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Wednesday, October 21, 2020

5 Most Expensive Stocks in India 2020

 

1. MRF (Rs 60,269)

 
MRF (company) - Wikipedia

Market Capitalization = Rs 25,554 Cr

Madras Rubber Factory (MRF) is a Tyre manufacturer that produces a wide range of tyres. It specializes in Car & bike tyres, trucks/buses tires etc.

 Currently, MRF has the highest share price in India among all the listed companies on BSE/NSE. The all-time high share price of MRF is Rs 81,426. The stock is currently trading at a standalone PE of 70.

MRF has never split its share and has a face value of Rs 10. Noticeably, this company was trading at a price of Rs 10,000, in November 2012.

2. Honeywell Automation (Rs 32,198)

Honeywell Automation India Ltd: Fundamental Analysis - Dr Vijay Malik

Market Capitalization = Rs 28,463 Cr

Honeywell Automation India Ltd, a part of Honeywell group, USA and is a leader in providing integrated automation and software solutions. It has a wide product portfolio in environmental and combustion controls, and sensing and control, etc. This stock has given a return of over +235% in the last 5 years. It is currently trading at a PE of 60.03.

3. Page Industries (Rs 20,627)

 Page Industries: Jockeying with COVID19!

Market Capitalization = Rs 23,001 Cr

Page Industries is an Indian manufacturer and retailer of innerwear, loungewear and socks. One of the popular brand under Page Industries is Jockey (Underwear and inner wears company). .This stock has turned out to be a multi-bagger stock in the last couple of years and has given a return of over +2,000% in the last ten years. Page industries is currently trading at a PE of 119.05.

4. Shree Cements (Rs 20,296)

 Shree Cement

 Market Capitalization = Rs 73,272 Cr

 Shree Cement is an Indian cement manufacturer headquartered in Kolkata. This Indian cement manufacturer company was founded in Beawar, Ajmer district, Rajasthan, in 1979. Shree cement is the biggest cement maker in northern India and also produces and sells power under the name Shree Power and Shree Mega Power. 
Shree cements is currently trading at a PE of 49.08.

 5. 3M India (Rs 18,795)

3M India eyes defence foray in the country | Business Standard News

Market Capitalization = Rs 21,182 Cr

3M India Ltd is the subsidiary listed company of 3M Company USA in India. 3M Company USA holds 75% equity stake in the company. It has a diversified portfolio of products in dental cement, health care, cleaning, etc. This stock is currently trading at a PE of 117.77.

 

 

 

 

 

 

Top 10 Most Expensive Stocks in India 2020

Read more on Groww: https://groww.in/blog/expensive-stocks-india/

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