Indian Stocks With The Highest Stock Price!

Shareholders, also known as stockholders or equity holders, are individuals, entities, or institutions that own shares or stocks in a company.  

When you own shares in a company, you become a partial owner or shareholder of that company.  Being a shareholder comes with certain rights and responsibilities. Along with sharing in the overall financial success, a shareholder is also allowed to vote on certain issues that affect the company or fund in which they hold shares. 

Investors vary in their investment preferences, such as long-term, mid-term, and short-term strategies, as well as their inclination towards low or high-priced stocks. While there is considerable interest in penny stocks, particularly among retail investors, it’s important to note that their appeal does not necessarily guarantee substantial wealth creation. 

These are the top 10 high prices in India: 

MRF ltd 

MRF holds the distinction of having the highest share price in India. Priced at Rs97208, it is considered the most expensive stock in the country, making it inaccessible to many retail investors. 

MRF is a renowned tire manufacturer in India, holding a significant market share of over 25% in the tire industry. Over the past two decades, the company’s shares have performed exceptionally well, delivering impressive returns to its investors.  

In FY23 Company posted Revenue of Rs 23008 Crore up by 19.11% from Rs 19317 Crore with a PAT of Rs 769 Crore.  

Honey Well Automation Ltd 

Honeywell Automation India Ltd (HAIL) is a subsidiary of Honeywell International Inc., a global technology and manufacturing company. HAIL operates in the field of automation and control systems, providing a wide range of solutions and services to various industries in India. 

Honeywell Automation India offers products and solutions in areas such as process control, building automation, industrial safety, advanced software solutions, and more. The company caters to industries such as oil and gas, power, chemicals, manufacturing, pharmaceuticals, and infrastructure. 

In FY23 Company’s revenue was Rs 3448 Crore from Rs 2948 Crore, up by 16.93% with a PAT of Rs 438 Crore from Rs 339 Crore. 

Page Industries ltd 

Page Industries Limited was established in 1995 and holds the exclusive license from JOCKEY International Inc. for the manufacturing, distribution, and marketing of the renowned JOCKEY® brand in India, Sri Lanka, Bangladesh, Nepal, and the UAE. Furthermore, Page Industries is the exclusive licensee of Speedo International Ltd. 

During FY23 Company posted a Revenue of Rs 4789 Crore, up 23.21 from FY22 i.e. Rs 3886 Crore along with a PAT of Rs 571 Crore with a margin of 11.92%. 

Shree Cements ltd 

Shree Cement is engaged in the manufacturing and selling of cement and cement-related products and is one of the lowest-cost producers in the country. It is the 3rd largest cement producer in India with an installed capacity of 46.4 MTPA. Employing a multi-brand strategy, Shree Cement engages in the sales of its products through distinctive brands such as Bangur, Shree Ultra, and Rock Strong Cement. 

During FY23 Company posted a Revenue of Rs 16837 Crore, up 17.70% from FY22 i.e. Rs 14306 Crore along with a PAT of Rs 1328 Crore with a margin of 7.9%.  

3M India Ltd 

3M India, a subsidiary of 3M Company based in the USA, oversees its business operations across four primary segments: Safety & Industrial, Transportation & Electronics, Health Care, and Consumer. Within India, the company operates manufacturing facilities in Ahmedabad, Bangalore, and Pune, along with a dedicated Research and Development Centre located in Bangalore. 

During FY23 Company posted a Revenue of Rs 3959 Crore, up 18.69 % from FY22 i.e. Rs 3336 Crore along with a PAT of Rs 451 Crore with a margin of 11.39%.  

Abott India ltd 

Established in 1944, Abbott India Ltd is a prominent multinational pharmaceutical company operating in India. The company’s products are distributed primarily within the country through independent distributors. Abbott India Ltd holds a significant position in the pharmaceutical industry in India. 

The company focuses on the production, sales, distribution, and marketing of pharmaceutical products. This high-priced stock is dedicated to improving the lives of individuals in India by offering nutritious foods, vascular devices, and branded generic pharmaceuticals to enhance overall well-being. 

During FY23 Company posted a Revenue of Rs 5349 Crore, up 8.73 % from FY22 i.e. Rs 4919 Crore along with a PAT of Rs 949 Crore with a margin of 17.7%. 

Nestle India ltd 

Nestle India Limited is a subsidiary of Nestle which is a Swiss MNC. The company operates in the Food segment. Nestle, a renowned player in the fast-moving consumer goods (FMCG) sector, holds the distinction of being the highest-priced stock in India. The company’s dominance in the Indian market is evident as it has become a household name known for its extensive range of confectioneries, food products, and beverages. Popular products are Nescafe and Maggi, KitKat, Milky Bar, etc. 

Nestle is yet to announce its FY23 result last year Revenue was Rs 16897 Crore with a PAT of Rs 2391 Crore in FY22  

Bosch ltd 

Bosch Ltd operates in diverse sectors including automotive technology, industrial technology, consumer goods, and energy and building technology. The company engages in the manufacturing and trading of a wide range of products, including diesel and gasoline fuel injection systems, automotive aftermarket products, industrial equipment, electrical power tools, security systems, and industrial and consumer energy products and solutions. 

During FY23 Company posted a Revenue of Rs 14929 Crore, up 26.72% from FY22 i.e. Rs 11782 Crore along with a PAT of Rs 1424 Crore with a margin of 9.5%. 

P&G Hygiene ltd 

Procter & Gamble Hygiene and Health Care Limited specializes in the manufacturing and sales of branded packaged fast-moving consumer goods in the femcare and healthcare sectors. The company’s product portfolio comprises renowned brands such as WHISPER, India’s leading Feminine Hygiene brand, as well as VICKS, the country’s top Health Care brand, and Old Spice. 

The company is yet to announce its FY23 result last year Revenue was Rs 3901 Crore with a PAT of Rs 576 Crore in FY22 

Polson ltd 

Polson Limited operates in the manufacturing and sale of Synthetic Organic Tanning Substances for both domestic and export markets. The company holds the position of being Asia’s leading manufacturer of Vegetable Tannin Extracts. Since its establishment in 1906, Polson Limited has emerged as the largest exporter and manufacturer of vegetable tannin extracts and environmentally friendly leather chemicals in Asia. 

During FY23 Company posted a Revenue of Rs 83.86 Crore, down by 14.02% from FY22 i.e. Rs 97.53 Crore along with a PAT of Rs 4.83 Crore with a margin of 5.8%.