In stock investing buying a mass of stocks is a common method of practice.
but! some stocks are expensive enough that only one share of these companies will cost you loads of money.
Does a higher stock price mean a better and bigger company?
NO!! Higher stock prices do not indicate that a company’s better than the other.
here is e.g, the Stock price of MRF is 76,895.70 INR and the Stock price of TCS is 3051.35 INR, but the market evaluation of TCS is 11,28,710.04 Cr INR and MRF is 32,612.57 Cr INR.
So why do these companies’ shares are so expensive?
because these companies didn’t split their shares since it has been listed in the stock market.
what is split?
just like a name, when a company announces a share split, the number of shares of the company increases, but the market capitalization of the company remains constant.
Here are some most expensive stocks in India.
Current price; 81,479.00 INR.
Madras Rubber Factory (MRF) is an Indian Multinational tyre manufacturing company and the largest tyre manufacturer in India, also is the sixth-largest tyre manufacturer in the world.
Current price; 40,759.10 INR.
Honeywell International Inc. is an American publicly traded, multinational conglomerate.
It mainly operates in four business areas; aerospace, technology building, performance materials and technologies (PMT), and safety and productivity solutions (SPS).
Shree Cement Ltd.
Current price; 28,080.50 INR.
Shree Cement is a cement manufacturer in India, founded in Rajasthan, in 1979.Its main headquarters are in Kolkata, it is Northern India’s biggest cement maker.
It also in the power production business and sells power under the name Shree Power (Captive Power Plant) and Shree Mega Power.
Current price; 29,495.00 INR.
Page Industries is an Indian innerwear, loungewear, and socks manufacturer and retailer company.
It is the exclusively owned and licensee of Brand Jockey International in India, Sri Lanka, Nepal, Bangladesh, the United Arab Emirates, Oman, and Qatar.
As of December 2020 reports, Jockey is the largest selling apparel brand in India, with more than 700 outlets in operation in the country.
3M India Ltd.
Current price; 25,138.90 INR.
The 3M is originally an American multinational conglomerate corporation company operating in the fields of industry, worker safety, health care, and consumer goods.
The company produces and owned over 60,000 products under various brands, including adhesives, protection, laminates, passive fire abrasives, personal protective equipment,
window films, paint protection films, dental and orthodontic products, electrical and electronic connecting and insulating materials, medical-related products, car-care products, electronic circuits, healthcare-related services, and optical films, etc.
Bombay Oxygen Investments Ltd.
Current price; 15,239.00 INR. Bombay Oxygen Investments Ltd is an industrial gas manufacturer and supplier.
The company’s main business was to manufacture and supplying Industrial Gases which were discontinued from 1st August 2019. The Company owns substantial financial investments in the form of shares, mutual funds & other financial securities and the income from such financial investments is the source of revenue of the Company.
Current price; 17,988.70 INR.
Nestlé is a Switzerland-based multinational food and drinks processing conglomerate corporation company. It is one of the largest food company in the world, measured by revenue and other parameters.
Nestlé’s products include Snacks, baby food, ice creme, frozen food, chocolates, and dairy products.
including worldwide famous products like Meggi, KitKat, Nespresso, Nescafé, polo, milkybar, etc. Nestlé has more than 400 factories, operates in 189 countries, and employs around 339,000 people.
Current price; 16,400.00 INR.
Abbott Laboratories is American-based multinational health care and medical service company.
Abbott Laboratories sells medical devices, diagnostics, branded generic medicines, and nutritional products.
Abbott Laboratories separated from its research-based pharmaceuticals business into AbbVie in 2013.
Among its worldwide well-known products across the medical devices, diagnostics, and nutrition product divisions are following Pedialyte, Similac, Ensure, Glucerna, ZonePerfect, i-STAT, and MitraClip, etc.
Current price; 14958.95 INR.
Tasty Bite is a food company that offers packaged goods, of pre-prepared ready-to-eat, all-natural Indian and pan-Asian cuisine.
Established in 1995, Tasty Bite sells over more than 30 products across 4 different categories which are entrées, rice, noodles, and meal inspirations.
The products range from typical Indian dishes Channa Masala to fusion items dish such as the Tofu Corn Masala.
Procter & Gamble.
Current price; 13,319.50 INR.
It specializes in and praduces a wide range of personal health/consumer health, and personal care and hygiene products, these products are organized into different segments such as Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care. its product portfolio also included food, snacks, and beverages products.
Current price; 15,260.00 INR.
Bosch’s core operating areas are distributed across four types of business sectors which is mobility (hardware and software), consumer goods (including household appliances and power tools), industrial technology (including drive and control), and energy and building technology.
Kindly note that Above data may change over time.
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