Think of a stock that used to cost just a few hundred rupees and now costs over ₹1 lakh per share! That’s what makes the costliest shares in India so interesting. High-value stocks like these are on every investor’s radar for their potential returns and stability. But what makes their prices so high and why do they continue to attract investors year after year?
In this detailed post we will look at the most expensive shares in India for 2025, their historical performance, business model and future prospects.
When we talk about the most expensive shares in India, it’s not just about a high number on the stock ticker. A high share price often signals a company’s strong financial health, market dominance, and investor confidence. But does an expensive share mean it’s the best investment? Not necessarily. The price of a stock is influenced by several factors, like profitability, demand, and the company’s potential for future growth.
It’s also important to understand that high share prices don’t always reflect a company’s overall value. For example, a company with fewer shares available can have a much higher price per share compared to larger companies with more shares in circulation. This is why looking beyond the price and evaluating a company’s fundamentals is crucial when considering these high-priced stocks.
Here's a detailed table of the top 10 most costly shares in 2025, including their sub-sector, market capitalisation, current market price (CMP), and 3-year return performance.
| Costliest share in India | Market Cap (₹ Cr.) | CMP (₹) | 3yr Return |
|---|---|---|---|
| 1. Elcid Investments | 3,448 | ₹1,73,700 | 8271329%% |
| 2. MRF Ltd. | 49,666 | ₹1,17,104 | 57.64% |
| 3. Page Industries | 52,139 | ₹47,745 | 7.13% |
| 4. Yamuna Syndicate | 1,294 | ₹42,102 | 171.63% |
| 5. Honeywell Auto | 36,552 | ₹41,340 | -5.09% |
| 6. Bosch | 93,536 | ₹31,713 | 82.06% |
| 7. Bombay Oxygen | 435 | ₹28,996 | 90.85% |
| 8. 3M India | 33,450 | ₹29,693 | 16.15% |
| 9. Abbott India | 61,140 | ₹28,772 | 57.11% |
| 10. Shree Cement | 92,866 | ₹25,738 | -4.48% |
When it comes to the most expensive share price in India, these companies are not just leading the pack in terms of stock price but also in their respective industries. Below, we’ll take a closer look at each company, its history, core business, and future outlook.
Elcid Investments recently overtook MRF Ltd. to become the most expensive stock in India, with a staggering price above ₹1,73,700 per share.
Elcid Investments is a non-banking financial company (NBFC) registered under the Reserve Bank of India (RBI) as an Investment Company. The company primarily focuses on investment and wealth management, holding significant stakes in blue-chip stocks and other financial instruments. Despite its small operational size, Elcid’s share price reflects its portfolio's extraordinary value and the rarity of its stock.
MRF Ltd. was long recognized as the most expensive stock in India before being surpassed by Elcid Investments.
Founded in 1946 as a toy balloon manufacturer, MRF pivoted to tyre manufacturing by 1952 and is now the country’s largest tyre producer. Its products cater to various sectors, including automotive, commercial vehicles, and aviation.
The company’s strategy of not splitting its shares has kept the stock price high, ensuring rarity and demand. Combined with strong financial performance, MRF continues to be an investor favourite.
Page Industries, the exclusive licensee of Jockey International in India, has established itself as a dominant player in the apparel and innerwear markets. Founded in 1994, Page Industries has consistently grown its brand by focusing on high-quality products, catering to both the domestic and international markets.
Yamuna Syndicate is a diversified holding company that operates across various industries, including automotive parts, petroleum products, and agricultural machinery. The company’s stock price has surged in recent years, making it the costliest share in India.
The company’s future strategy revolves around expanding its footprint in the energy and automotive sectors and exploring new opportunities in renewable energy.
Honeywell Automation India Ltd. is a leader in the field of industrial automation and control systems, serving a wide range of industries, including manufacturing, aerospace, and energy. Honeywell Automation’s stock has earned the position of the high-price stock in India thanks to its commitment to innovation and its role in driving digital transformation across Indian industries.
The company's focus on research and development ensures that it stays ahead of competitors.
Bosch Ltd. is one of the costliest shares in India and a leading automotive technology and engineering company in India, known for its innovations in mobility solutions. The company has been operational in India since 1951 and is part of the global Bosch Group. Bosch’s offerings range from automotive components to industrial technology, making it a key player in both sectors.
Bombay Oxygen Investments Ltd. started as a manufacturer of industrial gases but has now transformed into an investment company. Initially established in 1960, the company was known for supplying oxygen and other gases to various industries. However, in recent years, Bombay Oxygen has shifted its focus to investments and has since rebranded itself as a non-banking financial company (NBFC).
3M India, a subsidiary of the American conglomerate 3M, operates across multiple sectors, including healthcare, industrial products, and consumer goods. Founded in 1988, 3M India has gained a reputation for providing innovative solutions that address everyday needs in areas like safety, energy, and healthcare.
The company’s stock price has remained high due to its diversified product portfolio and its commitment to research and development.
Abbott India, a subsidiary of the global healthcare company Abbott, has been serving the Indian market for over 100 years. The company provides pharmaceutical products and nutritional supplements that cater to various health needs, including cardiovascular care, diabetes management, and nutrition.
Abbott India’s stock has consistently performed well due to its strong market presence and product innovation.
Shree Cement is one of India’s leading cement producers, focusing on eco-friendly manufacturing processes and operational efficiency. Founded in 1979, the company has grown its market share through strategic capacity expansions and by adopting innovative, sustainable practices.
Each of the most expensive shares in India represents a company with a rich history of growth, innovation, and industry leadership. From Elcid Investments dominant position as the most expensive stock to companies like Page Industries and Shree Cement driving high value in their respective sectors, these stocks reflect more than just high prices—they represent long-term value and potential for continued growth.
The most expensive shares in India reach their high price points for several compelling reasons. These factors are not just limited to the company's size but reflect the company’s financial health, market dominance, and investor demand.
Investing in the most expensive shares in India can be a tempting option, but it’s essential to consider the pros and cons.
Before jumping into buying the costliest shares in India, here are key factors to consider:
The high-priced stocks in India aren’t just for high-net-worth individuals. Thanks to platforms offering fractional shares or SIPs (Systematic Investment Plans), even retail investors can buy into these high-value companies.
Investing in high-priced stocks is no longer limited to the wealthy, but it’s still important for all investors, regardless of size, to carefully evaluate their investment goals and risk tolerance before diving in.
Companies like MRF don’t split their shares because high stock prices can create a sense of exclusivity and stability, signalling to the market that they are premium, well-established firms. In addition:
By not splitting their shares, these companies maintain their elite status in the market, which can continue attracting long-term investors who prioritise stability over accessibility.
In 2023, HDFC Bank did a stock split, and retail investor participation increased by 15% in the first quarter post-split. But the valuation and fundamentals of the company remained same, because a stock split only affects accessibility not the intrinsic value
Key Insights:
The most expensive shares in India are more than just high stock prices. They are symbols of strong financials, market leadership and long-term growth. Among them, Elcid Investments is the highest-priced stock in India and has been so for many years through careful management and focus on quality. Whether it's MRF, Page Industries or Shree Cement, these companies deliver value to their shareholders.
However, evaluating your risk appetite and portfolio diversification is essential before jumping in. In summary, the most expensive shares in India are not just expensive—they’re also reliable growth engines for patient investors.
Elcid Investments is the most expensive share in India, with a stock price exceeding ₹1,73,700 per share. Known for its leadership in the tyre manufacturing industry, MRF's high share price is driven by strong financial performance and a strategic decision to avoid stock splits.
Not always. Expensive shares often provide stability and steady returns, while mid-cap and small-cap shares offer higher growth potential but have greater risk. The choice depends on your portfolio's risk appetite, investment goals, and the need for diversification.
While high-priced stocks like MRF and Page Industries tend to offer stability and consistent returns, they are not guaranteed to provide better returns than lower-priced stocks. The key is to evaluate the company's financials and growth potential before investing.
Many companies, like MRF, avoid stock splits to maintain a sense of exclusivity and attract institutional investors. Keeping the stock price high signals market stability and financial strength, which can enhance investor confidence.
As of 2025, India's top 5 most expensive shares include Elcid Investments, MRF Ltd, Page Industries, Yamuna Syndicate, and Honeywell Automation. These companies are leaders in their respective industries, with strong financials and high market demand driving their stock prices.
Investing in high-priced shares doesn’t automatically guarantee better returns. The decision should be based on the company’s fundamentals, growth potential, and investment strategy. High-priced shares like MRF and Honeywell Automation are typically considered stable, but every investor’s goals differ.
The automobile, industrial automation, and FMCG sectors currently have some of the most expensive shares in India. Companies like MRF (tyres), Honeywell Automation (industrial automation), and Page Industries (apparel) are all leaders in their respective sectors, which drives their share prices higher.
Disclaimer: This article is for educational purposes only and should not be considered financial advice. Always conduct your research and consider consulting with a financial advisor before making any investment decisions.
