Share is a part of an organization, which is purchased by a buyer and gives the buyer an authority to claim the profit as well as the loss of the company. Share can be a good option of investment and can offer good returns if invested smartly. In India, there are 3 types of shares, which are Equity Share, DVR Share and Preference Share. These shares are different in terms of voting rights and dividends. Among all types of share, Preference Share has a priority over the other two types of share in terms of voting rights and dividends.
Now, the question arises, Why some small companies have costliest shares and big corporations have shares of comparatively less price? The answer is Stock Split. Generally, companies after a certain period of time split their stock to reduce the price of their shares. But, some companies don’t split their stock and as a result price of their shares keeps on rising and become some of the costliest shares in the country and the world.
In this post, we have described the costliest shares in India, which have some of the highest prices in the country. Apart from being costliest shares in India, these shares also offer a decent return and growth. So, here is the list of Top 10 most Expensive Shares in India:
10. BLUE DART
With a price per share of Rs 6,508, Blue Dart has occupied 10th spot in this list. Blue Dart is a leading courier company started operations in the year 1983 and has a presence in over 34,000 locations in India.
Blue Dart is known for its high quality and prompt services and in the last financial year, the company generated revenue of more than Rs 2,200 Crore. The company has operations in more than 200 countries and owns 5 Boeing Aircraft and over 8,700 vehicles.
Price Per Share: Rs 6,508
Polson with a share price of Rs 7,250 has occupied 9th place in the list of top 10 most expensive shares in India. Polson is an Indian Company, which was established in the year 1900 by Pestonjee Eduljee and has operations in diverse sectors like Leather, Chemicals, Pharmaceuticals, etc.
Price Per Share: Rs 7,250
8. 3M INDIA
3M India is next on this list, which is an Indian subsidiary of 3M, an American Multinational Corporation started in the year 1902. 3M made debut in India through its subsidiary, 3M India, which was founded in the year 1988.
3M India has one of the costliest shares in India with a price per share of Rs 8,230. The product line of 3M India is diverse and comprises of products related to different sectors like Health Care, Security, Communication, Transportation, etc.
Price Per Share: Rs 8,230
7th position of the list is occupied by Honeywell, an American Multinational Corporation incorporated in the year 1906. Honeywell is a Fortune 100 company and manufactures products related to various sectors like Healthcare, Petrochemicals, Aerospace, etc.
Price Per Share: Rs 8,323
6. SHREE CEMENT
With a share price of Rs 11,075, Shree Cement has occupied 6th position in the list of top 10 most expensive shares in India. Shree Cement is an Indian Cement Giant, which was incorporated in the year 1979.
The company is growing continuously at a decent pace and in the last financial year, its revenue crossed the mark of Rs 6,000 Crore. The company has 9 manufacturing plants in different parts of the country with a total cement capacity of more than 23 Million Tonnes per annum.
Price Per Share: Rs 11,075
5. PAGE INDUSTRIES (JOCKEY INDIA)
Page Industries is next on this list, which has the license of making Jockey products in India. Established in the year 1995, Page Industries manufacture various products of Jockey that include innerwear, sportswear, and other accessories.
Price Per Share: Rs 13,750
4. TIDE WATER OIL
Tide Water Oil is another costliest share in India with a price of Rs 15,182 per share. Tide Water Oil is a leading lubricant company, which was incorporated in the year 1928 and presently among the leaders in the Indian Lubricant Industry.
Tide Water Oil manufactures and sells lubricants under the brand name of Veedol. The company is known for offering quality lubricants and has a strong network in the country with more than 600 dealers and over 50,000 retail outlets.
Price Per Share: Rs 15,182
3. EICHER MOTORS
With a price per share of Rs 19,601, Eicher Motors is the next company in this list, which was established in the year 1982. Headquartered in Gurgaon, Eicher Motors is among the companies with the costliest share in India and in the last year, the total revenue of the company crossed the mark of Rs 3,000 Crore.
The company manufactures buses and trucks packed with advanced features and technology. Also, Royal Enfield, a popular motorcycle brand is owned by Eicher Motors.
Price Per Share: Rs 19,601
Bosch is another costliest share and stands at 2nd in the list of top 10 most expensive shares in India. Bosch is a German Corporation, which has a business in electronics and engineering sectors and operates in India through its subsidiary.
Bosch made debut in India in the year 1951 and started its first manufacturing plant in 1953. Bosch India is growing at a fast rate and in the last financial year, the company generated consolidated revenue of more than Rs 15,000 Crore.
Bosch manufactures electronics and engineering products for various sectors like Energy, Consumer Goods, Industrial Technology, etc. Bosch in India has a strong workforce of over 29,000 employees.
Price Per Share: Rs 23,220
MRF is the costliest share in India with a price per share of Rs 39,440. MRF is a leading Tyre Manufacturing Company, which was incorporated in the year 1946. In the last financial year, MRF generated a revenue of more than Rs 14,500 Crore and a profit of over Rs 1,300 Crore.
Headquartered in Chennai, MRF manufactures tyres and other rubber products of premier quality, for which the company is acclaimed across the globe. At present, MRF has manufacturing facilities in 6 different locations, a strong network of over 3000 deals and presence in more than 60 countries across the world.
Price Per Share: Rs 39,440