Top 10 Most Expensive Indian Stocks in 2022
Top 10 Most Expensive Indian Stocks in 2022
When you are thinking about investing in stocks, it's important to remember that just because a stock is really expensive, it does not mean you should buy it. Before you spend any money, it's important to research and ensure you know what the company does and how it has been doing. Even if a stock looks like a good deal, put your money in several different stocks, so if one stock doesn't do well, you still have other stocks that are making money. Investing your money carefully will help you make the most of your money.
Top 10 Most Expensive Indian Stocks in 2022 - trading platform in indore india
1. MRF - trading platform in indore india
Madras Rubber Factory, also known as MRF or MRF Tyres, is a multinational corporation that produces the majority of India's tires. Its corporate headquarters are located in Chennai, Tamil Nadu, India. MRF primarily produces tires for automobiles. However, it also produces sports goods and paints, and the well-known toy brand Funskool' is an MRF product. In the early days of MRF, K.M. Mammen Mappillai's backyard shed served as a small toy manufacturing facility.
2. Honeywell Automation India - trading platform in indore india
Software business solutions are provided by Honeywell Automation to other businesses. The organization helps to fabricate plants, structures, laborers, and supply chains to become more creative and maintainable through its cycle arrangements. Tata Honeywell was the name of the company that was founded in 1987 as a joint venture between the Tata Group and Honeywell's parent company in the United States. In 2004, the Tata group gave its 40.62 percent stake to the foreign joint venture partner.
Consolidated in 1984, Honeywell Automation, a piece of the USA's Honeywell bunch, is a market chief in the arrangement of coordinated computerization and programming arrangements. These solutions aim to make homes and businesses safer and more secure. In addition, it offers engineering services to clients worldwide and sells products that control combustion and the environment. Due to its strong parentage, asset-light business model, and sound balance sheet, the stock commands a premium price.
3. Page Industries - trading platform in indore india
Jockey products can be made, manufactured, and distributed in India, Bangladesh, the United Arab Emirates, Sri Lanka, and Nepal by Page Industries. Speedo International Ltd.'s products are also under an exclusive license from Page Industries.
Page Industries' prices have surpassed Rs. Page Industries is the emblematic example of a stock with multiple bags. Over the past three years, Page Industries, which makes and sells loungewear and underwear, has earned more than 176% in returns. It is the sole license holder for the distribution of Speedo International's products and owns the Jockey brand. As the company plans to expand its distribution network and diversify its product offerings by entering additional premium ranges, the stock's fundamentals remain strong.
4. Shree Cement - trading platform in indore india
Shree Cement is India's leading cement manufacturer, with headquarters in Kolkata. It is known by three different brand names: Rock Strong, Bangur Cement, Shree Jung Rodhak, and Roofon Shree Cement is one of India's lowest-cost producers, boasting an installed capacity of over 43 MTPA.
5. 3M India Limited - trading platform in indore india
In India, 3M India was established in 1987. Its business is very diverse across many different areas. You might be familiar with Scotch Brite, Scotch Tapes, Post-It Notes, and Scotchgard glue, all of which are products manufactured by 3M. Adhesives, window films, paint protection films, signs, dental products, surgical solutions, and other items are also included.
6. Abbott India - trading platform in indore india
Abbott India is a subsidiary of Abbott Laboratories in the United States. It offers several lines of nutritional products, diagnostic devices, diabetes, and vascular devices, as well as branded generic drugs. Anesthesia, Animal Health, Cardiovascular, Diabetes Care, Hematology, Immunodiagnostics and Clinical Chemistry, Immunology, Metabolism, Molecular, Neuroscience, Nutrition, Oncology, Pain Care, Point of Care, Kidney Care, Vascular, and Virology are just a few. 'Making Medical Specialties developed, manufactured, and marketed by Abbott India Ltd. The company has an in-house development and clinical team working on product development and clinical trials specifically for the Indian market.
7. Nestle - trading platform in indore india
Nestle India is a renowned nutrition, health, and wellness firm and a part of the Swiss-based Nestle Group. It has a diverse portfolio of brands, including Maggi, Nescafe, Kit-Kat, Milkmaid, and others. Nestle's prospects are projected to increase more as a result of its concentration on metropolitan regions.
8. Bajaj Finserv - trading platform in indore india
Bajaj Finserv is a holding company for the Bajaj Group's financial service operations, with a market valuation of over Rs. 2 lakh crores. It is registered with the RBI as a core investment firm. In the last three years, Bajaj Finserv has achieved returns of more than 142%.
Bajaj Finserv Ltd. plans to expand into the consumer finance, life insurance, and general insurance markets in India by offering a wide range of financial services and products. In addition, the business produces wind energy and provides financial services.
9. Bosch - trading platform in indore india
Energy, industrial technology, building technology, mobility solutions, and consumer goods are just a few of the industries in which Bosch manufactures products. Its outlook for the future is positive, as it anticipates continued focus on increasing content per vehicle and robust demand in the automobile market.
10. P&G - trading platform in Indore India
One of the fastest-growing Fast Moving Consumer Goods (FMCG) companies in India is Procter & Gamble Hygiene and Health Care Limited (P&G HCL). Its portfolio includes Old Spice, Vicks, India's top healthcare brand, and Whisper, India's leading feminine hygiene brand. Indian Procter & Gamble Company subsidiary Procter & Gamble Hygiene & Health Care.
Procter & Gamble Hygiene & Health Care Ltd. is a consumer goods company that moves quickly and has one of the fastest growth rates in India
In conclusion, even though investing in these businesses may yield substantial returns for a smaller number of shares, their historical growth indicates that they have expanded at a sizable rate. But anything can happen because the stock market fluctuates. Therefore, before investing, be prudent and ensure that you are aware of the risks by conducting extensive research.
Rudra Stox is a trading platform in Indore, India that allows people to buy, sell, and trade stocks online. It makes it easy for people who want to invest their money and make money from the stock markets. With Rudra Stox, you can learn about different stocks, track the markets, and buy and sell stocks from your home.
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