A company’s stock price does not always reflect its quality. However, looking at the highest share prices can be interesting for both investors and those curious about stock market history. This list includes a variety of companies, from candy makers to mining firms, showing the diverse range of businesses that have achieved high stock prices. Here are 10 stocks with the highest prices in history, along with explanations of why they are significant and have such high valuations. For those exploring the highest share prices in history through a trading app, consider checking out BlinkX, Zerodha, and Upstox, which offer informed investment decisions.
- Madras Rubber Factory Limited (MRF): It is a leading Indian tyre company, producing tyres for various vehicles and also manufacturing retreads, paints, coats, sports goods, and children’s puzzles under the Funskool brand. With a 29% market share in FY21, MRF is among the top ten strongest brands in India. The stock price is ₹1,37,484.66 as of August 2024.
- Yamuna Syndicate Ltd: It was established in 1955, Yamuna Syndicate Ltd. is a trading and marketing company dealing in automotive parts, agrochemicals, industrial electricals, and consumer electricals. The company owns 45% of ISGEC Group’s main firm, IHEL. The current stock price is ₹53,200.00, with an all-time high of ₹66,999.00 and a low of ₹16,100.00 as of August 2024.
- Honeywell Automation India Ltd : Honeywell Automation India Ltd (HAIL) began as a joint venture between Tata Group and Honeywell in 1987, becoming independent in 2004. Their operations span across oil and gas refining, paper and printing, power generation, electronics hardware, fire detection systems, and software development. With over 120,000 employees in over 100 countries, Honeywell Automation is one of the most expensive stocks in India. As of August 2024, the current stock price is ₹51,349.10, with an all-time high of ₹51,728.30 and a low of ₹51,016.05.
- Page Industries Ltd: Page Industries is the exclusive licensee for Jockey, a premium innerwear and swimwear brand from the USA, in India, Nepal, Bangladesh, UAE, and Sri Lanka. They also hold the license for Speedo International’s products in India. Their premium services and consistent growth contribute to their high stock prices. As of August 2024, the current stock price is ₹41,200.00, with an all-time high of ₹41,526.55 and a low of ₹40,548.00 since February 2024.
- 3M India Ltd: It was incorporated in 1987 as Birla 3M Ltd, 3M India Ltd is a life sciences company that produces a wide range of products, including automotive, commercial solutions, healthcare, electronics, and transportation products. The company is among the top ten highest stock prices in India. As of August 2024, the current stock price is ₹37,000.00, with an all-time high of ₹37,918.60 and a low of ₹36,801.10
- Bosch Ltd: Bosch Ltd operates in several markets, including automotive technology, industrial technology, consumer products, and energy and building technology. They manufacture and trade items like diesel and gasoline fuel injection systems, automotive aftermarket products, industrial equipment, power tools, security systems, and energy solutions. Bosch Ltd is one of the most expensive stocks in India. As of August 2024, the current stock price is ₹31,550.00, with an all-time high of ₹31,880.00 and a low of ₹31,369.60.
- Bombay Oxygen Investments Ltd: It was founded on October 3, 1960, Bombay Oxygen Investments Ltd changed its name in 2018 and ceased its industrial gas business in 2019. The company received approval from the Reserve Bank of India to operate as a Non-Banking Financial Institution. It generates revenue from financial investments in shares, mutual funds, and other securities. As of August 2024, the current stock price is ₹30,554.00, with an all-time high of ₹38,800.00 and a low of ₹9,811.30.
- Shree Cement Ltd: Shree Cement is a leading cement manufacturer in India, with plants in six states. The company, known for owning the Chennai Super Kings (CSK) cricket team, has a market capitalization exceeding ₹1 trillion. As of August 2024, the current stock price is ₹24,200.00, with an all-time high of ₹24,509.25 and a low of ₹24,140.05.
- Abbott India Ltd: It is a successful international pharmaceutical company in India, founded in 1944. A subsidiary of Abbott Laboratories, it operates in over 160 countries with a history of more than 130 years. The company relies on independent distributors within India. Abbott India Ltd is among the most expensive stocks in India. As of August 2024, the current stock price is ₹27,309.05, with an all-time high of ₹29,628.15 and a low of ₹21,907.45.
Conclusion
The highest stock prices in history reveal a diverse range of industries with significant market valuations. Companies like MRF Ltd, Honeywell Automation India Ltd, Page Industries Ltd, 3M India Ltd, Bosch Ltd, and Abbott India Ltd represent unique segments of the economy. Their impressive stock prices reflect their consistent performance, strategic growth, and investor confidence. These companies have carved significant positions in the stock market due to their manufacturing excellence, market dominance, and innovative solutions. For those examining the highest share prices in history, Suzlon share price history offers a comprehensive look at its performance, providing daily, weekly, and monthly data.
