List of most expensive shares in India: These public companies started off like any other by listing themselves on a publicly traded exchange. Now their shares have climbed their way through to the list of most expensive in the country. 

Today’s Finvestor topic will take you through the growth of these companies and why their shares are truly top tier. Here’s a list of the 10 most expensive shares in India. 

Why are They More Expensive Than Other Shares?

An observation can show that the prices of shares below are exponentially higher than even the largest companies like Reliance Industries, Adani, or Tata Group (by market capitalization). So what makes their share price so different from the other companies? 

The Answer is – Stock Splitting. 

When a company grows in market value, a company can decide to split the shares. So each share gets split into two units or more. This allows more investors to be able to buy the shares.

Otherwise, they remain largely out of reach of a majority of the retail investors. This leads to the stocks being less preferred over others. So to many investors, the only way to have ever owned these shares would be to invest in them during their IPO

Another advantage of stock splitting is liquidity. Shares that are within a certain price range are easy to dissolve in the markets and convert into capital, even as the company value increases. 

List of Most Expensive Shares in India

Here is the list of 10 Most Expensive Shares in India with the highest share price along with some other key details:

1. MRF Ltd (₹83,818)

MRF Logo | Most Expensive Shares in India

MRF is a leading tyre manufacturer in India and the Sixth largest in the world. Since its IPO in 1990, the company has never split its share. It was issued to the public at Rupees 11 per share.

Currently, the share price is ₹83,818. MRF started off as a toy balloon manufacturing company in 1946 by K.M. Mammen Mappillai. The price of the share is slated to go upwards unless the company decides to split the shares. They are presently the most expensive shares in the Indian market.

2. Page Industries Ltd (₹48,873)

Page Industries Logo

Page Industries is an Indian manufacturer and retailer of innerwear, loungewear, and socks. It is the exclusive licensee of Jockey International in India, Sri Lanka, Nepal, Bangladesh, the United Arab Emirates, Oman, and Qatar. Located in Bangalore, India, the share price of Page Industries is ₹48,873. 

3. Honeywell Automation India Ltd (₹40,182)

Honeywell Logo | Most Expensive Shares in India

Currently, at ₹40,182, HAIL is one of the most expensive shares in the Indian market. It started off as a joint venture between Honeywell and Tata before becoming independent in 2004.

It has a wide product portfolio in environmental and combustion controls, and sensing and control, and also provides engineering services in the field of automation and control to global clients.  

4. 3M India (₹22,742)

3M India Products

3M India Ltd is the subsidiary listed company of 3M Company USA in India. 3M Company USA holds a 75% equity stake in the company. It has a diversified portfolio of products in dental cement, health care, cleaning, etc.

5. Shree Cement (₹20,498)

Shree Cement | Most Expensive Shares in India

Shree Cement is a cement manufacturer headquartered in Kolkata, India. It is one of the largest cement makers in North India, and they also have a power subsidiary called Shree Power. Currently, their shares are trading at ₹20,498 per unit.

6. Abbott India (₹20,015)

Abbott India Logo

A subsidiary of Abbott Laboratories, they are one of the largest pharmaceutical companies in India and the world. Its manufacturing facilities are located at Verna in Goa and it is headquartered in Mumbai.

They are one of the oldest and largest pharmaceutical subsidiaries in India and have been operating here since 1910. The share price of Abbott currently is ₹20,015.

7. Nestle India (₹19,359)

Nestle India Products | Most Expensive Shares in India

Nestle is the world’s largest food manufacturer and Nestle India is its subsidiary. They are market leaders in food manufacturing, especially for newborn children and toddlers. Its first factory in India was set up in 1961 in Moga, Punjab.

The company’s India headquarters are located in Gurugram, Haryana. Currently, the share price of Nestle India sits at ₹19,359.

8. Bosch (₹17,115)

Bosch Logo

Bosch is an engineering and technology company that specializes in hardware and software, domestic power tools, and industrial technology. 

They established operations in India in 1951 and currently have 16 manufacturing plants spread across the country. Robert Bosch GmBH, the parent company of Bosch India, is over 135 years old and headquartered in Gerlingen, Germany. Per share price of Bosch India is at a high ₹17,115. 

9. Bajaj Finserv (₹15,047)

Baja Finserv Logo | Most Expensive Shares in India

Bajaj Finserv is the NBFC arm of Bajaj Group. They provide financial services such as credit cards, EMIs, vehicle financing, and insurance. 

The current share price of the financial company is ₹15,047. 

10. P&G Hygiene and Health Care Ltd. (₹14,488)

P&G Hygine Logo

Procter & Gamble Hygiene & Health Care Ltd is one of India’s most rapidly rising FMCG companies. Duracell, Olay, Tide, Gillette, Braun, Pringles, Lacoste, Puma, Oral-B, HUGO, Mr.Clean, Cover Girl, Pantene, Pampers, and Old Spice are just a few of the brands owned by Procter & Gamble. P&G Hygiene and Health currently features brands including Vicks and Whisper in its portfolio.

Are High Price Shares Risky To Invest In?

A share price does not determine the risk of that stock. There are a lot of factors that go into consideration before assessing the risk of a particular stock and high/low prices are not necessarily the best indicators.


All the companies in the list above are successful in their industry. While the high share prices are impressive by value, over the long run it limits the company’s growth and liquidity. Almost all the above shares are out of the reach of most retail investors. 

So, that’s all for the article “Most Expensive Shares in India”. To get a better understanding of stock market investing, check out our FREE courses on FinGrad. Happy Investing!

Tags: Most Expensive Share companies in India, Most Expensive Share/Stocks in India, Most Expensive Shares, Most Expensive Shares in India, Most Expensive stocks in India, Most profitable share in India, Top 10 highest share price in India, Top 10 Most Expensive Stocks in India 2022, Which share is the most expensive?, Which share price is highest in India?, most expensive share in India, costliest share in India, costly share in India, highest stock price in India, India’s most expensive share, most costly share in India, Top Costliest Stocks, honeywell automation share price in 1990, most expensive share in india, costliest share in india, most expensive stock in india, expensive share in india