In recent times, the Indian stock market has grown tremendously in all aspects. From receiving amazing investments to enlisting new companies, and IPOs, to adopting newer technologies, the stock market in India has been climbing the new ladders of success with every passing day. There are different types of companies now listed on the stock exchange which simply means that the stock investors have the option to choose from a wide range of companies to invest in.
Most investors look to invest in companies that have low prices but those that have the potential to go up in the future. This is the typical mechanism of stock investment. However, it is always interesting to know which stocks have the most worth. It can easily be done by determining the stocks that are at the higher end of the price.
So, let’s find out some of the Indian stocks that are immensely expensive.
MRF
MRF is a leading tyre manufacturing company in India. MRF stands for Madras Rubber factory. The company started its operations as a small toy manufacturing company by K M Mammen Mappillai. It was making balloons, contraceptives, and toys in 1949. It was the year 1961 when it rolled out its first tyre.
Its main subsidiaries are Funskool (India) Ltd., MRF Corp Limited, MRF SG Pte Ltd, and MRF Lanka (P) Ltd.
As per the latest report, the price for one share was around 70, 000. From this, it can easily be understood that buying the shares is not the cup of tea for most middle-level stock investors.
At present, MRF exports tires to a large number of countries including the USA, UAE, Europe, Japan Middle East, Japan, and the Pacific region. It has its global offices in Vietnam, Dubai, and Australia. This is one that the best stock broker in India would always quote.
3M India
A subsidiary of 3M Co, 3M India is an industrial product company that manufactures a wide range of products including consumer items, medical equipment, tamper proof labels, automobile filters, adhesives, and coating.
The company delivers its products to the commercial, healthcare, transportation, display & graphics, electronics and communications, safety, office consumables, and security sectors. Some of its leading products are Nexcare, Scotch-Brite, Littmann, Command, and Post-it. The company has its offices in Gurgaon, Kolkata, Mumbai, Pune, Chennai, and Hyderabad. The company has its headquarters in Bengaluru, Karnataka, India.
The stock price of 3M India hovers between Rs. 20,866 and Rs. 31,000.
Page Industries
Having its headquarters in Bengaluru, Page Industries is popular in the Indian market with the brand name Jockey. The company is an exclusive licensee of JOCKEY International Inc. (USA). The firm is indulge in the manufacturing and distribution of Innerwear/Leisurewear for both Men and Women in countries like India, Bangladesh, Sri Lanka, UAE, and Nepal. Page Industries also possesses the license of Speedo International Ltd. for the making and distribution of the Speedo brand in the country.
It was launched by the prestigious Genomal family, who have been connected with JOCKEY International Inc. for nearly half decade as their exclusive licensee in the Philippines. Page Industries was transformed into a public company in March 2007 and is listed on the Bombay Stock Exchange and the National Stock Exchange of India.
The current stock price of Page Industries is INR 44,870.00, as per the cheapest stock broker in India.
Nestle India
Nestle India Limited is a food-based company delivering a wide range of products. Nestle is considered is the world`s leading Nutrition, Health, and Wellness Company. The Company was setup in the year 1866. Nestle’s product range is made up of diverse categories like milk products, nutritional supplements, beverages, ready-to-cook dishes and cooking aids, chocolates, and confectionery. The Company’s major brands a MAGGI, NESCAFE, BAR-ONE, MILKYBAR, KIT KAT, MILKMAID, NESTEA, NESTLE Milk, NESTLE SLIM Milk, NESTLE Dahi, and NESTLE Jeera Raita. The Company’s beverage range has NESCAFE CLASSIC, NESCAFE My First Cup, NESCAFE CAPPUCCINO, NESCAFE SUNRISE Premium, NESCAFE SUNRISE, and NESTEA ICED TEA.
The prevailing price of one share of Nestle is INR 18,382.40.
Abbott India
The country’s leading pharmaceutical and Drugs Company is headquartered in Mumbai. Abbott India Ltd. is a healthcare company that discovers, develops, manufactures, and markets a wide range of products in the fields of Anesthesia, Animal Health, Anti-Infectives, Cardiovascular, Diabetes Care, Hematology, Immunodiagnostics and Clinical Chemistry, Immunology, Metabolics, Molecular, Neuroscience, Nutrition, Oncology, Pain Care, Point of Care, Renal Care, Vascular, and Virology. The company has in-house development and medical teams that work on product and clinical development specifically for the Indian market. Their product line is divided into three categories: primary care, secondary care, and tertiary care, which includes products in the areas of pain management and gastroenterology with well-known brands.
Current share price – INR 17,800. 00
Bosch India
Bosch Ltd is the biggest auto equipment manufacturer in India. The activities of the company can be divided into the following categories: Automotive Technology, which includes Diesel and Gasoline Fuel Injection Systems, Blaupunkt Car Multimedia Systems, Auto Electricals and Accessories, Starters and Motors, Energy and Body Systems; Industrial Technology, which includes Packaging Machines, Special Purpose Machines, and Consumer Goods; and Building Technology, which includes Power Tools, Security Systems, and so on. The company is also involved in the automotive product business.
The current share price of Bosch is INR 14,560.
The Conclusion
So, here you know the top stocks in India that are the most expensive ones. Having the knowledge of these stocks would help you in determining the best stocks to invest in.