- 1 Most Expensive Stocks in India
- 1.1 Top 10 Most Expensive Stocks in India
- 1.1.1 #1 – MRF (Madras Rubber Factory)
- 1.1.2 #2 – Eicher Motors
- 1.1.3 #3 – Page Industries Limited
- 1.1.4 #4 – Bosch Limited
- 1.1.5 #5 – Shree Cement Limited
- 1.1.6 #6 – Honeywell Automation India Limited
- 1.1.7 #7 – 3M India Limited
- 1.1.8 #8 – Procter & Gamble Hygiene And Health Care Limited
- 1.1.9 #9 – Maruti Suzuki India Limited
- 1.1.10 #10 – Nestle India Limited
- 1.2 Conclusion : Most Expensive Shares in India 2018
- 1.1 Top 10 Most Expensive Stocks in India
Most Expensive Stocks in India
We know that money makes money. And the money that money makes, makes money.
In this article, we review the top 10 most expensive stocks in India. As an investor or trader, you may use technical analysis or fundamental analysis or consider any other factors before adding a stock in your portfolio.
You might have observed that some companies have an extraordinarily high price & you can do nothing but just hope that you own one of their shares someday.
Let us look at the list of the top 10 most expensive stocks in India in 2018 along with their detailed review.
Top 10 Most Expensive Stocks in India
MRF Limited is engaged in the manufacture and sale of automotive tires, tubes, and flaps, among others. The Company also manufactures rubber products, such as tread rubber and conveyor belt.
Low Beta Stock (β) = 0.87
Dividend Yield – 0.09 %
1 Year Return – Underperformed Sector by 9.49 %
#2 – Eicher Motors
Eicher Motors Limited (EML) is a company, which is engaged in manufacturing automobile products and related components. The Company operates in business verticals, including motorcycles, commercial vehicles and personal utility vehicles.
Low Beta Stock (β) = 0.89
Dividend Yield – 0.33 %
1 Year Return – Outperformed Sector by 14.42 %
#3 – Page Industries Limited
Page Industries Limited is engaged in the business of manufacturing and trading of garments. The Company offers knitted garments.
Low Beta Stock (β) = 0.77
Dividend Yield – 0.44 %
1 Year Return – Outperformed Sector by 31.83 %
#4 – Bosch Limited
Bosch Limited is a holding company. The Company operates in the manufacturing and trading of automotive products. Its segments include Automotive Products and others. The Company offers products, including fuel injection equipment and components; injectors, nozzles and nozzle holders, and starter motors and generators.
High Beta Stock (β) = 1.51
Dividend Yield – 0.47 %
1 Year Return – Underperformed Sector by 21.09 %
#5 – Shree Cement Limited
Shree Cement Limited is a cement company whose principal products/services are cement and clinker.
High Beta Stock (β) = 1.48
Dividend Yield – 0.23 %
1 Year Return – Underperformed Sector by 22.66 %
#6 – Honeywell Automation India Limited
Honeywell Automation India Limited is engaged in the manufacture of electronic systems and components; repair and maintenance, and trading of machinery, equipments, and supplies.
Low Beta Stock (β) = 0.65
Dividend Yield – 0.06 %
1 Year Return – Outperformed Sector by 10.01 %
#7 – 3M India Limited
3M India Limited is a technology company. The Company’s segments include the Industrial segment, which offers tapes, adhesives, advanced ceramics, sealants, specialty materials, closure systems for personal hygiene products.
Low Beta Stock (β) = 0.91
Dividend Yield – 0.00 %
1 Year Return – Underperformed Sector by 361.77 %
#8 – Procter & Gamble Hygiene And Health Care Limited
Procter & Gamble Hygiene and Health Care Limited is an India-based company, which is engaged in the manufacturing and selling of branded packaged fast moving consumer goods in the femcare and healthcare businesses
Low Beta Stock (β) = 0.3
Dividend Yield – 4.23 %
1 Year Return – Outperformed Sector by 7.76 %
#9 – Maruti Suzuki India Limited
Maruti Suzuki India Limited is a holding company. The Company is engaged in the manufacture, purchase, and sale of motor vehicles, components and spare parts (automobiles). The other activities of the Company comprise facilitation of pre-owned car sales, fleet management, and car financing.
High Beta Stock (β) = 1.07
Dividend Yield – 0.88 %
1 Year Return – Outperformed Sector by 41.94 %
#10 – Nestle India Limited
Nestle India Limited is an India-based company engaged in the food business. The Company operates in the Food segment. The Company’s food business incorporates product groups, which include milk products and nutrition, beverages, prepared dishes and cooking aids, and chocolate and confectionery.
Low Beta Stock (β) = 0.42
Dividend Yield – 0.84 %
1 Year Return – Underperformed Sector by 10.07 %
The primary reason for this is that the quantity of outstanding shares in the market is low. The market capitalization of any company is equal to the price of a single share multiplied by the number of shares outstanding in the market. So if you have two companies with similar market capitalization the company with the lower number of outstanding shares in the market will have a higher stock price and similarly the other way round.
The number of outstanding shares in the market increases when companies issue more shares via a rights issue, stock split or bonus issue. This way the number of shares in the market increases and the share price decreases. The stocks with such high price have a lesser or no frequency of issuing bonus shares or stock split.
Meanwhile, the most expensive share in world is Warren Buffett’s Berkshire Hathaway. Berkshire Hathaway share price currently is 300,000 USD which is around 1.91 crore INR
Hope you enjoyed reading about the top 10 most expensive stocks in India along with their detailed review and comparison of returns with respect to Sensex as well as their respective sectors.
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Now over to you !
Do you wish to own any of these stocks ?
Do you own any of these expensive stocks ?
Which of these stocks do you think will able to outperform going ahead?
Share your answers in the comments section.