% of the holdings are held by the promoters of the company. Foreign investors have a 14.07% portion of the holdings and 7.5% stakes are held by the mutual funds.
If we talk about the financials of the company, then the company has reported a fall of 51% in the company's net profit in the 4th quarter of 2021 on yearly basis.
2. Honey well Automation India Ltd. (Rs.42,567.80)
The second stock in the list of most expensive stocks in India comes from the IT sector, Honeywell automation India ltd is a midcap company with a market capitalization of Rs.37,636 crores. The company is engaged in the business of manufacturing electronic systems and components, repair and maintenance, and trading of machinery, equipment, and supplies.
The company's stock is currently trading at a price of Rs.42,567.80 and in the last one year, it has generated a return of 55.41%.
Promoters have the highest stakes of 75% in the company and 10.84% of the holdings are held by mutual funds.
Financials of the company shows a fall down in net profit by -6.4% in the 4th quarter of 2021 on a yearly basis.
3. Page Industries Ltd. (Rs.33,376.95)
Page Industries finds the 3rd place in the list of most expensive stocks to buy in India. Page Industries is a midcap company with a market capitalization of Rs.37,228 crores. The company engaged in the business of trading and manufacturing of garments. The company also offers knitted garments.
Page Industries's stock is currently trading at a price of Rs.33,376.95 and it has generated 73.94% returns in the last one year. The stock can generate good returns for you if you can hold the stock for the long term.
Promoters of the company have 47.91% stakes in the company meanwhile 23.62% of the holdings are held by the foreign investors.
In the financials section, the company has reported a net profit of Rs.115.56 crores whereas a year ago in the same quarter of Jan-march 2020, the net profit was at Rs 31.02 crores.
4. Shree Cement Ltd (Rs.27,986.40)
Shree Cement is the 4th expensive stock in the list of 10 most expensive stocks in India. The market capitalization of the company is Rs 1,00,977 crores indicating that the company is a large-cap company. The company is one of the biggest cement makers in Nothern India.
The company's stock is currently trading at a price of Rs.27,986.40 and it has generated returns of 32.55% in the last one year.
62.55% of the company's stakes are held by the promoters of the company and 13.02% of the holdings are held by the foreign investors.
The company has reported a jump of 49% in the company's PAT (Profit after tax) in the 4th quarter of 2021 on a yearly basis.
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5. 3M India Ltd (Rs.24,216)
3M India Ltd comes in the 5th place in the list of most expensive stocks to buy in India. With a market capitalization of Rs.27,280 crores, it is also a midcap company. 3M India Ltd. is a technology company and it works across various segments like industrial, packaging, safety, healthcare, graphics, and consumer.
The company's stock is currently trading at a price of Rs.24,216 and it has compounded its shareholder's money at a CAGR of 12.52% in the last one year.
Promoters of the company have the highest 75% stakes in the company whereas 5.04% of the holdings are held by the mutual funds.
If we talk about the financials of the company then the company has reported a jump of 16% in the company's PAT (Profit after tax) in the 4th quarter of 2021 as compared to the same quarter of 2020.
6. Yamuna Syndicate Ltd. (Rs.20,000)
Yamuna Syndicate Ltd. finds the 6th place in the list of most expensive stocks to buy in India. Yamuna syndicate ltd is a small-cap company with a market capitalization of Rs.614 crores. The company is engaged in the business of trading of petroleum products, batteries and agrochemical products.
Yamuna Syndicate's stock is currently trading at a price of Rs.20,000 and in the last one year, the stock has generated a return of 143.90% in the last one year.
74.87% stakes of the company are held by the promoters of the company and 25.10% of the holdings are held by the retailers.
The company has reported a rise of 402.74% in the company's consolidated net profit in the 4th quarter of 2021 on a yearly basis.
7. Tasty Bite Eatables Ltd. (Rs.18,515.75)
Tasty Bite Eatables is the 7th most expensive stock to buy in India. Tasty Bite Eatables is a smallcap company with a market capitalization of Rs.4,751 crores. The company is engaged in the business of selling and manufacturing prepared foods. The company offers a range of ready-to-serve ethnic food products.
The company's stock is currently trading at a price of Rs.18,515.75 and it has compounded its shareholder's wealth at a CAGR of 61.19% in the last one year.
Promoters of the company hold 74.23% stakes in the company and 3.43% of the stakes are held by the foreign investors.
If we talk about the financials of the company then the company has reported a rise of 62.6% in the company's net profit in the 4th quarter of 2021 on a yearly basis.
8. Nestle India Ltd. (Rs.18,143.95)
Nestle India Ltd. comes in 8th place in the list of most expensive stocks to buy in India. With a market capitalization of Rs.1,74,936 crores, Nestle India is a large company and it is one of the largest FMCG companies in India. The company running its business in the food sector. Its brands including Nescafe, Maggi, Polo, Eclairs, Munch, Barone, and Alpino are dominating the market.
Nestle India's stock is currently trading at a price of Rs.18,143.95 and it has generated a return of 4.57% in the last one year. This stock is a good solid stock to include in your portfolio as it holds a big share in the FMCG sector and it has the potential to generate good returns for you in the long term.
The promoters of the company have 62.76% stakes in the company and 12.43% of the holdings are held by the foreign investors.
The company has reported a rise of 14.62% in the 4th quarter of 2021 in the company's net profit section on a yearly basis.
9. Abbott India Ltd. (Rs,17,815.85)
Abbott India Ltd. from the pharma sector, is the 9th most expensive stock to buy in India. With a market capitalization of Rs.37,857 crores, Abbott India Ltd. is a mid-cap company. Abbott India is a healthcare company engaged in the pharmaceuticals business. The company offers medical devices, diagnostics, nutritional and branded generic pharmaceuticals.
Abbott India's stock is currently trading at a price of Rs.17,815.85 and it has compounded its shareholder's wealth at a CAGR of 19.19% in the last one year.
74.99% of the company's stakes are held by the promoters of the company and mutual funds have 3.42% stakes in the company.
Financials of the company shows a jump of 37% in the company's net profit in the 4th quarter of 2021 on a yearly basis.
10. Bosch Ltd. (Rs.15,055.55)
Bosch Ltd. finds the 10th place in our list of 10 most expensive stocks to buy in India. With a market capitalization of Rs.44,403 crores, Bosch is a mid-cap company and it is operating its business in trading and manufacturing of automotive parts.
Bosch's stock is currently trading at a price of Rs.15,055.55 and it has generated returns of 16.61% in the last one year.
Promoters of the company have 70.54% stakes in the company and 4.34% stakes are held by the foreign investors. 13.14% stakes of the company are held by the domestic institutions whereas mutual funds have 2.97% stakes in the company.
If we talk about the financials of the company then the company has reported a massive rise of 495% in the company's net profit in the 4th quarter of 2021.
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Disclaimer
Above all the data including stock prices, market capitalizations, and shareholdings are taken from tickertape on 25th of July 2021, they may change in the future. This article was for educational purposes only meanwhile please don't take it as a stock suggestion. Consult your financial advisor or do thorough research by yourself before investing in to these stocks.
So, let us end this article here with these 10 most expensive stocks in India. Don't forget to share your opinion with us in the comment section and I will be happy to know if you have any of these in your portfolio. Till the next post, Goodbye, and Happy Investing!! ✌✌
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