Top 10 Most Expensive Share In India In 2023

top 10 most expensive share in India

Shares of companies or stocks represent ownership of a part of company. The person who buy the share is known as the shareholder and by buying the share of the company, one can say that they are investing the company’s business hoping to make a profit when the underlying business does well. As when the business does well, the share price is also expected to increase in value.

During your investing journey in the stock market, an individual may have also wondered about the top 10 most expensive share in India. One may have thought as to why these stocks are priced so high and what do these companies do, that allows their stock to trade at a such a high value.

Some investors also think that, since these stocks are trading a very high price, these stocks are expensive. But once, the person understands how much ownership, one can own with just a single stock of such a company, the picture becomes clearer. There can be many reasons for such high price. No bonus or split of shares is one of the major reason for the most expensive share in India.

Investors who have their newly opened demat account, will soon realize how the stock prices vary in wide ranges from penny stocks which cost some rupees per share to the priciest share which costs up to thousands of rupees per share. If you are unfamiliar with the most expensive share in India then please continue to read the information given below in this write-up.

Here is the list of the top 1o most expensive stocks of 2023 in India.

Let’s have a look at the most expensive stocks.

SL No. Stocks Stock Price(₹) Market Cap (₹ in Crores)
1. MRF Limited 87,658.30 37,177.14
2. Page Industries Limited 38,133.25 42,533.35
3. Honeywell Automation India Limited 36,204.50 32,010.29
4. Shree Cement Limited 26,214 94,585.32
5. 3M India Limited 21,809.00 24,567.99
6. Abbot India Limited 20,216.20 42,958.01
7. Nestle India Limited 18,674.15 1,80,048.15
8. Bosch Limited 18,311.95 54,008.61
9. Procter & Gamble Hygiene and Health Care Limited (P&G) 13,527.65 43,911.75
10. Yamuna Syndicate Limited 12,500.00 384.21


Let’s take a quick overview of the top 10 most expensive stocks of 2023 in India:

  1. MRF Limited: The Madras Tyre Factory is an MNC and India’s largest tyre manufacturer. It is popularly known as MRF Tyres and is headquartered in Chennai, Tamil Nadu. It is mainly a vehicle tyre manufacturer, but it also makes paints and sports goods and the premium brand “Funskool” which makes toys is also an MRF product. the company’s primary business is to produce rubber goods like conveyor belts, tyres, tubes, flaps and rubber threads. The varied business of the company includes toys, coats and pre-reads. Additionally, the company also makes tyres, tubes and flaps for trucks, two-wheelers and passenger cars. Only recently, the share of MRF has hit 1 lakh mark making it the most expensive share in India. The share has indeed created new high just not for itself, but for the entire Indian stock market.
  2. Page Industries Limited: They have a license to make, produce and distribute the products of the brand Jockey in India, Bangladesh, UAE, Sri Lanka and Nepal. They also have an exclusive license for the products of Speedo International Limited. Page Industries Ltd., is based in Bangalore, India and it holds an exclusive license from JOCKEY International Inc. (INC). This makes it the second most expensive share in India.
  3. Honeywell Automation India Limited: It provides software business solutions to other organizations. It is also engaged in helping to manufacture plants, buildings, workers and supply chains that enhance innovation and sustainability through process solutions. HAIL makes homes and commercial buildings safer and more comfortable, meanwhile boosting productivity. Among other goods and services that HAIL deals with are refining, oil and gas, pulp, paper and printing, power generation, power transmission and distribution, chemicals and life sciences, petrochemicals, metals, minerals, and mining are among the goods and services the company provides.
  4. Shree Cement Company: Incorporated in 1979, it is a cement-making company and a leading producer of cement in the North of India. Its extended brands are Shree Jung Rodhak, Bangur Cement, and Rockstrong Cement. To market its products the company uses 3 brand names namely Shree Ultra Jung Rodhak Cement, Bangur Cement, and Tuff Cemento. They are also in the business of the production of cement and power. This makes the stock one of the most expensive share in India.
  5. 3M India Limited: Incorporated in 1987, 3M India’s business is highly diversified and with multiple categories. Some of their most familiar brands are Scotch Brite, Scotch Tapes, Post Its and Scotchgard glue. it also deals in the production of adhesives, paint protection films, window films, signs, dental products, surgical solutions, etc. It’s a science-based company at its core and is the leader in many markets of office supplies, abrasives, and adhesives, in addition to producing thousands of innovative products. In additional niches 3M India Limited also operates in: Energy, Health Care, Industrial and Transportation, Consumer & Office, Construction Markets, and Safety, Security, and Protection Services.
  6. Abbot India Limited: A subsidiary of Abbot Laboratories of the USA. It has an extensive variety of nutritional products, diagnostic tools, diabetes and vascular devices, and branded generic pharmaceuticals. A few products that Abbot India Limited develops, produces and markets are Anaesthesia, Animal Health, Cardiovascular, Diabetes Care, Hematology, Immunodiagnostics and Clinical Chemistry, Immunology, Metabolics, Molecular, Neuroscience, Nutrition, Oncology, Pain Care, Point of Care, Renal Care, Vascular, and Virology. Their product line has 3 divisions-primary care, speciality care and hospitality care. It is one of the most expensive share in India it’s sector.
  7. Nestle India Limited: Founded in the year 1866, Nestle’s first factory was set up in 1961 in India but its association with India dated back to the 1900s when it started to send products to the Indian marketplace. Nestle’s brand products like Maggi, sauce, Maggi masala, Sunrise coffee, Narrow, and a+ milk range are popular home-known products. Nestle India Limited works only in the food factory and it is the leading company in the sphere of nutrition, health, and wellness.
  8. Bosch Limited: It is a part of Germany’s Robert Bosch company. It mainly deals with automotive technology which includes- diesel and gasoline fuel injection systems, car multimedia systems, auto electricals and accessories, motors, and starters. Bosch Limited is the largest producer of automotive components in India. The share of Bosch Limited is also one of the most expensive share in India, at this point.
  9. Procter & Gamble Hygiene and Health Care Limited(P&G): It is India’s faster-growing FMCG company in its portfolio Whiper- which is India leading Femalr Hygeinfg Brand and Vicks- which is India’s No. 1 health care brand and Old Spice. P&G India is a subsidiary of Procter & Gamble Company, USA., making it one of the most expensive share in India.
  10. Yamuna Syndicate Limited: Established in 1955 it is a trading and marketing company. it deals with a wide variety of products, components, and consumables for the automotive industry, as well as agrochemicals, industrial electricals, and consumer electricals. This has propelled the stock to become one of the most expensive share in India.

Now one might be thinking as to why such companies have so high stock price. So there can be some reasons for the same. The reasons can be:

  1. The company wants to minimize the buying and selling of shares, so as not make the share volatile.
  2. The company may not like the fact that too much of their shares is with the public, which can liquidate their equity.
  3. The shares of these companies might be perceived as a status symbol and hence can have a prestigious position in a portfolio.
  4. High share price also helps keep speculators away.
  5. If the business is doing great and the financials are strong, then a bonus or split does not make sense. Buybacks and dividends can become a priority then.

These are just some of the reasons and many more reasons can also be there, but these seem to be the biggest one.

While the share price of these companies can appear to be very high and some might also perceive these stocks as expensive, the ownership percentage one gets by owning these stocks can be high. So it is important to do your own due diligence before investing in shares of any kind.  Always remember that there are guarantee of return in the share market and while the most expensive share in India, might be perceived to be a safer bet, things can go in any direction.

Investing in these companies demands huge investment for a small number of shares, and considering their growth in the past they have grown significantly. But never forget that the stock market is unpredictable and volatile and things turn up and down at any point in time. Take calculative risks and do extensive research work before making an investment. To have a smooth investment into all these top 10 most expensive stocks always remember to have a Demat account or you can directly visit: and enjoy your investing times.

Hope you have a great and joyous compounding journey ahead of you. Whether you choose to invest in the most expensive share in India or otherwise, do make sure to do your own research and due diligence. Remember, that share market is not the place for safety and even in the safest of companies there is still some degree of risk. If needed you can also avail research and advisory services, so that you have some form of hand holding in this field.

Be Wise Before Investing!

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