There are so many different companies with the highest share price in India. Some of the top companies include Infosys, Wipro, Tata Motors, and PepsiCo. Each company has a variety of reasons for its high share prices. Some of these reasons include strong growth rates, great innovation, and a high level of customer satisfaction.
Companies with the highest share price in India are companies that are publicly traded on the stock exchange. The share price of a company is the amount of money that a stockholder would receive if they were to sell their shares of the company at the current price of the company. The share price of a company is often used as a measurement of how much the company is worth. The highest share price in India was achieved by a tech company called Flipkart. But these highest share prices are changes with time. These are the Top 10 Companies having the Highest Share Price in India.
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Top 10 Companies with Highest Share Price
Companies with the highest share price in India are the ones that have the most value. The majority of stock prices in India are not based on the value of the company, but on the value of the company’s share. This makes it difficult for investors to find companies with high share prices in India, and even more difficult to invest in those companies. Some of the High share price companies in India are
1. MRF (Rs. 76,000.60)
MRF ( Madras Rubber Factory ) is the top highest share price in India having a share price of 76,000.60. Coming to the company’s history in 1946, K. M. Mammen Mappillai founded MRF 1946 as a toy balloon manufacturing company in Tiruvottiyur, Madras.
By 1949, the firm was producing latex cast toys, gloves, and contraception, and it had opened its first office at 334 Thambu Chetty Street in Madras (now Chennai), Tamil Nadu, India. MRF’s foray into tread rubber manufacturing in 1952 propelled them onto the road and into the big leagues. MRF was the industry leader in tread rubber in India by 1956, with a 50% market share.
1961 was an auspicious year. MRF went public, formed a technological partnership with the Mansfield Tire & Rubber Company in the United States, and then the Chief Minister of Tamil Nadu, Mr. K. Kamaraj, unveiled the first tyre produced at MRF’s new pilot facility in Tiruvottiyur.
On June 12, 1963, Pandit Nehru laid the foundation stone for the Rubber Research Centre at Tiruvottiyur to commemorate the inauguration of the Tiruvottiyur plant.
MRF established an international branch in Beirut in 1964, one of India’s earliest attempts to sell tyres and establish an identity. The MRF Muscleman was created.
In 1967, MRF was the first Indian business to sell tyres to the United States, the cradle of tire technology. In 1970, MRF established its second factory in Kottayam.
At present MRF going at its highest price in the market.
2. Page Industries (Rs. 43,540.00)
Page Industries is the top highest share price in India having a share price of 43,540.00. Page Industries Limited, based in Bangalore, India, is the JOCKEY International Inc. (USA) official licensee for the production, distribution, and marketing of the JOCKEY® brand in India, Sri Lanka, Bangladesh, Nepal, and the UAE. Page Industries is also the only licensee of Speedo International Ltd.
The company’s flagship brand, JOCKEY, is a global leader in the innerwear area. Page Industries and Brand Jockey have made significant contributions to the innerwear business. Through the brand Jockey, the corporation has developed the premium niche in the innerwear industry in India.
The introduction of high-quality products, along with an organized and broad network of distributors across India, has resulted in a paradigm change in how our country’s customers see innerwear.
JOCKEY took the brave step of breaking the norms of innerwear commerce two decades ago. Modules and Fixtures for product display, appealing Box Packaging, and Lifestyle Point-of-Sale images guaranteed that the category was ‘taken out of the closet’ by utilizing first-of-its-kind international brand marketing.
JOCKEY was also the first Indian innerwear company to open Exclusive Brand Outlets around the country. As of September 2017, the brand had 384 Exclusive Brand Outlets across India, with 286 outlets on major thoroughfares and 98 locations in high-traffic retail malls.
3. Honeywell Automation (Rs. 36,050.00)
Honeywell Automation India Limited is the top highest share price in India having a share price of 36,050.00. Honeywell Automation India Limited (HAIL) is a firm worth more than $350 million that is traded on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). It was founded in 1984 in India, with its registered office in Hadapsar, Pune. HAIL is a market leader in offering integrated automation and software systems, as well as process and building solutions. It offers a diverse product range in environmental and combustion controls, sensing and control, and technical services in automation and control to global clients. HAIL, a Fortune India 500 firm, employs over 3,000 people across Pune, Bangalore, Hyderabad, Mumbai, Chennai, Gurgaon, Kolkata, Jamshedpur, and Vadodara.
4. Shree Cements (Rs. 19,919.95)
Shree cements is the top highest share price in India having a share price of 19,919.95. Shree Cement has been devoted to the cause of sustainable, inclusive growth since our inception in 1979, and this has been made possible by cultivating a culture of continuous improvement, innovation, caring, and cooperation, through which we drive operational excellence in goods, processes, and people. This has made it a customer-focused organization, allowing us to service markets in India and the Middle East. Shree Cement has a total cement production capacity of 47.4 million tonnes per year (including exports) and a power generation capacity of 752 megawatts.
Its activities cover India and the UAE, with four integrated facilities in India, one in the UAE, and nine grinding units. Shree Cement was also included in the industry. These were pioneers in the utilization of alternative fuel resources in cement manufacturing, and today they have the world’s greatest installed capacity of Waste Heat Recover Power plants, second only to China.
5. 3M India (Rs. 22,700.00)
3M India is the top highest share price in India having a share price of 22,700.95. 3M is basically a science-based organization. They create thousands of innovative products, and we are a global leader in a variety of industries, including health care and highway safety, as well as office supplies and abrasives and adhesives.
Their success is founded on their ability to adapt their technology – frequently in tandem – to an infinite number of real-world client demands. All of this is made possible by the people of 3M and their unwavering dedication to making people’s lives simpler and better all across the world. The ideal connection between India’s broad customer profile and 3M’s diverse range of products giving proven customer advantages resulted in the birth of 3M India as Birla 3M in 1988. In December 2002, the name of the firm was changed to 3M India.
6. Abbott India (Rs. 19,450.00)
Abbott India Limited is the top highest share price in India having a share price of 19,450.00. It has been committed to helping Indians live better lives since 1910 by providing a wide range of science-based nutritional products, diagnostic instruments, branded generic medications, and diabetic and vascular devices.
It is headquartered in Mumbai and a subsidiary of Abbott Laboratories, takes pleasure in providing high-quality, trustworthy medications in a variety of therapeutic areas, including women’s health, gastroenterology, cardiology, metabolic disorders, and primary care.
Abbott India Limited, one of India’s fastest-growing pharmaceutical firms, is part of Abbott’s worldwide pharmaceutical business in India.
This is committed to providing great healthcare to Indians via a combination of global and indigenous goods. Their in-house development and medical teams create products and conduct clinical trials that are targeted to the specific demands of the Indian market. Their staff use cost-effective procedures to develop high-quality, high-volume formulations. Furthermore, They are highly qualified professionals who are committed to guaranteeing compliance with international quality standards.
7. Nestle India (Rs. 18,378.30)
Nestle India is the top highest share price in India having a share price of 18,378.30. The NESTLÉ Anglo-Swiss Condensed Milk Company (Export) Limited began operations in India as The NESTLÉ Anglo-Swiss Condensed Milk Company (Export) Limited in 1912, importing and selling completed products.
Following India’s independence in 1947, the Indian government’s economic policies emphasized the importance of indigenous production. NESTLÉ reacted to India’s objectives by establishing a firm in India and establishing its first plant in 1961 at Moga, Punjab, where the government desired NESTLÉ to grow the milk economy. In order to progress in Moga, NESTLÉ’s Agricultural Services were introduced to educate, advise, and assist farmers in a number of ways.
From raising their cows’ milk supply through enhanced dairy farming methods to irrigation, scientific crop management procedures, and assisting with the acquisition of bank loans.
NESTLÉ established milk collection centers to not only assure fast collection and fair rates but also to instill faith in the dairy industry within the population. Progress entailed the ongoing and sustained production of prosperity, which culminated in the transformation of Moga into not just a prosperous and dynamic milk area today, but also a booming center of industrial activity.
8. Bosch (Rs. 16,160.00)
Bosch is the top most highest share price in India having a share price of 16,160.00. Bosch India, with a 100-year history, is a major provider of technology and services in the fields of Mobility Solutions, Industrial Technology, Consumer Goods, Energy, and Building Technology. Furthermore, Bosch maintains the largest development facility outside of Germany for end-to-end engineering and technology solutions in India.
9. P & G Hygiene (Rs. 14,125.00)
P&G is the top most highest share price in India having a share price of 14,125.00. The link between Procter & Gamble and India began in 1951, when Vicks Product Inc. India, a division of Vicks Product Inc. USA, entered the Indian market. Richardson Hindustan Limited (RHL) was created in 1964 and got an Industrial License to manufacture Menthol and decentralized peppermint oil, as well as the VICKS family of goods such as Vicks Inhaler, Vicks VapoRub, and Vicks Cough Drops. RHL launched Clearasil, America’s number one pimple cream at the time, in the Indian market in May 1967. RHL releases Vicks Action 500 in 1979, and in 1984 it establishes an Ayurvedic Research Laboratory to target common diseases such as cough and cold.
10. Bombay Oxygen (Rs. 12,446.00)
Bombay Oxygen Corporation Limited was established on October 3, 1960, in accordance with the provisions of the Companies Act, 1956. With effect from October 3, 2018, the company’s name has been changed to BOMBAY OXYGEN INVESTMENTS LIMITED.
The company is a public limited company that is listed on the BSE Limited with the code L65100MH1960PLC011835. The Board of Directors oversees the operations of the company.
The principal operation of the company was the manufacture and delivery of industrial gases, which ceased on August 1, 2019. The Company possesses significant financial investments in the form of shares, mutual funds, and other financial securities, and the income from such financial investments is the Company’s source of revenue.
The Reserve Bank of India, Mumbai, has awarded the Company a Certificate of Registration dated 31st December 2019 for carrying on the business of a Non-Banking Financial Institution (NBFC) without taking Public Deposits.
Conclusion
Companies with the highest share price are the most valuable firms on the stock market. They are the most likely to generate a return on investment for shareholders. The biggest companies in the country are often the most successful in generating revenue and generating profits. They are often the most respected, well-known companies in the country, and their success often sparks investor interest in other companies on the stock market.